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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“What we need to do is always lean into the future. When the world changes around you and when it changes against you—what used to be a tail wind is now a head wind—you have to lean into that and figure out what to do because complaining isn’t a strategy. ”

-Amazon CEO and Washington Post owner Jeff Bezos at a press conference for the third-generation Kindle Fire tablet.