Well, he may not have every option in the world (e.g. he can't simply move to San Francisco and hope to have a nice life without working), but he does effectively have his own personal basic income, and it's a significant amount. Right now, I couldn't imagine the additional freedom I'd have if I had ~$30-40k coming in every single year, regardless of what I did for work (if anything).
That's enough to live on and do those things you would do that only requires you. If you ever want to leverage something into a larger undertaking, that requires serious capital rather than a basic income.
Unless you're a billionaire there are always going to be things you can't afford to do. For many if not most people, having enough passive income to live without having to work would be a dream come true.