People

October 1, 2007
-Texas billionaire Robert M. Bass, who is financing an effort to build the world's first supersonic business jet
October 1, 2007
“We didn’t plan it, but lo and behold, I found we were making money with the
Michael Pascucci wanted to go to Florida. Never mind that he was only 13 and supposed to be in school. He bought an old Ford from a neighbor for $45; taught himself to drive; skipped out of classes in Manhasset, N.Y.; and, along with three friends, headed south.
October 1, 2007
Though he is no longer under the employ of a corporation, you can't really call Brian Barents retired. Being on the boards of five aviation companies-including serving as vice chairman of Aerion Corp., which is planning to develop the first supersonic business jet-keeps him almost as busy as when he was running other companies and was active in the Michigan and Kansas National Guards.
October 1, 2007
“Short of a complete global meltdown or another 9/11, I don’t see anything sl
Josh Mesinger is vice president of J. Mesinger Jet Sales, a Boulder, Colo. corporate jet brokerage and consulting firm founded by his father, Jay. The younger Mesinger joined the company eight years ago, after graduating from George Washington University.
August 1, 2007
-Shanghai-based journalist James Fallows, in The Atlantic
August 1, 2007
On the ground, Banks’ Citation S/II doubles as a lounge chair.
Walter Banks grew up in the hotel business. When he was about two years old, his father bought and began managing the historic Cavalier Hotel in Virginia Beach, Va. Then in 1960, when Walter was 17, his dad sold that property and purchased Fort Lauderdale's Lago Mar Resort and Club.
August 1, 2007
“We believe that there’s a big opportunity for the whole-plane car-service-wi
Starting a company was the last thing on William Herp's mind when he caught the aviation bug in 1996. In fact, he'd already launched several businesses and was in the midst of a break from his entrepreneurial efforts.
August 1, 2007
“I literally go through my schedule at the end of each week,” Pino said, “and
The large lawn in front of the Sikorsky Aircraft headquarters building just north of the Merritt Parkway in Stratford, Conn., contains a not-unexpected windsock and helipad.
June 1, 2007
-Warren Buffett, in his typically folksy annual letter to stockholders of Berkshire Hathaway, which owns NetJets
June 1, 2007
Frederick Price
Nothing in Frederick Price's early life suggested that he would one day lead a congregation of thousands and fly around in a private jet. He grew up poor, in a nonreligious household, with an alcoholic father, and he suffered during childhood from an inferiority complex and a variety of phobias.

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Quote/Unquote

“[New billionaires in fast-growing countries] have to buy longer-range airplanes. If you’re flying from Mongolia to Nigeria, it’s either a three-day journey flying commercial or a nine-hour flight on your jet.”

-Steve Varsano