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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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Ray Dalio says the U.S. just had its 'Suez moment'—and history says what comes next could end an empire

1

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

2

Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic

3

Ray Dalio says the U.S. just had its 'Suez moment'—and history says what comes next could end an empire
Private Jets

The Uber Rich Will Have to Wait Awhile for Their Private Jets

By
Ben Geier
Ben Geier
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By
Ben Geier
Ben Geier
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February 16, 2016, 2:41 PM ET
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Phtoograph by Mark Ralston — AFP/Getty Images
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If you plop down $65 million for a Gulfstream personal jet today, you probably won’t get your brand-new flying apartment for about two years.

The demand for new private jets is so high that it’s taking the aerospace company a full two years to fulfill orders, reports Bloomberg. This wait is for the G650 and G650ER jets, models that are near the top of the market.

If it’s luxury you’re after, though, that wait will likely be worth it. The models include plush leather seats, storage for flatware and crystal, and the ability to control every detail of the cabin, from temperature to lighting, right from your smartphone.

Scott Neal, Gulfstream’s senior vice-president for sales and marketing, said that more and more companies are realizing that having a private jet boosts their ability to do worldwide business.

 

“We have seen a real shift to people understanding that business aircraft are truly for business,” Neal said. “Large companies and private individuals can’t do what they do without the benefit of a corporate aircraft.”

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