The Millionaire Next Door Increasingly Flies Private

Bombardier Challenger 3500

Bizjets such as the Bombardier Challenger 3500 are benefiting from new demand from companies and wealthy individuals alike, both of which are surging in part due to historic stock market activity and artificial intelligence.

Credit: Bombardier
The U.S. created more than 1,200 new millionaires every 24 hr. last year, and more than 2,600 millionaires were minted every day around the world in 2025, according to the UBS Global Wealth Report. Sometimes, it feels like they are all trying to fly or even buy business jets. Traditionally, business...
Michael Bruno

Based in Washington, Michael Bruno is Aviation Week Network’s Executive Editor for Business. He oversees coverage of aviation, aerospace and defense businesses, supply chains and related issues.

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