Private jets at Switzerland's Agno-Lugano Airport in September, 2022.
Private jets at Switzerland's Agno-Lugano Airport in September, 2022.
  • Private jet use has become more popular than ever. But who are the owners of the luxury aircraft?
  • Members of the "jet-owning oligarchy" have a median net worth of $190 million, a new report says.
  • The typical private jet owner is a North American male over 50 who works in finance or real estate. 

When the pandemic shut down commercial travel, it triggered a private aviation boom. The number of US-based business jet flights hit a record high in 2022, per FAA data.