What sets the Free world apart from the rest of the world? It is that we can chose what we want to do with our earnings and investments. If I want to buy lots of "stuff", I can. If I want to give to charities, church or whatever, I can.
It sounds like the gentleman pretty much did what he wanted, he and his wife traveled each year, etc.
To each his own, and may he or she not have to worry about what I or you think.