Billionaires Reveal the One Luxury They Can’t Live Without

In a recent survey by Forbes, the world’s billionaires revealed their secret indulgences, and it turns out that the most sought-after luxury is none other than a private jet. With a staggering 40 billionaires responding, it’s clear that when you’re living life with a fortune that has more commas than a best-selling novel, you demand the best – and in their eyes, nothing tops the comfort and convenience of flying on their personal aircraft.

While billionaires have access to all sorts of extravagant toys—from plush super yachts complete with cinemas and spas to trips that whisk them away into space—twelve of these wealthy moguls unanimously agreed that a private jet is a necessity. After all, what good is all that money if you can’t zip from one luxury event to another in style? Imagine the time saved by skipping the crazy long lines at commercial airports—no more waiting hours for security checks or lumbering through crowded terminals with your overpriced latte in hand.

One billionaire, David Hoffman, shared how essential his jet is for his various business ventures. With connections scattered across the U.S., having a private plane allows him to hop from one engagement to the next without wasting time. For him, it’s not merely an indulgence; it is a business tool that keeps the wheels of commerce turning smoothly. Another billionaire, Samir Mane, echoed these sentiments, explaining how commercial flight options can be quite inconvenient in some areas. It’s hard to run a global business if you’re stuck on a layover in a distant airport.

The costs of private jets can be jaw-dropping, with prices ranging anywhere from $1 million for a used model to upwards of $80 million for the latest and greatest in luxury travel. During the pandemic, demand pushed up resale costs, meaning that those who bought a jet just before the world hit pause might be sitting on a very profitable investment. Take the Bombardier Global 7500, for instance—a fully loaded model that can practically fly around the globe non-stop and features a spacious cabin divided into four zones. Perfect for that power nap before a big meeting or relaxing after a high-stakes dinner.

While some billionaires enjoy their jets for business, not all indulgences are corporate in nature. A couple of respondents shared a more sentimental attachment—two even listed their spouses as luxuries they can’t live without. When you’ve got a net worth in the billion range, it seems love and companionship still count for something, regardless of financial standing. It’s a heartwarming reminder that even the wealthiest among us find their greatest joys not in material possessions but in the relationships they build.

In the grand scheme of things, while owning a private jet might sound like the ultimate luxury, for these billionaires, it’s less about the glam and more about efficiency. So next time you think billionaire life must be all about extravagant toys and lavish parties, remember—sometimes, it’s just about getting from point A to B with a little more flair and a lot less fuss. That’s the high-flying life of the rich and famous!

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Keith Jacobs

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