Dec 16, 2024, 9:45 AM
Dec 16, 2024, 9:45 AM

Jeff Bezos sells private jet for $39 million amid economic crisis

Highlights
  • Jeff Bezos has listed his 2015 Gulfstream G650ER for sale at $38,950,000.
  • His fleet recently expanded with the addition of a Gulfstream G700, a modern and advanced jet.
  • The decision to sell may indicate a shift towards newer aircraft and concerns about the environmental impact of private aviation.
Story

In the United States, billionaire Jeff Bezos has recently placed his 2015 Gulfstream G650ER private jet on the market for $38,950,000. This decision comes shortly after upgrading to the technologically advanced Gulfstream G700, which he acquired in July for approximately $80 million. The G700 has quickly become a favorite among the elite, demonstrating remarkable performance capabilities and luxury features. Unlike the G700, which is designed for high-speed travel and opulence, the G650ER, although still impressive, is one of the older models in Bezos' collection, which is valued at over $200 million altogether. The Gulfstream G650ER is a well-maintained aircraft that can comfortably accommodate up to 14 passengers and has many features conducive to long-haul flights, including a crew rest area and meal prep galley. Aviation expert Preston Holland has noted that the interior of the G650ER reflects both comfort and functionality appropriate for someone of Bezos's stature. The decision to sell one of his older jets may be reflective of Bezos's changing needs following the acquisition of the G700. Bezos's entire fleet has been subject to scrutiny regarding its environmental impact, especially in terms of carbon emissions. Fortunately, while the jets are useful for business travel, their substantial carbon footprint has raised concerns from environmental organizations such as Oxfam. Their report highlighted the stark contrast between the lifestyle of billionaires and average workers, with a massive carbon output associated with private jets. Overall, while the market for private jets remains robust, Bezos's choice to sell the G650ER suggests a potential shift in his aviation preferences, possibly indicating a focus towards more efficient and advanced technology alternatives such as the G700.

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