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points by praxulus 1 day ago | 0 comments

Less than 1% of the top 0.1% own a private jet. There are roughly 25,000 private jets in the world, but over 8 million people in the global top 0.1%.

You "only" need ~$7 million to crack the global 0.1%. By income it's around $600k/year. That's nowhere close to private jet money.

[–] DocTomoe 1 day ago

Virtually no-one owns a private jet because it just doesn't make sense to do so unless you basically live in one. A lot more people timeshare/charter one. Which I am perfectly fine with. People need to go places, and public air travel has been made consistently unpleasant, regardless of the flight class.

[–] praxulus 1 day ago

Regularly flying private is still out of reach for most people in the global 0.1%. It's more of a 0.01% thing.