As stated in the show Billions, sports franchises are how people are knighted in today's society.

Space travel may be another level above that.

Really form my UK perspective a businessman buying a football club is a sign of either insanity or criminality some times both.

Oh, that's very much how it is in America. Our knights are also mostly white-collar criminals and/or insane.

Well, you need some way to separate yourself from those that are merely rich.