The billionaire Issa brothers are facing a looming deadline to repay a $41m (£30m) loan that they took out to fund their ...

Aviation has always been a draw for UHNWs who made coin in other industries. Vital Farms Founder Matt O'Hayer joins the club ...

Explore the most expensive private jets owned by celebrities, including Kylie Jenner's Bombardier Global 7500, Kim Kardashian ...

A Redditor sparked outrage online by posting a video of several Formula One race car drivers arriving at an event by private ...

Billionaire investor Scott L. Schleifer wasn’t entitled to deduct $5.9 million in air travel expenses as a business loss, nor ...

Oxfam’s report reveals a shocking comparison: On average, fifty of the world’s richest billionaires emit more carbon through their investments, private jets, and yachts in just 90 minutes than ...

Eclipse superyacht, owned by Russian billionaire Roman Abramovich. Image: Reuters The choice between a private jet and a superyacht often narrows down to lifestyle and utility. A private jet appeals ...

The private jet lobby and its billionaire clients are used to getting their way, especially with public airport authorities that have been effectively captured by the aviation industry and view ...

Billionaire Mike Cannon-Brookes said he has a "deep internal conflict" over buying a private jet. The Atlassian founder cited personal security and more time to see his family while running a company.

David Fickling is a Bloomberg Opinion columnist covering climate change and energy. Previously, he worked for Bloomberg News, the Wall Street Journal and the Financial Times. It’s not easy being ...

And so on. By the way, billionaires do one other thing that shows they are a very special class: They fly around a lot in private jets. Just like Sanders.

Still, the billionaire’s reputation for penny-pinching ... Musk is well-known for frequent use of private jets for commutes as short as five minutes. In 2022, he took a flight almost every ...