Billionaires are transforming luxury real estate into status symbols, acquiring multiple lavish properties across cities like London and Monaco. Homes serve as assets and trophies, outfitted with extravagant features—mega basements, pools, gyms, and cutting-edge tech. These properties often sit vacant, maintained by staff, reflecting impermanence and competition. The super-rich seek security, privacy, and one-upmanship, but rarely create true homes, living instead in a global bubble of luxury.