These days staying in palatial houses is to announce that I am a rich man but a lot can be learnt from Warren Buffett house which is just enough to fulfill his basic needs and this is despite the fact that he is one of the richest man of the world. People pay him to have a Lunch or dinner meeting with him. Check out Warren Buffett House here and also understand his ideology behind owning that house.
At our home front in India we have palatial houses being enjoyed by Mukesh Ambani or Rakesh Jhunjhunwala or as a matter of fact Shahrukh Khan or may be Sachin Tendulkar.