New Moguls, New Jets

BJT FOR BARRON'S

It's wheels-up in emerging markets. With economies booming in China, India and Latin America, those countries are fast embracing the ultimate symbol of American moguldom, the private jet.

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““[Bill Gates] has been historically one of my best supporters…One of my favorite e-mails he ever sent me…I proposed this crazy project. And he sent back this two-line response: ‘This has got to be the craziest thing you’ve ever suggested. Please proceed.’” ”

-—former Microsoft CTO Nathan Myhrvold