BUSINESS JETS and PRIVATE AIRPLANES owned by Billionaires and Celebs
Business Aviation or Private Aviation is the use of an aircraft for a business purpose or private purpose.
It is not uncommon for wealthy individuals, including celebrities and professional athletes, to own or have access to private jets for personal use.
Jets are very expensive, with private jet prices exceeding tens of millions of dollars, so only the world’s richest can afford a private plane.
A business jet, also known as a corporate jet, is a type of aircraft that is used for private transportation of individuals or small groups. Business jets are typically smaller than commercial airliners, and are designed for shorter distances and shorter runways. They are often used by corporate executives, entrepreneurs, and wealthy individuals to travel to meetings, conferences, and other events.
Business jets come in a variety of types and sizes, ranging from light jets to ultra-long-range jets. Light jets are the smallest type of business jet and are typically used for shorter flights of up to 1,500 miles. They can typically seat up to 8 passengers. Mid-size jets, which can seat up to 12 passengers, have a longer range of up to 3,000 miles, and can fly higher and faster than light jets. Large jets can seat up to 16 passengers and are capable of flying even longer distances of up to 5,000 miles. There are also ultra-long-range jets that can fly nonstop for more than 8,000 miles.
One of the main advantages of business jets is the convenience and flexibility they offer. Business jets can fly to smaller, more remote airports that may not be served by commercial airlines, and can often land closer to the final destination. They also offer more privacy and comfort than commercial airliners, with amenities such as private bedrooms, bathrooms, and dining areas.
However, business jets also have some disadvantages. They can be quite expensive to operate and maintain, and the purchase price of a new business jet can range from several million dollars to over $100 million. Additionally, business jets are not environmentally friendly, as they tend to use more fuel per passenger-mile than commercial airliners.
In conclusion, business jet is a type of aircraft used for private transportation of individuals or small groups, which allows for more flexibility and convenience than commercial airliners. They come in various types and sizes, from light jets to ultra-long-range jets. They offers more amenities and privacy, but at a higher cost and negative impact to the environment.
Often a private jet charter is used, as the cost of a charter service is less expensive than owning a jet.
A private airplane or business jet is a jet aircraft designed for transporting small groups of people, mostly in opulence luxury.
The aircraft are mostly owned by corporations, billionaires, celebs, and government organizations.
Most Expensive Jet
The costs of jets vary from a few million dollars to several hundred million dollars. The costs are even higher due to the custom private jet interiors. The most expensive private jet is probably the Boeing 747-
A Boeing 747 BBJ is the only 4-engine private jet. Most business aircraft have 2 engines. The Dassault Falcon 7X and 8X are 3 engine business jets.
The Airbus ACJ380 is bigger and maybe even more expensive. But we are not sure if one is actually in operation. Saudi billionaire Prince Al Waleed bin Talal ordered one. But he canceled the project.
The plane has reportedly been taken over by the King of Saudi Arabia. Al Waleed still owns the private Boeing 747 with registration HZ-
If we just include billionaire private jets built in series. Then this is the list with the most expensive business aircraft in 2022.
|Jet Type||Price ($)||Charter Rate / Hour ($)|
|Boeing 747 BBJ||$260,000,000||$30,000|
|Boeing 787 Dreamliner BBJ||$230,000,000||$28,000|
|Boeing 737 BBJ||$110,000,000||$17,000|
|Dassault Falcon 8X||$60,000,000||$12,.500|
In 2020 there were more than 22,500 business jets in the worldwide fleet. Of which 11% were for sale. About 70% of the fleet is in North America. The European market is the next largest. With growing activity in the Middle East, Asia, and Central America.
The Most Popular Jet
The most popular jets, not necessarily in actual sales numbers. But as billionaires ‘like to have’.:
- Gulfstream G650 –
at a price of $70 million (some say the G650 is the best private jet)
- Dassault Falcon X8 –
at a price of $60 Million.
- Bombardier Global 7000 –
at a price of $50 Million.
Most popular in actual sales numbers are the. :
- Cessna Citation
- Embraer Phenom
- Bombardier Challenger
Business Jet Owners
Business jet ownership is primarily concentrated among individuals and companies with significant wealth and resources. The types of individuals and companies that own business jets include:
- Corporate executives: Many large corporations and businesses own or have access to a business jet for their executives to use for business travel.
- High net-worth individuals (HNWI): Business jets are popular among HNWIs, who have the financial means to purchase or charter a jet for personal use. This includes wealthy entrepreneurs, business owners, and investors.
- Politicians and government officials: Some politicians and government officials use business jets for official business, as well as personal use.
- Celebrities and athletes: Many celebrities and high-profile athletes own or have access to a business jet for personal use.
- Charter and fractional ownership companies: Some companies specialize in providing business jet charter services or fractional ownership opportunities to individuals and businesses.
Business jet ownership is a symbol of wealth, but also it can be a necessity for some cases, such as individuals and companies with a significant amount of business travel. However, owning a business jet also has some tax advantages and benefits for business owners and individuals. Some countries and states offer tax breaks for owning or operating a business jet as they are seen as a way to promote economic development and business growth.
Celeb Jet Owners
Famous owners include Donald Trump. He owns a Boeing 757 with registration N757AF. The jet has a dining room. Roman Abramovich owns Boeing 767 with registration P4-
Private Jet Interior
Designers have created some of the most impressive interiors for business jets. In the photos hereunder you’ll see the interior of a Boeing 747 BBJ design for a head of state. There are also some examples of Gulfstream G650 interiors and those of a Bombardier Global 600o. The custom-built interior of a private jet can cost more than $ 10 million.