There are various predictions out there that say eCommerce will be the only dominant business model in 3 (or 5 or 10!) years from today. Many of those predictions have been around for the past 10 years now, and yet the old bricks and mortar business model still prevails.
The CEO's "expenses" included $60,000 for Met Gala tickets in 2019, furniture for his houses in NYC and Bermuda, as well as costs for maintaining his personal website, personal credit card fees and even a new personal car.