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This is the crux of it, if you're a senior executive your time is often more valuable than the cost of a private jet. Imagine if Bezos can't get to a shareholde
by albertgoeswoof 8y ago
This is the crux of it, if you're a senior executive your time is often more valuable than the cost of a private jet. Imagine if Bezos can't get to a shareholder meeting because of a delayed flight, there's millions of dollars at stake on every move he makes.
It's the same reason you might get a house cleaner or gardener in, just on a different scale.
- dogma1138 8y ago>It's the same reason you might get a house cleaner or gardener in, just on a different scale. While I don't know anyone with a personal Jet I've known a handful of people that essentially grew up with a household staff where they had like 3 to 5 or so people full time supporting the household. The best explanation for the experience was essentially they had an office manager / executive assistant that they could call on for most things growing up for most of them there was a single point of contact that managed the the staff and they would tell them what they need (I need to buy X, or I need to be in place Y on date Z or I want to have a party for M) and they'll sort it out. This essentially is needed if you are going to be living in a house "appropriate" to your net worth even starting at a few millions in old money (outside of the US) it comes to a point where you cannot actually manage the house and grounds on your own without it being a full time job and if you actually want to maintain both it's monetary and sentimental value a maintenance staff is nearly mandatory. Most of us would have trouble keeping up a 2-3 bed apartment running without having a weekly or bi-weekly cleaning service when we work full time, now imagine keeping up an 8-10 bed house with possibly guest quarters and the grounds around it. This is also one of the reasons that many of these huge houses are not as expensive as one might think as their yearly upkeep cost is pretty darn high.