4 ms·
Personal experience - I’m talking about the mass rich people with m >$20m <$500m in the US that are the target market for fractional jet ownership. Sure they mi
by cascom 7y ago
Personal experience - I’m talking about the mass rich people with m >$20m <$500m in the US that are the target market for fractional jet ownership. Sure they might have a personal trainer (at their gym) or a house keeper or two that does their cooking, but few have a real personal chef or a chauffeur etc.
Put another way, corporate aviation costs several thousand dollars per hour of time saved, and most people that use it have not exhausted time savings that are easier to come by
- iguy 7y agoIt's also possible they care more about some hours than others -- everyone needs some downtime, so hiring a professional knitter it wouldn't help at all. Whereas saving hours on the crunch day when you're chasing a deal is worth a lot more. That said I think there's also something in the social acceptability of services being higher than that for servants.
- ryanlol 7y agoIt’s a huge pain in the ass to hire a chauffeur. At that point you’ll probably need a full time PA to manage your staff. It’s hard to find the time to hire people.