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Billionaire Economy Is Booming With Private Jets in Short Supply

Demand for superyachts, mansions and planes is soaring, driven by cheap debt and rising wealth.

Bombardier Global 5500 business jet

Photographer: Bombardier
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Bombardier’s Global 5500 has a top speed of 594 miles per hour and can fly nonstop from Los Angeles to Moscow.

Available for about $45 million, the twin-engine jet can easily touch down on tricky airfields and accommodate a dozen or so passengers.

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Billionaire Economy Is Booming With Private Jets in Short Supply