Warren Buffett is famous for egalitarian living despite his enormous wealth. Same modest house, 15 year old car, etc. About his private jet use, Buffett said:
“I purchased a small, used aircraft in 1986 that I named Indefensible because I felt guilty about flying privately. I quickly realized the value of having a private jet as a business tool for utility and convenience, and a few years later Berkshire purchased a larger jet that I named Indispensable. I joined the NetJets family shortly thereafter, purchased the company in 1998, and continue to see it as a remarkable company with a fascinating history and an even better future.”
After acquiring Netjets, Berkshire sold that Challenger 600 (my father-in-law brokered that sale). Ever since his Netjets purchase, Buffett hasn’t owned a jet — he’s a member. Netjets has the world’s largest business jet fleet, so indirectly Buffett owns pieces of hundreds of jets.
Challenger 600
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