Markets Magazine
Buying Airbus in Mayfair Makes London Hub for Jet-Buying Moguls
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When it comes to the trappings of wealth, few cities can outclass London. Stores in Westminster traffic in superyachts, while plutocrats construct Olympic-sized swimming pools in their Belgravia basements.
Now, thanks to Steve Varsano -- a guy from Hoboken, New Jersey, who made his money in private equity -- they can even impulse-buy a plane. Rather than hunker down in a dingy airport office complex the way most brokers do, Varsano has set up The Jet Business on Hyde Park Corner, Bloomberg Pursuits magazine will report in its Autumn 2013 issue.