Yes, I think this very often. In fact, I think it is an inevitable future evolution of society. It will likely start out with the oceans - private islands and super yachts are being rapidly built and purchased by elites around the world.

If you're a pleb, like me, I think the best bet is to just hunker down, keep your head down, stay away from mentally ill types, and focus on getting very good at a useful skill. The elite will still need software engineers to build out the dystopia.