Go ahead. But remember I bet you make more than twice as much as me.
I'm not trying to start a measuring contest so I'll refrain.
Still, though, I'll point out a couple of things:
One is that people tend to prioritize purchasing what they want. For some that's current high end Apple gear, for others its cars, or for others maybe it's photo equipment.
The second is that I buy cameras almost exclusively second hand and when they're no longer current. That is especially true these days as DSLRs are basically a dead end and prices have fallen a lot compared to two years ago. Even when not, though, I'd save a lot of money by carefully buying used/second hand.
The third is that I bought my first "serious" camera in 2005, and although I still have that particular one, I have also strategically sold quite a bit particularly to fund new purchases. When you consider that I've been at this for nearly 20 years, the annual cost of this hobby to me has not been that great. That is especially true because I like buying high end stuff that will continue to work great for a long time.
In fact too I'm in the position now of seriously considering selling kind of a high end lens I bought not too terribly long ago because I just never use it. I'm waiting it out a bit longer to see if I warm up to it, but it's under strong consideration for going even if I'll likely lose a bit selling it. It's an amazing lens, but the size, weight, and relatively limited uses for my photography keep it at home far too much.
Also too I've made good money in the past buying more collector-oriented cameras at little country auctions and estate sales(or other lucky places). There's a big element of knowing what you're looking at there, especially as there's a lot of junk to sift through and it takes a lot of patience. In the last couple of years, too, I've cleaned out some of my own personal "keeper" collection as I've watched prices of stuff like 70s and 80s Nikons go to nutty places that weren't imaginable even 5 years ago.
I don't(currently) get paid for photography but have done some side business in the distant past and have at times toyed with the idea of getting back into it. When someone is in that position, buying the appropriate equipment makes you money. If you're doing it right you're going to make far more money than what the equipment costs. You don't need the latest, greatest, and best necessarily depending on your exact field, but you do need reliable equipment of an appropriate quality and configuration for what you're doing.