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Private Jetting to a Superyacht Charter

How do elite holidaymakers get to their luxury superyacht charter by private jet of course....

Why fly commercial if you can fly private to your luxury yacht charter vacation? Travelling by first-class on commercial flights may be comfortable, but there is no comparison when it comes to flying private, especially when you can fly right to the closest airport without connections! Why wait until you arrive aboard your charter yacht when you can indulge in unlimited luxury and convienience right from the moment you leave your front door?  CharterWorld has partnered with a leading private jet company to give you seemless travel under one roof. Whether you own a private luxury yacht or you are planning to charter one for a vacation in the future, CharterWorld can book both private jets and/or yachts in one cost effective package.

In today's ever changing world of travel, with CharterWorld you can expect to benefit from a global network of the very best private aircraft and stunning superyachts. The great thing about combining a superyacht with a private jet is that you can choose the jet that best suits you and match it up with the yacht of your choice. Hot spot superyacht charter destinations in Europe, Asia, North America, the South Pacific, South America, Africa and the Middle East can be reached in no time at all, and most importantly: you decide on the departure time! Hiring a superyacht and using a private jet is what elite travel is all about. CharterWorld now works with leading private jet companies to provide the height of luxury in the air and at sea in one easy package. Clients can expect the highest quality aircraft and superyachts whether preparing for their next offshore fishing trip, corporate yacht event or an exciting sea adventure. One thing is for sure, travelling by a private jet will ensure you arrive in style and comfort, much closer to your vessel (or even landing aboard if you add a helicopter ride) than if you were flying with a commercial airline.

You may be hiring a superyacht for a corporate event in Cannes or Monaco or you might be anchored in a beautiful place like the Marina Grande in Capri in the Med, Puerto Jose Banus in Marbella or the Yacht Haven Grande on the island of St Thomas, US Virgin Islands in the Caribbean; or you may decide to take your family and friends for an unforgettable journey of discovery, excitement and relaxation. The sheer extravagance of reaching your superyacht by private jet is all part of this exorbitant luxury experience.

Private jetting to your superyacht charter will provide you with flexible travel anywhere in the world. Private jets and superyachts are now synonymous with a VIP service as well as offering reliability, comfort and style. Jets can also shadow your yacht charter around the Mediterranean, Atlantic, Indian Ocean or Caribbean to fly friends and family onboard. Maybe you are using a superyacht to launch a new product, celebrate a birthday, anniversary or even a wedding. If so, combine the best of both worlds by making enquiries about using a private jet to take you to your superyacht charter.

Professional pilots provide air charters to superyachts for corporate guests, holidaymakers and individuals who want to get from A to B as quickly as possible. On demand jet aircraft can take you to your superyacht charter at short notice within hours of making a request, so no time is wasted for you to enjoy your time onboard the yacht. Your superyacht private crew will welcome you once you've landed and go out of their way to make your vacation or event extra special. Why not let other superyacht enthusiasts know about the benefits of using a luxury private jet to reach the chartered yacht they have hired?

Maybe you're spending a few days docked on the coastline of Croatia or sailing around the Red Sea. Private jetting can be arranged to travel to exotic locations around the globe so you can spend as much time as possible on a state-of-the-art superyacht. Leading luxury yacht charter and private jet aviation companies have now agreed on new partnerships in the world of travel. This unique combination offers unparalleled yachting and air travel services for all.

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Boat of the Week: This Six-Decked Superyacht Has a DJ Station, Two Cinemas, and a Jazz Bar

The 367-foot "renaissance" features pretty much every amenity you can think of., julia zaltzman, julia zaltzman's most recent stories.

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It’s a tough balancing act that Renaissance pulls off for both owner and 36 guests. The 19 guest cabins are accessed via personal wristbands that contain a “call button” and are named after global cities—Beijing, Madrid, Monaco, New York—some of which will be visited during the yacht’s charter Mediterranean itinerary this summer with Burgess . Few places in the world are off-limits thanks to an ice-class hull.

The owner’s deck includes a 646-square-foot suite with twin walk-in wardrobes and bathrooms, both with side deck access. There is also a media room and lounge with a bar and private dining. The suite pairs semi-precious stone panels with marble, mosaic, and bronze fittings, linked with woven metal screens by French artist Sophie Mallebranche. A private terrace forward includes a jacuzzi, sun loungers, and seating. A private aft deck dining area seats up to 12 guests.

The dedicated spa deck comprises a fully equipped fitness center, including a ballet bar and yoga mirrors. Its therapy and wellness area includes two treatment rooms, a hair salon, and beauty room. Swedish-inspired hot and cold plunge pools are twinned with a steam room, sauna, and a side deck. Among the multi-skilled crew of 45 are spa therapists, a yoga instructor, personal trainer, hair stylist and world-class chef. Even the engineer doubles as a magician.

Forward of the spa deck is a commercially certified helipad capable of landing an EC145 helicopter. The yacht’s four custom Cockwells tenders are another source of pride for the owner, in particular an enclosed limousine tender with an interior inspired by private jet design and headroom that allows guests of more than 6-foot to stand up inside.

High ceilings are a theme, notably the double-height 18-foot ceilings in the main deck dining room and starboard side salon. These are matched with double-height windows with white marble-clad glazing mullions and carved bronze-finished wall and door panels. “A further salon floats centrally above these two areas with a dramatic screened walkway separating the double-height areas below,” explains Rowell. Anchoring the four corners of the main salon are back-illuminated stained glass panels by British artist Grace Ayson.

A more intimate circular dining area on the upper deck can be fully closed off in the style of a winter garden using sliding glass doors. Further al fresco dining areas are spread across five decks.

When the evenings draw in, entertainment moves to the bridge deck DJ station or the outdoor cinema screen for starry-skied movie nights. A second 19-seater indoor cinema on the lower deck is fitted with snug reclining seats. The jazz bar on the main deck, with its clubby cocktail theme and illuminated rock crystal spirits display, suggests more low-key socializing.

Click here to see all the photos of Renaissance.

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Explore the Top 8 Luxurious Private Jets and Stunning Yachts Owned by These Famous Celebrities

Here Are the Top 8 Jaw Dropping Celebrity Private Jets & Yachts

From private jets to mega yachts, the rich and famous certainly know how to travel in style. When money is no object, the sky's the limit for luxury transportation to jet-set around the world. Take a first-class trip through the clouds as we explore the jaw-dropping private jets and yachts of celebrities. These lavish vehicles offer the utmost comfort and amenities for cruising through the skies and seas. From Paul Allen's $200 million superyacht Octopus to Cara Delevingne's $12,000 private jet charters, step into the lifestyles of the rich and fabulous as they cruise the globe in ultimate opulence. Fasten your seatbelt and set your sails, this will be an exhilarating ride!

1. Paul Allen – Octopus, Estimated $200 million

Paul Allen's $200 million superyacht Octopus is a true marvel of nautical engineering. At 414 feet long, it ranks among the largest personal yachts on the planet. Originally built for exploration and scientific research, the Octopus was acquired by the Microsoft co-founder to fulfill his passion for discovery on the high seas. A crew of 60, including former Navy Seals, operates the grand vessel. For maritime adventures, the Octopus features two helicopters, seven additional boats, a ten-person submarine capable of two weeks of underwater excursions, and a remote-controlled vehicle that crawls along the ocean floor, as per Business Insider .

2. Roman Abramovich – Boeing 767, Estimated $83.6 Million

Roman Abramovich is a Russian billionaire investor and owner of the private investment company Millhouse LLC. The businessman and politician recently purchased a Boeing 767 private jet for $83.6 million. A drop in the bucket compared to his estimated $9.1 billion net worth. As Russia's 12th richest man, Abramovich also owns the UK's Chelsea Football Club, a $930 million super yacht collection, and $16 million in luxury cars. His latest extravagant purchase is a $264 million Boeing 787-8 Dreamliner. It is believed to be the world's most expensive private jet. The 50-seat aircraft is Abramovich's second private jet, after a $128 million Boeing 767-33AER. The 187-foot-long plane was flown to Switzerland for outfitting before delivery in Moscow, as per The Daily Mail .

3. Elle Macpherson – Mad Summer, Estimated $32 Million

The stunning Elle Macpherson, nicknamed "The Body" for her flawless figure, has enjoyed a multifaceted career. She is executive producer of NBC's Fashion Star. At 54, Macpherson looks as radiant as ever. She embraces an active lifestyle on her $32 million luxury yacht 'Mad Summer'. This sleek vessel, which can accommodate 10 guests and 14 crew members. It is just one of Macpherson's many toys purchased through the success of her numerous business projects. With money coming in from all directions, she can certainly afford the finer things in life, as per Celebs On Yatchs .

4. Kurt Russell – Socata TBM700, Estimated $3.6 Million

After decades in Hollywood 's spotlight, Kurt Russell is flying high - literally! The veteran actor, worth $70 million, recently treated himself to a luxurious Socata TMB700 private jet. With Russell's lifelong passion for aviation (he's an FAA-licensed private pilot with multiple certificates), the jet purchase just makes sense. Now the certified pilot can enjoy smooth sailing through the skies in his sleek new set of wings. At 72 years old, Russell is still living the dream - and now flying it too! His shiny new toy proves the longtime leading man remains at the top of his game, as per Do You Remember .

5. Chris Hemsworth – Cessna Citation Excel, Estimated $12 Million

Australian actor Chris Hemsworth frequently travels between Los Angeles and Australia in his private Cessna Citation jet. He purchased it for $12 million. The Cessna Citation is a popular brand of business jet made by the American company Cessna. With the super long flight between the U.S. and Australia, Hemsworth needs to have a comfortable private plane to travel in style and relax during the journey. The multi-million dollar price tag is a worthwhile investment for ease of travel given his transpacific travel needs.

6. Hilary Duff – Hawker 800XPR, Estimated $16 Million

From child star to jet-setting mom, Hilary Duff's flight to fame has been nothing short of first-class. Now in control of a lavish lifestyle, the actress gives her 21 million Instagram followers an inside look at her journeys on her luxurious Hawker 800 XPR private jet. With a net worth estimated at $25 million, Duff enjoys smooth sailing above the clouds. Her feed captures blissful moments - glamorous getaways in Cabo, family time with her kids and sister Haylie, and candid snippets of life between takes. Though her days playing Disney's girl-next-door are behind her, Duff retains her signature warmth and accessibility even at cruising altitude.

7. Ralph Lauren – Gulfstream 650, Estimated $65 Million

Billionaire fashion icon Ralph Lauren soars in luxury. The American designer, worth over $7 billion, owns 300+ stores globally. His achievements speak volumes - Lauren remains the sole fashion figure awarded all four top Council of Fashion Designers of America honors, including their Lifetime Achievement Award. At $65 million, Lauren's Gulfstream private jet provides first-class travel befitting his visionary status. For a trailblazer of timeless style, this jet facilitates Lauren's continued influence worldwide, as per Business Insider .

8. Cara Delevingne – Cessna Citation CJ2, Estimated $12K Per Flight

Discovered as a child model in Vogue Italia at just 10 years old, Cara Delevingne's career has skyrocketed to superstardom . Groomed for success by model agent Sarah Doukas, who also discovered Kate Moss, Delevingne quickly rose through the ranks of high fashion. With her soaring career, Delevingne has amassed an impressive net worth into the millions. For the globetrotting supermodel, chartering a luxurious $12,000 Cessna Citation CJ2 private jet is merely petty cash. Having jet-setted around the world for exotic photo shoots, Delevingne is no stranger to luxurious travel.

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Private planes, mansions and superyachts: What gives billionaires like Musk and Abramovich such a massive carbon footprint

Distinguished Professor and Provost's Professor of Anthropology; Director of the Open Anthropology Institute, Indiana University

Ph.D. Candidate in Anthropology, Indiana University

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Tesla’s Elon Musk and Amazon’s Jeff Bezos have been vying for the world’s richest person ranking all year after the former’s wealth soared a staggering US$160 billion in 2020, putting him briefly in the top spot .

Musk isn’t alone in seeing a significant increase in wealth during a year of pandemic, recession and death. Altogether, the world’s billionaires saw their wealth surge over $1.9 trillion in 2020, according to Forbes.

Those are astronomical numbers, and it’s hard to get one’s head around them without some context. As anthropologists who study energy and consumer culture, we wanted to examine how all that wealth translated into consumption and the resulting carbon footprint.

Walking in a billionaire’s shoes

We found that billionaires have carbon footprints that can be thousands of times higher than those of average Americans.

The wealthy own yachts, planes and multiple mansions, all of which contribute greenhouse gases to the atmosphere. For example, a superyacht with a permanent crew, helicopter pad, submarines and pools emits about 7,020 tons of CO2 a year, according to our calculations, making it by the far worst asset to own from an environmental standpoint. Transportation and real estate make up the lion’s share of most people’s carbon footprint, so we focused on calculating those categories for each billionaire.

To pick a sample of billionaires, we started with the 2020 Forbes List of 2,095 billionaires. A random or representatives sample of billionaire carbon footprints is impossible because most wealthy people shy away from publicity , so we had to focus on those whose consumption is public knowledge. This excluded most of the superrich in Asia and the Middle East .

We combed 82 databases of public records to document billionaires’ houses, vehicles, aircraft and yachts. After an exhaustive search, we started with 20 well-known billionaires whose possessions we were able to ascertain, while trying to include some diversity in gender and geography. We have submitted our paper for peer review but plan to continue adding to our list.

We then used a wide range of sources, such as the U.S. Energy Information Administration and Carbon Footprint , to estimate the annual CO2 emissions of each house, aircraft, vehicle and yacht. In some cases we had to estimate the size of houses from satellite images or photos and the use of private aircraft and yachts by searching the popular press and drawing on other studies . Our results are based on analyzing typical use of each asset given its size and everything else we could learn.

We did not try to calculate each asset’s “ embodied carbon ” emissions – that is, how much CO2 is burned throughout the supply chain in making the product – or the emissions produced by their family, household employees or entourage. We also didn’t include the emissions of companies of which they own part or all, because that would have added another significant degree of complexity. For example, we didn’t calculate the emissions of Tesla or Amazon when calculating Musk’s or Bezos’ footprints.

In other words, these are all likely conservative estimates of how much they emit.

Your carbon footprint

To get a sense of perspective, let’s start with the carbon footprint of the average person.

Residents of the U.S., including billionaires, emitted about 15 tons of CO2 per person in 2018. The global average footprint is smaller, at just about 5 tons per person.

In contrast, the 20 people in our sample contributed an average of about 8,190 tons of CO2 in 2018. But some produced far more greenhouse gases than others.

The jet-setting billionaire

Roman Abramovich, who made most of his $19 billion fortune trading oil and gas, was the biggest polluter on our list. Outside of Russia, he is probably best known as the headline-grabbing owner of London’s Chelsea Football Club.

Abramovich cruises the Mediterranean in his superyacht, named the Eclipse , which at 162.5 meters bow to stern is the second-biggest in the world, rivaling some cruise ships. And he hops the globe on a custom-designed Boeing 767 , which boasts a 30-seat dining room. He takes shorter trips in his Gulfstream G650 jet, one of his two helicopters or the submarine on his yacht.

He maintains homes in many countries, including a mansion in London’s Kensington Park Gardens, a chateau in Cap D’Antibes in France and a 28-hectare estate in St. Barts that once belonged to David Rockefeller . In 2018, he left the U.K. and settled in Israel , where he became a dual citizen and bought a home in 2020 for $64.5 million.

We estimate that he was responsible for at least 33,859 metric tons of CO2 emissions in 2018 – more than two-thirds from his yacht, which is always ready to use at a moment’s notice year-round.

Massive mansions and private jets

Bill Gates, currently the world’s fourth-richest person with $124 billion, is a “modest” polluter – by billionaire standards – and is typical of those who may not own a giant yacht but make up for it with private jets.

Co-founder of Microsoft, he retired in 2020 to manage the Bill and Melinda Gates Foundation, the world’s largest charity, with an endowment of $50 billion.

In the 1990s, Gates built Xanadu – named after the vast fictional estate in Orson Welles’ “Citizen Kane” – at a cost of $127 million in Medina, Washington. The giant home covers 6,131 square meters, with a 23-car garage, a 20-person cinema and 24 bathrooms. He also owns at least five other dwellings in Southern California, the San Juan Islands in Washington state, North Salem, New York, and New York City, as well as a horse farm , four private jets, a seaplane and “a collection” of helicopters .

We estimated his annual footprint at 7,493 metric tons of carbon, mostly from a lot of flying.

The environmentally minded tech CEO

South African-born Elon Musk, CEO of Tesla Motors and SpaceX, has a surprisingly low carbon footprint despite being the world’s second-richest person, with $177 billion – and he seems intent on setting an example for other billionaires .

He doesn’t own a superyacht and says he doesn’t even take vacations .

We calculated a relatively modest carbon footprint for him in 2018, thanks to his eight houses and one private jet. This year, his carbon footprint would be even lower because in 2020 he sold all of his houses and promised to divest the rest of his worldly possessions .

While his personal carbon footprint is still hundreds of times higher than that of an average person, he demonstrates that the superrich still have choices to make and can indeed lower their environmental impact if they so choose.

His estimated footprint from the assets we looked at was 2,084 tons in 2018.

The value of naming and shaming

The aim of our ongoing research is to get people to think about the environmental burden of wealth.

While plenty of research has shown that rich countries and wealthy people produce far more than their share of greenhouse gas emissions, these studies can feel abstract and academic, making it harder to change this behavior.

[ Like what you’ve read? Want more? Sign up for The Conversation’s daily newsletter .]

We believe “shaming” – for lack of a better word – superrich people for their energy-intensive spending habits can have an important impact, revealing them as models of overconsumption that people shouldn’t emulate.

Newspapers, cities and local residents made an impact during the California droughts of 2014 and 2015 by “drought shaming” celebrities and others who were wasting water, seen in their continually green lawns . And the Swedes came up with a new term – “ flygskam ” or flying shame – to raise awareness about the climate impact of air travel.

Climate experts say that to have any hope of limiting global warming to 1.5 degrees Celsius above preindustrial levels, countries must cut their emissions in half by 2030 and eliminate them by 2050.

Asking average Americans to adopt less carbon-intensive lifestyles to achieve this goal can be galling and ineffective when it would take about 550 of their lifetimes to equal the carbon footprint of the average billionaire on our list.

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• Carbon footprint
• Paris Agreement
• Billionaires
• Roman Abramovich

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Private Jet and Yacht? Here’s How to Create Ultimate Luxury Travel Experiences

Land, sky, or sea – who says you need to choose just one? Living a life of luxury is all about experiences, and there’s no better way to vacation than by combining as many unique luxury travel experiences as possible. That’s why more discerning travelers are choosing to include private jets and yachts in their travel plans. Get the best of both worlds and refuse to compromise on life’s indulgences.

Why Combine Private Jet and Yacht Travel?

On the surface, private jets and yachts serve as means of transportation. But anyone who has seen twinkling city lights from the window of a luxury private aircraft or felt the wind from the seas as they stand aboard a yacht know these vessels are so much more. 

They’re a symbol of status, a retreat for wellness, and a call for adventure. They promote freedom and quench the human need to explore beyond your own backyard. What’s more, they allow you sit back and relax as you travel through areas that are only accessed by a select few while enjoying all the comforts of home. 

So when you’re deciding between traveling by air or by sea, we say, choose both! Combining a private jet and yacht gives you a chance to see more of the world in different ways and enjoy all of the luxury travel experiences. Both a private jet and a private yacht charter are yours for the taking. They work on your timeline, not a preset schedule, and leave the rest of the world behind whenever you’re ready. You can step out of your car and into the next phase of your travels, allowing you to enjoy more time for adventure while skipping the hassles of waiting.

How to Benefit from Private Jet and Yacht Travel

Whether you’re taking a private jet to reach your awaiting yacht or need a private jet to take you from your yacht to your next destination, Access Jet Group helps you travel better with minimal connections and disruptions. Here’s how to make the best of both worlds:

Optimize Your Time

Flying commercial exposes, you to a number of potential delays or inefficiencies. For example, access to some remote destinations in the Caribbean or Pacific may be restricted when using commercial airlines. Other locations might have infrequent connecting flights, making it difficult to fly into and out of your destination on the days and times you prefer. 

Private jets are an inherently better option in these cases because they allow you access to more locations that can’t accommodate large jets. Your private charter leaves on your schedule and helps you avoid delays related to layovers or disruptions in operations. You can better coordinate between your private jet charter and yacht charter to maximize your time with each one.

Simplify Your Planning

Booking a private jet charter removes many of the steps associated with arranging your vacation transport. For instance, Access Jet Group can arrange a private flight to your destination city as well as helicopter or sea plane transport directly to your yacht. It saves you a few extra phone calls and steps and simplifies how you get from the aircraft to your end destination. What’s more, it also eliminates the need to print and manage boarding passes, arrange ground transportation, and maneuver your luggage in between touchpoints.

Travel Closer to Your End Destination

Smaller airports are less crowded and more exclusive than larger airports. You can easily get in or out in record time without wasting time in congested terminals. What’s more, you’ll have more airports available to you, allowing you to get closer to your end destination.

Avoid Common Travel Delays

From long security lines to crowds to parking headaches and more, private jet travel eliminates many of the delays that waste your time. Avoid stress so you can spend more time enjoying your travels and arrive refreshed and ready for what’s next.

Ease the Traveling Experience on Your Entire Party

When traveling via private jet or private yacht, everyone in your travel party can expect easy luxury travel experiences. This goes for pets too, as your pet can avoid the overwhelm of busy terminals and crowds. You have the entire aircraft or watercraft to yourself and won’t have to worry about disturbing anyone or being near other people or pets.

Best Destinations for Yacht and Private Jet Vacations

Yacht charters and private jets pack a one-two punch in terms of speed and distance. For instance, take the Bombardier Global 5000, which boasts an impressive range of 5,000 nautical miles and can connect multiple major city pairs all over the world in just one trip. Upon landing, you can hop aboard a helicopter that will take you to your AHPO Superyacht waiting to tour you through the sparkling waters of Monaco . 

The Croatian Islands are also a great destination for yacht charters. From the stunningly beautiful coastline to the unique culture and history, taking a charter around these islands gives you some of the best views in Europe. With more than 1,000 islands spread throughout Croatia’s Adriatic Sea coast, you’ll glimpse small fishing villages with cobbled streets, crystal-clear waters, hidden coves, and lively cities filled with ancient architecture and bustling nightlife.

Sardinia and Corisca are also favorites among luxury yachters. The breathtaking Emerald Coast provides a myriad of spots to swim, and many of its coves are only accessible by boat. 

No matter where you choose to travel, there’s a private jet and yacht combination that can accommodate your entire travel party. Couples, families, teams, or friend groups can all travel together in style and comfort. And every trip is made safe and seamless by experienced crew members that handle logistics and operations to your satisfaction.

Explore the World via Private Jet and Yacht

Whether you choose to travel by air, land, or sea, combining a private jet and private yacht charter is a luxury very few people get to experience. It adds an extra layer of convenience, comfort, and privacy to your trip, and you can take peace of mind knowing every detail has been tailored just for you through your luxury travel experiences.

The Monaco Yacht Show is the perfect time to experience this illustrious combination for yourself, but there’s never a bad time to take time off and focus on your adventures. We invite you to contact our concierge to learn how we can help you plan the ultimate luxury vacation and harness the benefits of bespoke private travel.

Author:  Adam K. Hasiak

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Superyacht & Private Jet Chef Reveals What It’s Like Serving The 1%

It's not like 'Below Deck'.

Image: DMARGE

Slaving over a hot stove in a tiny, turbulent cabin, far from home, just to make outrageous dishes for demanding, ultra-wealthy guests? Sounds like a nightmare to us – but for this brave chef, it’s a dream come true.

Grace Dvornik, a 31-year-old Florida native who went from being a lowly deckhand to one of the most in-demand superyacht chefs (and now, private jet chefs), explains that while her job is certainly very demanding, it’s a dream come true – yet at the same time, it’s nothing like what happens on the reality TV series Below Deck .

In an interview with CNN Travel , Dvornik says that the show has definitely seen an influx of people interested in working on yachts, the reality of life on a white boat isn’t quite as dramatic.

“It may be a little bit exaggerated… But yes, yacht crew definitely love a nice party and love going out, blowing off steam,” she admits.

“Because a lot of your basic needs are taken care of when travelling – your travel expenses, or your meals while you’re working, things like that – there is extra money to go out and spend on a nice dinner or to go out and have a fun night on the town.”

WATCH a look inside Flying Fox , the world’s biggest and most expensive charter yacht, below.

Last year, dmarge spoke with Greg Newby, the director of Superyacht Crew Academy, who revealed to us that while there are definitely miscreants out there (like the cast and crew of Below Deck ), the superyacht industry is “not so much the Wild West anymore.

“There used to be fewer rules; more partying. I don’t know how I survived some of it. Now there’s definitely a lot more control over it because you’re talking about partying on these yachts that are travelling in the sea – obviously, there’s a lot of danger to go along with that,” he pointed out.

“Superyachting is a lot more heavily regulated. The rules in place are all there for safety reasons. If you can’t follow those rules then you don’t really last too long. Having said that, it’s still a ‘work hard, play hard’ environment.” Greg Newby

RELATED : ‘The Chief Stew Jumped Into Bed With A Rapper’: Superyacht Worker Spills Their Wildest Tales

For Grace’s part, she’s been “contacted by casting and producers many times” to appear on Below Deck, but she says “I’ve always respectfully declined. It’s not my style.”

The reality of being a superyacht chef

Dvornik explains that the most difficult part of running a superyacht or private jet kitchen is managing the larder. It’s already a logistical challenge to make sure you’ve got enough food for the right journey. but accommodating for last-minute requests or odd requirements – or as she puts it, “little quirks”, is extra difficult.

“I’ve been told before that people are very strict – no desserts, no dairy, no gluten, and then they get on board and because they’re on vacation, they want dessert with every meal or they’re fine with dairy and gluten, so you have to be able to adapt that way,” she explains.

“Even if someone says ‘no desserts,’ I always keep at least ice cream or some type of chocolate on board, because there’s always a craving.” Grace Dvornik

RELATED : The Worst Kinds Of Superyacht Guests, According To Crew

She also shared some of her strangest requests: no green beans on Thursday, no pineapple in the morning, and grilled meat but with no grill marks. Yikes.

“If someone makes a request, in this type of field, ‘yes’ is the only option – because you want to go above and beyond for the client. And most of the time they’re willing to pay what they need to pay to have those items,” she says.

“So it’s, ‘Okay, yes, we can do that. And how can we make it special? Or how can we make it more memorable from the last time.’” Grace Dvornik

Dvornik also adds that being a chef on a private jet has its own set of challenges. Unlike a superyacht, which will generally have a fairly large crew, on a jet, she’s usually the only employee on board other than the pilots – meaning she’s not just a chef, but also the chief flight attendant.

There’s also a lot less space on a jet, and you’re generally not cooking things from scratch: you’re normally working with restaurants on the ground and adapting their dishes so that they survive the flight – for instance, if a client wants a steak medium rare, Dvornik might instruct the restaurant to cook it rare so that when she reheats it up in the air, it’s not overcooked.

Honestly, we’d be fine with a kettle and some two-minute noodles.

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By SuperyachtNews 19 Jan 2022

Pre-owned private jet transactions

What can we learn from an analogous industry.

It has been argued often and at length that little can be gleaned from comparing superyacht data and trends to other analogous asset classes given that superyachts are almost entirely leisure-based whereas other asset classes are far more rational. While the sentiment is largely accurate, this argument feels a little reductive in its making. Herein we consider data from the recently published  5-year pre-owned business aviation market forecast 2021-2025  by Jetcraft.

“In the early days of the pandemic, few could have foreseen how quickly new users would realise the benefits of business aviation. This first-time audience, who had the means to fly privately but never previously had the inclination, helped drive the speed and the strength of industry recovery. The final quarter of 2020 confounded all transaction forecasts and 2021 has further demonstrated business aviation’s resilience and growing appeal,” starts the report.

If one were to replace “business aviation” within the above commentary for ‘superyachting’ then the analysis itself would be almost perfectly reminiscent of the superyacht market’s performance since the beginning of the pandemic. Indeed, when the severity of the pandemic became clear, few (no) commentators accurately predicted that 2021 would prove to be a record year for second-hand sales and the best year since before the Global Financial Crisis for new build contracts.

According to Jetcraft, the total number of UHNWIs that use private aviation in any way shape or form is 12 per cent, with only two per cent privately owning their jet. This statistic is similar to a number that is commonly used within the superyacht industry. UHNW wealth statistics show us that a maximum of two per cent of UHNWIs own superyachts, based on the size of the global fleet. However, it should be noted that the superyacht figure does not account for multiple owners or superyachts that are entirely inactive. Indeed, it is more likely that closer to one per cent of UHNWIs own superyachts. It should further be noted that the distinction between private ownership and commercial ownership is far clearer cut in the world of aviation than it is with superyachts.

Nevertheless, the Jetcraft report clearly highlights that the superyacht industry is not as unique as it may feel when it comes to its inability to capitalise on the rapidly growing numbers of UHNWIs globally.

“Slow recovery of commercial airline services, heightened health and safety concerns, and continuing expansion of products and services in business aviation have accelerated the pace of the journey to ownership,” continues the report.

Once again, the analysis of the second-hand private aviation market appears as if it is holding a mirror to the superyacht market. Concerns over commercial travel, hotels (even luxury ones) and improved systems for dealing with clients have helped speed up the transaction process as a result of the pandemic. It is also worth mentioning that although it is not mentioned in the Jetcraft report, it would seem likely that the private aviation market is also benefitting from the same phenomena that have led to superyacht owners getting younger as a result of the pandemic.

The above graph highlights the number of transactions that have taken place with the pre-owned private jet market since 2016, as well as forecasting the market’s likely performance up to 2025. It is fair to say, unfortunately, that the second-hand aviation market was already on a more impressive trajectory than the superyacht brokerage market. Click here to see some analysis of the superyacht brokerage market . Nevertheless, given the similarity in trends between the two market’s that have been expressed above, that private aviation is forecasted to grow certainly supports the findings of our own brokerage data and indeed the finding of The Superyacht New Build Report , which is scheduled for delivery in February 2022.

“Unlike during the 2004-2008 bubble, values are predicted to remain rational,” says the report. “Far from mere market exuberance, transaction value is stabilising as a result of low inventory and high demand.”

Speaking with SuperyachtNews earlier in the year, Jonathan Beckett, CEO of Burgess, commented: “…as it stands prices are sensible. There is no more COVID pricing, you can’t go out and find a cheap deal for excellent superyachts but, equally, I don’t think prices are overinflated by the demand at the moment. Prices seem fair, which is terrific.”

Lastly, Jetcraft predicts that as a result of OEM backlogs and high buyer demand, many first-time buyers will be looking to enter the second-hand market rather than buy new. Again, this statement accurately reflects the situation that the superyacht market finds itself in today.

Perhaps one of the most comforting findings is that the superyacht industry is not alone in its struggle to convert UHNWIs into buyers. Indeed, while comparisons between the two markets are imperfect, that private aviation appears to be riding the same crest of a wave as the superyacht industry supports the notion that the superyacht market’s growth will be sustainable in the short term.  

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As a hospital system crashes, Steward’s CEO rises above it all

Let’s begin by paying homage to the Bombardier Global 6000, among the most perfect forms of transportation ever created. How perfect? This private aircraft is nearly 100 feet long. It costs $62 million new. It has a range of 6,000 nautical miles, meaning it can fly nonstop from Aspen to London or New York to Moscow. It holds as many as 17 passengers in luscious club seats, never loses internet connectivity, and can be configured with a bedroom and full shower. It’s basically Air Force One without the president.

The Bombardier website, in fact, makes repeated references to an aircraft that befits “a head of state.” It’s the jet that whisked Taylor Swift from Tokyo back to the United States to watch her boyfriend win the Super Bowl.

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But perhaps the ultimate seal of approval for the Bombardier Global 6000 comes not from any global leader or the most popular musical performer alive, but from someone slightly less known but no less discerning. It is the private jet that Steward Health Care Chief Executive Officer Ralph de la Torre has chosen to fly around the world.

Yes, that’s right. De la Torre, the proud owner of a $40 million, 190-foot superyacht and the most sophisticated sportfish boat ever built (cost: more than $15 million), is cruising the skies in one of the biggest and most luxurious private jets that money can buy — in this case, Steward’s money.

And lest anyone think that I’m going to make the same mistake twice and miss a jet, I can definitively report that Ralph de la Torre likes things in pairs. Steward also operates a second private plane, a Dassault Falcon 2000LX that can easily soar nonstop from Boston to Europe with as many as a dozen passengers in ultra-luxury. Not to put too fine a point on it, but having a Falcon 2000LX as a spare jet is like having a Bentley as the beater you take to the town dump.

You, like me, might be wondering why a for-profit health care system with particularly fragile hospitals often located in low income communities might choose to spend tens of millions of dollars to own and operate two fabulously luxurious private jets, especially when the company is headquartered in a major airline hub like Dallas that has nonstop flights to virtually any destination that any normal person would want or need to go.

First, though, it’s worth noting that Steward didn’t seem particularly eager to have the public know about these jets. They were registered with the Federal Aviation Administration under the name of an aviation holding company called TVPX. That company, with offices in Concord, Mass., and North Salt Lake City, declares on its website that it creates trusts for airplane owners who “want to avoid unwanted public or media attention.” How did that one work out?

Fortunately, a kind person sent me the tail number to the Bombardier. That tail number opened all sorts of doors in the vast and fanatical private aviation community on the World Wide Web. One door showed that there was a second plane, another revealed a second ownership entity, yet another showed that a Steward executive and board member was affiliated with that other company, Management Health Services. Bottom line: Even Steward representatives didn’t push back on the notion that they fund both planes.

The thought did strike me that maybe de la Torre and his executive team were using these planes to embark on critical missions to deliver desperately needed supplies to his chain of woefully under-resourced hospitals. These jets are so sophisticated you can picture an airdrop of medicines and equipment at St. Elizabeth’s Medical Center before they whooshed away to another city and another hospital in need.

So I sought the flight records for these planes to confirm that this was the case. Steward didn’t seem to make this easy, either, but a very accommodating gentleman affiliated with a strikingly informative aviation site, FlightRadar24 , was there to help. Within a day or two, I had a file in my email with every takeoff and landing for each plane in the past two-plus years.

Hmmm. Does Steward have hospitals in Santorini, Corfu, Athens, Naples (Italy, not Florida, but Florida, too), Madrid, Rome, Croatia, and the French Riviera? Or did an eager mariner simply need a ride to his yacht? What about the Bahamas, St. Kitts, Cabo San Lucas, Providenciales, Montego Bay, St. Maarten, and Antigua? And then there were all these flights to Panama and Ecuador, where I recently reported that his superyacht, the Amaral, had been moored. Coincidence?

There is no evidence that de la Torre was on all of these flights, because the planes are apparently available to other executives as well. But seriously, the staffs of Travel & Leisure and the Robb Report don’t spend this much time hurtling toward exotic destinations.

Here, I repeat a sincere and necessary caveat. This is not a screed against wealthy people with mansions and planes and very large boats. But that kind of wealth is supposed to go to those who create something that other people want, not a bunch of scheming private equity partners and executives who dismantle something that so many people need. Hospitals are public trusts.

It’s an interesting question, and not an esoteric one, about when immoral actions spill into illegal ones. Governor Maura Healey used the word “criminal” earlier this week when she excoriated Steward for its management of its nine Massachusetts hospitals, and said she basically wanted them out of the state. There are people who can look at how federal money has been spent and where it’s gone, and hospitals, Steward especially, have federal money coming in every day. Are they?

But back to the unanswered question of why a hospital company like Steward needs a pair of ultra-luxury jets capable of zipping around the world. The painfully obvious answer is, it absolutely doesn’t.

It especially doesn’t need it when hospital staffs are getting cut, when medical equipment is getting repossessed , when so many vendors aren’t getting paid, and when the quality of health care that it delivers is unquestionably diminished because the many great doctors and nurses and technicians in these hospitals lack the staff support they need and sufficient supplies.

And all the while, de la Torre and his private equity friends at Cerberus Capital Management have been living high, sky high in de la Torre’s case, off the money they made when they wrung hundreds of millions of dollars from a hospital system in dire need of resources and care.

Two other quick points. The Global 6000 was acquired by the Steward-related holding companies in 2020. The company that had it before that, which apparently purchased it brand new: Medical Properties Trust, the Alabama-based REIT that bought the land and hospital buildings from Steward, in a series of transactions that allowed a few people to get very rich while leaving Steward with hundreds of millions of dollars in annual rent. It’s hard to know what to make of that.

And Thursday, after I’d been asking about the jets this week, a Steward spokeswoman, Josephine Martin, called to say that the two planes were now for sale. The Falcon, she said, had recently been put on the market. The Global 6000 was listed as of Thursday.

“It’s part of a reset for Steward, selling down assets and working to be a different kind of company,” Martin said.

Maybe that should provide some satisfaction. Still, certain images remain: Chaos on the ground at so many Steward hospitals, state officials trying to prevent a crisis if any of them close, while Ralph de la Torre soars above it all in a plane built for a king. When bills went unpaid and cuts were made on personnel and supplies, there was always plenty of money for the jets.

Brian McGrory is a Globe columnist. He can be reached at [email protected] .

The Private Jet vs. The Private Yacht

For those seeking the epitome of luxury travel, private jet and private yacht experiences offer unparalleled opulence, comfort, and exclusivity. The decision between these two extravagant modes of transportation can be a daunting one. In this article, we compare private jet and private yacht travel, exploring the unique benefits and considerations of each. Whether you dream of soaring through the skies or gliding across the sparkling waters, read on to discover the distinct charms and luxuries that private jet and private yacht travel have to offer.

When it comes to speed and accessibility, private jets hold a distinct advantage. They can whisk travelers across continents in a matter of hours, reaching remote destinations with ease. Private jet terminals often provide exclusive access to smaller airports, bypassing crowded commercial terminals and saving precious time. On the other hand, private yachts offer a leisurely pace, allowing passengers to savor the journey as they sail along picturesque coastlines or island-hop through idyllic destinations. Yachts offer the freedom to explore hidden coves, anchor in secluded bays, and access ports and marinas that larger vessels cannot reach.

Both private jets and private yachts offer an unparalleled level of privacy and exclusivity. Private jets provide a secluded environment where travelers can work, relax, and socialize in complete seclusion. The limited number of passengers ensures an intimate and personalized experience. Similarly, private yachts provide a haven of tranquility, shielding passengers from the outside world. With dedicated crew members catering to their every need, travelers can enjoy the utmost privacy and create unforgettable memories with their loved ones.

When it comes to luxury amenities, both private jets and private yachts excel in their offerings. Private jets boast luxurious interiors, featuring plush seating, lavish cabin designs, and state-of-the-art entertainment systems. Some models even include spacious cabins, bedrooms, and fully equipped conference rooms. On the other hand, private yachts are equipped with opulent staterooms, lavish lounges, gourmet dining options, and water toys such as jet skis, paddleboards, and even submarines, offering an array of recreational activities amidst stunning marine surroundings.

Private jet travel offers mesmerizing aerial views as passengers soar through the sky. The perspective from above reveals breathtaking landscapes, majestic mountain ranges, and stunning cityscapes. However, private yacht travel allows travelers to immerse themselves in the beauty of coastal regions, archipelagos, and exotic island destinations. The ever-changing seascapes, crystal-clear waters, and the possibility of encountering marine wildlife add a unique dimension to the travel experience. From vibrant coral reefs to secluded beaches, private yachts provide access to coastal paradises that are inaccessible by air.

When considering private jet or private yacht travel, costs are a significant factor. Private jet travel tends to be more expensive, considering fuel, crew, maintenance, and operational costs. On the other hand, private yacht travel incurs costs related to yacht purchase, crew salaries, fuel, maintenance, and marina fees. Both options also require thorough planning and logistics to ensure a seamless experience.

Choosing between private jet and private yacht travel ultimately depends on personal preferences, travel itineraries, and the desired experience. Private jets offer swift global travel and luxurious airborne comfort, catering to those who prioritize efficiency and expedited journeys. Private yachts, on the other hand, provide an enchanting and leisurely exploration of coastal wonders, ideal for those seeking to indulge in the beauty of the seas. Whichever option you choose, both private jet and private yacht travel guarantee an unmatched level of luxury, exclusivity, and unforgettable experiences that will leave you yearning for more. Whether you prefer the boundless skies or the vast oceans, both private jet and private yacht travel promise to transport you to a world of indulgence and refinement. The decision is yours to make, as you embark on a journey that epitomizes the pinnacle of luxury travel.

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Remote work and private jet travel: embracing the digital nomad lifestyle.

The Cessna CitationJet family was the most popular private aircraft in the US for 2023. See all the varying models that make it so desirable.

• The Cessna CitationJet was the most popular private plane in the US in 2023, according to JetSpy.
• The series of jets, including the Citation M2, CJ2, CJ3, and CJ4, collectively flew 273,522 flights.
• The ultra-rich prefer private aviation for its convenience and the variety of aircraft available.

The world's elite had a busy year of jet-setting in 2023, spending thousands of dollars to fly private to events like Burning Man, the Super Bowl, and Sun Valley, Idaho's annual "summer camp for billionaires."

These ultra-rich people regularly splurge for the convenience of private aviation because they can skip the hassles of security and crowded passenger terminals.

And there's a lot of choice when it comes to business planes, with everything from the smaller HondaJet to the massive Bombardier Global 7500 on the market. The latter typically comes complete with a bedroom and entertainment room.

However, Textron Aviation's family of Cessna CitationJet aircraft proved to be the most popular in the US last year, performing a collective 273,522 flights in 2023, according to data from the aircraft-tracking website JetSpy .

Here's a closer look at the CitationJet series, which all offer varying ranges, speeds, and cabins to suit the needs of rich flyers.

Textron Aviation builds a series of light business aircraft known as the CitationJet, which falls under the larger Citation family of private planes.

The light-class family of aircraft, also known as CJ, was introduced in the 1990s and has been a consistently popular option for the ultrawealthy due to the fleet's versatility.

There are four distinct models — the Citation M2, the CJ2, the CJ3, and the CJ4 — which were developed after the company's Citation 1 failed.

Cessna's series of CJ airplanes dominate the market share with 51%, followed by Embraer and Hawker aircraft at 19% and 14%, respectively, per JetSpy.

The original Citation 1 was discontinued due to its expensive engines. Still, Cessna saw a market need for a light, lower-cost private jet.

The Citation 1 used Pratt & Whitney JT15D-1 engines, which were expensive and made the jet uncompetitive. This caused the program to be canceled in 1985.

When designing the CJ, Cessna settled on a new design that combined a lighter airframe with inexpensive but effective Williams FJ44 engines.

The first model was unveiled in 1989 and eventually delivered for the first time in 1993 to much fanfare as it outperformed the original Citation 1 thanks to its favorable speed, size, and price point.

Cessna eventually developed the original CJ into the four different CitationJet models through a series of operational and performance upgrades.

Cessna's CitationJet family is built upon the original design but learned from the mistakes of the Pratt & Whitney engines to create a more operationally favorable jet with a spacious and comfortable cabin.

Other improvements to the cockpit and cabin are visible in the current models coming off the assembly lines.

The smallest is the M2, which can fly about 1,784 miles nonstop and has a list price of $4.7 million.

The M2, which has more efficient Williams FJ44-1AP-21 turbofans that propel it to about 465 mph, is still in production. The Citation 1 , by comparison, could only fly up to about 405 mph.

The M2 jet also has an upgraded cockpit with Garmin avionics instead of those from Rockwell Collins and can climb faster and fly faster than its predecessor.

According to Textron, the M2 has a cabin height and width of five feet and a width of 11 feet.

That means the aircraft is not quite tall enough for an adult to stand upright, but it is still spacious and comfortable enough for businesspeople to choose it over other options.

The typical M2 configuration includes space for six people and features amenities like power, cupholders, and tables.

The plane is certified for a single pilot, so it can actually fit up to seven people in total with the second pilot's seat open.

However, it most comfortably fits four or five. According to Textron, the fifth and sixth seats face sideways and are situated outside the main cabin, including one in the lavatory and one right in front of the exit door.

Although not built anymore, Cessna developed a stretched version of the CJ1 and called it the CJ2.

The CJ2 is five feet longer than the original CJ1 and was first delivered in 2000. It can fly up to 481 mph across about 1,375 miles, according to Business Jet Traveler .

The CJ2+ "Alpine Edition" is similar to the M2 in its cabin and Garmin cockpit, but it had low demand and went out of production in 2016.

The M2 and CJ3+ counterparts proved to be better suited for the market of the CJ2 model, a company spokesperson told Flying Magazine in 2016.

The aircraft is still available to charter or buy used, though. The average pre-owned cost is about $4.5 million, down from the original list price of $6.5 million before production ended.

Although the CJ2+ model proved less popular, the third rendition of the jet — the $7.2 million CJ3 variant — is a success.

According to Textron , the CJ3+ features a Garmin cockpit with advanced handling and fuel burn.

The CJ3 is lighter and faster than the CJ2 it was modeled after and is equipped with slightly better Williams turbofan engines.

The cabin height and width are that of the M2, but with a nearly 16-foot length that can comfortably fit eight seats.

The main configuration includes six seats in a "club-style" arrangement. Textron offers the option to add up to two more seats in the main cabin or a "custom extended refreshment center" in lieu of one in the front.

The aft lavatory can also be fitted with a vanity, if preferred, per Textron. The aircraft also has increased baggage space compared to the M2.

Similar to the M2 — and all CJ models for that matter — the CJ3+ is certified for single-pilot operations.

This means one person can sit in the first officer's seat, bringing the total capacity to nine.

Introduced in 2006, the largest of the CJ variants is the CJ4, which stretches about two feet longer than the CJ3+.

Textron has again kept the same cabin height and width and simply stretched the CJ4 to about 17 and a half feet.

The purchase price starts at about $9 million, also making it the most expensive of the CJ family.

It is not only the largest jet in the Cessna CitationJet series but also the fastest and the highest-ranged in production.

The CJ4 can fly up to about 520 mph across some 2,500 miles, according to Textron.

That compares to the M2, which can fly up to 465 mph across 1,784 miles, and the CJ3+, which can fly up to 478 mph across 2,348 miles.

The CJ4 can carry up to 10 people thanks to the optional couch that can be fit onboard.

Textron offers a similar layout with six loungers, a seat in the lavatory, and a seat by the main cabin door. In the CJ4's case, that can be a single seat or a couch.

The lavatory also has its own seat, with the option to add a vanity. Meanwhile, a galley can be installed toward the front.

The CJ4 also offers several interior color scheme options, with designs like "jet black" and "glacier."

The CJ3+ has a similar list of options, which includes "bisque" and "truffle" but not "toffee" like on the CJ4. Buyers can also customize the cabin.

The M2, by comparison, offers three interiors: cashmere, driftwood, and ebony.

While the Cessna CJ family is the most flown with more than 273,500 flight hours, several of Cessna's midsize aircraft were close behind.

According to JetSpy, the Cessna V/Ultra/Encore series flew 2 55,912 flights, and the Cessna Citation Sovereign flew about 200,100. Both are larger than the CitationJet series.

The Sovereign ended production in 2021 to make more room for the Citation Longitude and Citation Lattitude planes. The Encore family — which had been developed from the original V in the 1980s to the Encore+ in 2006 — ended production over a decade ago.

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Guest Essay

The Superyachts of Billionaires Are Starting to Look a Lot Like Theft

By Joe Fassler

Mr. Fassler is a journalist covering food and environmental issues.

If you’re a billionaire with a palatial boat, there’s only one thing to do in mid-May: Chart your course for Istanbul and join your fellow elites for an Oscars-style ceremony honoring the builders, designers and owners of the world’s most luxurious vessels, many of them over 200 feet long.

The nominations for the World Superyacht Awards were all delivered in 2022, and the largest contenders are essentially floating sea mansions, complete with amenities like glass elevators, glass-sided pools, Turkish baths and all-teak decks. The 223-foot Nebula, owned by the WhatsApp co-founder Jan Koum, comes with an air-conditioned helicopter hangar.

I hate to be a wet blanket, but the ceremony in Istanbul is disgraceful. Owning or operating a superyacht is probably the most harmful thing an individual can do to the climate. If we’re serious about avoiding climate chaos, we need to tax, or at the very least shame, these resource-hoarding behemoths out of existence. In fact, taking on the carbon aristocracy, and their most emissions-intensive modes of travel and leisure, may be the best chance we have to improve our collective climate morale and increase our appetite for personal sacrifice, from individual behavior changes to sweeping policy mandates.

On an individual basis, the superrich pollute far more than the rest of us, and travel is one of the biggest parts of that footprint. Take, for instance, Rising Sun, the 454-foot, 82-room megaship owned by the DreamWorks co-founder David Geffen. According to a 2021 analysis in the journal Sustainability, the diesel fuel powering Mr. Geffen’s boating habit spews an estimated 16,320 tons of carbon-dioxide-equivalent gases into the atmosphere annually, almost 800 times what the average American generates in a year.

And that’s just a single ship. Worldwide, more than 5,500 private vessels clock in about 100 feet or longer, the size at which a yacht becomes a superyacht . This fleet pollutes as much as entire nations: The 300 biggest boats alone emit 315,000 tons of carbon dioxide each year, based on their likely usage — about as much as Burundi’s more than 10 million inhabitants. Indeed, a 200-foot vessel burns 132 gallons of diesel fuel an hour standing still and can guzzle 2,200 gallons just to travel 100 nautical miles.

Then there are the private jets, which make up a much higher overall contribution to climate change. Private aviation added 37 million tons of carbon dioxide to the atmosphere in 2016, which rivals the annual emissions of Hong Kong or Ireland. (Private plane use has surged since then, so today’s number is likely higher.)

You’re probably thinking: But isn’t that a drop in the bucket compared with the thousands of coal plants around the world spewing carbon? It’s a common sentiment; last year, Christophe Béchu, France’s minister of the environment, dismissed calls to regulate yachts and chartered flights as “ le buzz ” — flashy, populist solutions that get people amped up but ultimately only fiddle at the margins of climate change.

But this misses a much more important point. Research in economics and psychology suggests humans are willing to behave altruistically — but only when they believe everyone is being asked to contribute. People “stop cooperating when they see that some are not doing their part,” the cognitive scientists Nicolas Baumard and Coralie Chevallier wrote last year in Le Monde.

In that sense, superpolluting yachts and jets don’t just worsen climate change; they lessen the chance that we will work together to fix it. Why bother when the luxury goods mogul Bernard Arnault is cruising around on the Symphony, a $150 million, 333-foot superyacht?

“If some people are allowed to emit 10 times as much carbon for their comfort,” Mr. Baumard and Ms. Chevallier asked, “then why restrict your meat consumption, turn down your thermostat or limit your purchases of new products?”

Whether we’re talking about voluntary changes (insulating our attics and taking public transit) or mandated ones (tolerating a wind farm on the horizon or saying goodbye to a lush lawn), the climate fight hinges, to some extent, on our willingness to participate. When the ultrarich are given a free pass, we lose faith in the value of that sacrifice.

Taxes aimed at superyachts and private jets would take some of the sting out of these conversations, helping to improve everybody’s climate morale, a term coined by the Georgetown Law professor Brian Galle. But making these overgrown toys a bit more costly isn’t likely to change the behavior of the billionaires who buy them. Instead, we can impose new social costs through good, old-fashioned shaming.

Last June, @CelebJets — a Twitter account that tracked the flights of well-known figures using public data, then calculated their carbon emissions for all to see — revealed that the influencer Kylie Jenner took a 17-minute flight between two regional airports in California. One Twitter user wrote , “kylie jenner is out here taking 3 minute flights with her private jet, but I’m the one who has to use paper straws.”

As media outlets around the world covered the backlash, other celebrities like Drake and Taylor Swift scrambled to defend their heavy reliance on private plane travel. (Twitter suspended the @CelebJets account in December after Elon Musk, a frequent target of jet-tracking accounts, acquired the platform.)

There’s a lesson here: Hugely disproportionate per capita emissions get people angry. And they should. When billionaires squander our shared supply of resources on ridiculous boats or cushy chartered flights, it shortens the span of time available for the rest of us before the effects of warming become truly devastating. In this light, superyachts and private planes start to look less like extravagance and more like theft.

Change can happen — and quickly. French officials are exploring curbing private plane travel. And just last week — after sustained pressure from activists — Schiphol Airport in Amsterdam announced it would ban private jets as a climate-saving measure.

Even in the United States, carbon shaming can have outsize impact. Richard Aboulafia, who’s been an aviation industry consultant and analyst for 35 years, says that cleaner, greener aviation, from all-electric city hoppers to a new class of sustainable fuels, is already on the horizon for short flights. Private aviation’s high-net-worth customers just need more incentive to adopt these new technologies. Ultimately, he says, it’s only our vigilance and pressure that will speed these changes along.

There’s a similar opportunity with superyachts. Just look at Koru, Jeff Bezos’ newly built 416-foot megaship, a three-masted schooner that can reportedly cross the Atlantic on wind power alone. It’s a start.

Even small victories challenge the standard narrative around climate change. We can say no to the idea of limitless plunder, of unjustifiable overconsumption. We can say no to the billionaires’ toys.

Joe Fassler is a journalist covering food and environmental issues. He is the author of “Light the Dark ” and the forthcoming novel “The Sky Was Ours.”

The Times is committed to publishing a diversity of letters to the editor. We’d like to hear what you think about this or any of our articles. Here are some tips . And here’s our email: [email protected] .

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Beyond Amazon: Jeff Bezos' $500M Superyacht, $65M Jet And The $42M Timepiece For Millennia Built In The West Texas Mountains

W hile Jeff Bezos amassed his wealth through the widespread sale of every day, often inexpensive goods on Amazon.com, Inc (NASDAQ: AMZN), the billionaire entrepreneur and founder of the e-commerce giant is known for his opulent lifestyle and a collection of extravagant possessions that reflect his immense wealth .

From multimillion-dollar mansions to private jets, Bezos's assets include some of the most expensive items money can buy. While his car collection is estimated to be worth about $20 million, one of the world’s richest men doled out $500 million on a superyacht in 2018, the latter which was the backdrop of Bezos’ and fiancé Lauren Sanchez’s lavish European tour last summer, where the 53-year-old mother of three showed off a $35,000 Hermes purse, according to the Daily Mail.

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A Few Of The Luxurious Items Bezos Owns: According to CARHP, some of the vehicle models that make up Bezos’ collection include a Lamborghini Veneno Roadster, a Koenigsegg CCXR Trevita, a Bugatti Veyron Mansory, a W Motors Lykan HyperSport, a Ferrari Pininfarina Sergio and a Mercedes-Benz S450.

To symbolize long-term thinking, Bezos paid $42 million to erect a massive clock in the West Texas mountains, famously known as the "10,000-year clock," according to GOBankingRates.

Bezos' eight-seater Gulfstream G-650ER private jet cost the billionaire $65 million, according to the publication and it's just one of a fleet, which includes a Bombardier Global Express .

As for pets, it’s unclear if Bezos has any of the living type but the owner of The Washington Post spent $74,500 on a robot dog named “Spot,” which can even open doors, GOBankingRates wrote.

Bezos also boasts a large portfolio of properties, including a set of five units in Manhattan building worth a reported $119 million and the old Textile Museum in Washington, D.C., which he bought for $23 million but cost $35 million after renovations, according to the outlet.

Looking To Invest In The Luxury Sector? While most can’t afford to drench themselves in billions of dollars of expensive items, the industry has shown resilience despite its temporary pullbacks.

Tema’s Luxury ETF (NYSE: LUX) is an actively managed thematic fund , which invests in the global luxury industry. Unlike passive ETFs, TEMA’s portfolio managers use discretion to proactively manage risk and capitalize on selloffs in the sector by increasing cash positions temporarily and limiting the size of any single company in the portfolio.

Some of the more well-known companies in LUX, which Bezos also happens to be a fan of, are Hermes, weighted at 9.13%, Ferrari, weighted at 3.7% and Mercedes, which is weighted at 0.03% within the ETF. While TEMA’s portfolio managers increased the cash position in the fund at the end of the second quarter, LUX has increased almost 8% since Oct. 27.

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© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

This article Beyond Amazon: Jeff Bezos' $500M Superyacht, $65M Jet And The $42M Timepiece For Millennia Built In The West Texas Mountains originally appeared on Benzinga.com .

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Tycoons Lose UK Bid to Unfreeze Private Jets and Superyacht (1)

By Jonathan Browning

A billionaire ally of Roman Abramovich and a Russian owner of a brand new superyacht lost their appeals challenging the UK’s sanctions regime, bolstering the government’s pursuit of Russian assets.

Eugene Shvidler , who’s been described as Abramovich’s “right hand man,” lost his attempt to lift the asset freeze, in the first Court of Appeal decision on the strict measures imposed since Russia’s invasion of Ukraine.

He argued he’s faced “serious hardships” after he saw his private jets impounded by the UK, and pushed back at suggestions he was a close confidant of Russian President Vladimir Putin .

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Former NRA chief Wayne LaPierre’s private jets, lavish spending result in $4.4 million jury verdict

The longtime head of the National Rifle Association, Wayne LaPierre, misspent millions of dollars of the organization’s money, using the funds to pay for an  extravagant lifestyle  that included exotic getaways and trips on private planes and superyachts, a New York jury determined Friday.

The jury found LaPierre, 74, must repay almost $4.4 million to the powerful gun rights group that he led for three decades, while the NRA’s retired finance chief, Wilson Phillips, owes $2 million. Jurors also found that the NRA failed to properly manage its assets, omitted or misrepresented information in its tax filings and violated whistleblower protections under New York law.

LaPierre, who  announced his resignation  from the NRA on the eve of the trial, sat stone-faced in the front row of the courtroom as the verdict was read aloud, and did not speak to reporters on the way out.

New York Attorney General Letitia James, a Democrat who campaigned on investigating the NRA’s not-for-profit status, declared the verdict a “major victory.”

“In New York, you cannot get away with corruption and greed, no matter how powerful or influential you think you may be,” James said in a post on X . “Everyone, even the NRA and Wayne LaPierre, must play by the same rules.”

The group, which has in recent years has been  beset by financial troubles  and dwindling membership, was portrayed in the case both as a defendant that lacked internal controls to prevent misspending and as a victim of that same misconduct.

The jury found NRA general counsel John Frazer had violated his duties, but not that he owed any money or that there was cause to remove him from the organization.

In a statement, the NRA highlighted that part of the verdict in casting the outcome as proof it was “victimized by certain former vendors and ‘insiders’ who abused the trust placed in them.”

The jury did find that the NRA violated state laws protecting whistleblowers who raised concerns about the organization, a cohort that included the group’s former president, Oliver North.

“To the extent there were control violations, they were acted upon immediately by the NRA Board beginning in summer 2018,” NRA President Charles Cotton said in the statement.

The jury actually found LaPierre liable for $5.4 million, but determined he’d already paid back a little over $1 million.

Another former NRA executive turned whistleblower, Joshua Powell, settled with the state last month, agreeing to testify at the trial, pay the NRA $100,000 and forgo further involvement with nonprofits.

James’ office said Friday it wants an independent monitor to be appointed to oversee the NRA’s administration of charitable assets. It is also seeking to ban LaPierre and Phillips from serving in leadership positions at any charitable organizations that conduct business in New York, and wants the NRA and Frazer barred from collecting funds on behalf of any charitable organization operating in the state.

A judge will decide those questions during the next phase of the state Supreme Court trial.

James sued the NRA and its executives in 2020 under her authority to investigate not-for-profits registered in the state.

She originally sought to have the entire organization dissolved, but Manhattan Judge Joel M. Cohen  ruled in 2022  that the allegations did not warrant a “corporate death penalty.”

The trial, which began last month, cast a spotlight on the leadership, organizational culture and finances of the powerful lobbying group, which was founded more than 150 years ago in New York City to promote rifle skills and grew into a political juggernaut that influenced federal law and presidential elections.

Before he stepped down, LaPierre had led the NRA’s day-to-day operations since 1991, acting as its face and becoming one of the country’s most influential figures in shaping gun policy.

During the trial, state lawyers argued that he dodged financial disclosure requirements while treating the NRA as his personal piggy bank, liberally dipping into its coffers for African safaris and other questionable expenditures.

His lawyer cast the trial as a political witch hunt by James.

LaPierre billed the NRA more than $11 million for private jet flights and spent more than $500,000 on eight trips to the Bahamas over a three-year span, state lawyers said.

He also authorized $135 million in NRA contracts for a vendor whose owners showered him with free trips to the Bahamas, Greece, Dubai and India, as well as access to a 108-foot (33-meter) yacht.

On the stand, LaPierre claimed he  hadn’t realized  the travel tickets, hotel stays, meals, yacht access and other luxury perks counted as gifts, and that the private jet flights were necessary for his safety.

But he  conceded  that he had wrongly expensed private flights for his family and accepted vacations from vendors doing business with the NRA without disclosing them.

Among those who testified at the trial  was North , a one-time  NRA president  and former National Security Council military aide best known for his central role in the Iran-Contra scandal of the 1980s. North, who resigned from the NRA in 2019, said he was pushed out after raising allegations of financial irregularities.

After reporting a $36 million deficit in 2018 fueled largely by misspending, the NRA cut back on longstanding programs that had been core to its mission, including training and education, recreational shooting and law enforcement initiatives. In 2021, it filed for bankruptcy and sought to incorporate in Texas instead of New York,  but a judge rejected the move , saying it was an attempt to duck James’ lawsuit.

Despite its recent woes, the NRA remains a political force. Republican presidential hopefuls flocked to its annual convention last year and former President Donald Trump  spoke at an NRA event  earlier this month — his eighth speech to the association, it said.

Associated Press writer Philip Marcelo contributed to this report.

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