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If ‘assets’ includes publicly traded stocks then they’re essentially the same as cash at those kind of numbers. You only need “immediate” cash for purchases under about $100k, anything bigger than that you can typically wait for the sell order to go through.
But overall that number looks about right; $350m is just about the ceiling where it’s literally not possible to spend it all on things for yourself. It could buy you the most expensive house ever sold ($240m) plus the most expensive new car ($40m) plus the world’s most expensive watch ($31m), and still leave you enough for a median-priced fully staffed private island ($10m), an 82’ yacht ($7m), a small private jet ($12m), and you’d still be a deca-millionaire at the end of it.
Anyone spending more than that isn’t spending it on things, they’re spending it on power.