$300 million for A380 Flying Palace

With 10,000 private jets flying in the U.S., a few billionaires are signing up for something roomier – jumbo jets that can be outfitted as mobile mansions. WSJ’s Wealth Report highlights on one such client, a Middle Eastern head of state, who shelled out $300 million on the notorious Airbus 380, an aircraft which is running way behind in its …

First Supersonic Private Jet

This is the Aerion Supersonic Business Jet, the first private plane that will fly at 1.6 Mach. The first unit has just been purchased by Sheikh Rashid, the ruler of Dubai. This bird will be able to fly anyone from Paris to New York in just over 4 hours, so even while it has a $80,000,000 price tag, there will …