Rich people like millionaires and billionaires have the money to spend on luxury things. However, not every rich person can afford a private jet. It is expensive to buy and maintain a private jet. As such, only the super-wealthy people can afford one. Private jets are some of the things rich people buy for fun.
Billionaires always want to travel in comfort and as such, they prefer to use private jets. Not many billionaires who own private jets. Those who have them use them for business or private trips. Gulfstream is the most common billionaires private jet.
We are going to cover some of the billionaires who own private jets and the type of jets they own.
Most Expensive Private Jets Owned by Billionaires
The following are some of the billionaires who own private jets, types of billionaires private jets and their cost:
1. Jeff Bezos
Jeff Bezos the founder and Chair of Amazon is one of the billionaires with private jets. Jeff Bezos owns Gulfstream G650ER through his holding company Poplar Glen. He bought this jet in 2015 and is one of the fastest and largest business planes in the world. The jet is powered by two Rolls-Royce BR725 engines.
The jet is divided into two portions; a working area that can also be used as a relaxation area and a kitchen. It has 16 windows; the floor is made of wood while the seats are made of leather.
2. Bill Gates
Bill Gates is the founder of Microsoft. The billionaire owns a private jet that cost him $194 million. The billionaire owns four private jets. They include two Bombardier Challenger 350 and two Gulfstream G650ERs.
His main jet has a capacity of 16 passengers and has a restroom where one can sleep. The jet offers high-quality performance and a smooth flight. The jet has the ability to travel up to Mach 0.94.
3. Elon Musk
Elon Musk is one of the richest people in the world. He is the CEO of different companies like Tesla, SpaceX, and Twitter. Elon Musk owns three private jets. The billionaire owns Gulfstream G700 and Gulfstream G650ER which he bought at a cost of $78 and $70 million respectively. He also owns other private jet Gulfstream G550 with a capacity of 17 passengers that cost him $14 million.
Elon Musk flew over 150,000 miles on the jet in 2018 alone. Elon Musk previously owned a 12-capacity Dassault Falcon 900B that he bought in 2004 and sold it in 2006.
4. Richard Branson
Richard Branson is a British billionaire and the founder of Virgin Group. He is one of the billionaires who own a private jet. He owns a Dassault Falcon 50 EX that cost him $6.05 million. He uses it to travel to his private Island within the British Virgin Islands.
Richard Branson uses private jets to travel to destinations where his commercial plane, Virgin Atlantic cannot land. The jet has a capacity of between 8 to 10 passengers. The plane has a top speed of 915km/hr.
5. Sergey Brin and Larry Page
Google co-founders Sergey Brin and Larry Page also own private jets. The two billionaires own a Gulfstream G650ER which they use for their business travels. The two co-owned Boeing 767-200 commercial airliner. However, in 2019, they purchased Gulfstream G65OER for $70 million.
Besides these private jets, Google owns a private airport and a fleet of planes which include two Gulfstream Vs, a Boeing 757, and a Dassault.
6. Mark Cuban
Mark Cuban is an American businessman and owner of the Dallas Mavericks. The billionaire owns a Gulfstream 650 luxury jet. Mark Cuban purchased the private jet for $36 million. Besides this private jet, Mark Cuban has two other private planes that include Gulfstream G650, Gulfstream G550, and Boeing 767-200.
This private jet has a special room for meetings and a medical treatment room. The private jet has a maximum speed of up to 950km/hr. He bought his first plane in 1999 just after making his first billion.
7. Donald Trump
Donald Trump, former US president is also among the billionaires with private jets. The former US president owns the Boeing 757. The plane is 31 years old but in 2019, it was refurbished and had one of its engines removed for maintenance. The plane cost over 10 million for customization.
Donald Trump’s private plane has a bedroom, and bathroom, and its windows are lined with 24-karat gold. The jet has a capacity of 43 passengers and a maximum speed of 1044 km/hr.
8. Mukesh Ambani
Mukesh Ambani is an Indian billionaire businessman. He is the chairman and managing director of Reliance Industries Limited. The billionaire owns a Boeing business jet 2. He purchased the private jet for $73 million. He also owns other private jets like Falcon 900EX and an Airbus 319.
The Boeing business jet has a passenger capacity of 50 and has the ability to fly 7,000 nautical miles. It is powered by two General Electric/Snecma FM56-7 engines.
Also read: What cars do billionaires drive?
9. Joseph Lau
Joseph Lau is a Hong Kong billionaire and is the former chairman of property-developed Chinese Estates. The billionaire owns Boeing 747-8 VIP worth more than 367 million. He also owns expensive cars and mansions.
The plane has been customized to have several guest rooms, a bar, a gym, and an office. The plane has a maximum speed of 1195 km/hr with a maximum range of 17,020km.
10. Roman Abramovich
Roman Abramovich is the owner of Chelsea Football Club. The billionaire owns two private jets that include Boeing 787-8 Dreamliner and Boeing 767 which are worth over 170 million. Roman Abramovich uses his private jets to transport his team.
The 50-passenger capacity Boeing 767 has a restroom area, kitchen, and working areas. The walls of the restroom area are lined with gold.
Who Owns the Biggest Private Jet in the World?
Joseph Lau owns the largest private jet; Boeing 747-8 VIP in the world. The private jet is currently priced at $367 million. It was originally priced at $153 million but the price increased after Lau made some modifications to it to have guest rooms, a bar, a gym, and an office.
Who Owns the Most Expensive Private Jet in the World?
The United States Airforce owns the most expensive private jet in the world; the Airforce One that costs approximately $660 million. The Airforce One consists of 4,000 square feet of floor and has an extensive suite for the President with an office, conference room and a lavatory.
Also read: Where do rich people live in London?
How Many Private Jets Does Elon Musk Have?
Elon Musk currently owns three private jets. They include Gulfstream G700, Gulfstream G650ER, and Gulfstream G550. He previously owned Dassault Falcon 900B which he purchased when he became a billionaire, but sold it in 2016. All his private jets are registered to Falcon Landing LLC, that has ties to Space X,
Summary of List of Private Jet Owners in the World
The above are just a few of the billionaires private jets. Rich people like to travel in luxury and comfort and that is why they prefer private jets. It is convenient for them and it saves them the time and stress of booking commercial flights. When they are not traveling in these jets, they rent them out and so they are still a source of income for them.