How Flying on Private Jets Became the No. 1 Marker of Real Wealth
The Wall Street Journalยท2025-08-08 19:01
The ultimate luxury splurge for many wealthy Americans isn't a Rolex or Birkin bag or even a waterfront Hampton's home. It's flying private. Flying private has soared in recent years since the pandemic.And there's a few big things driving this. One, rising stock and crypto prices have minted millionaires and billionaires. The US added more than a thousand millionaires on average every single day in 2024. and the exclusive group of individuals worth more than $30 million surge to a record in 2024.Two, the ri ...