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Why people own jets instead of renting? Jets are extremely expensive to own. It's way better to rent those when you need to travel. It's not a matter of being rich. It's just simple math.

Why people own jets instead of renting? Jets are extremely expensive to own. It's way better to rent those when you need to travel. It's not a matter of being rich. It's just simple math.

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[–] 4 pts

Because they want to show you how much money they have.They have so much that the expense of owning is meaningless.

[–] 1 pt

Exactly. When money doesn’t matter but owning a jet is more convenient than renting.

[–] 1 pt

People who have that much money dont blow it to show off how rich they are. the wealthiest people act like beggars, its how they get rich, poor people blow money on looking rich. blowing money on modern art? they dont do this to look rich they do it to hide real purchases and they later donate it and write it off tax. Buying a private jet? trafficking illegal items without having to deal with people looking into what your doing.