Good. A new indicator, in addition to private jet sales, by which we can measure the wealthy’s well-being. One wonders if this might become a new fad after the Osama raid.
When she costs $230,000, as Julia did, the preferred title is “executive protection dog.” This 3-year-old German shepherd, who commutes by private jet between a Minnesota estate and a home in Arizona, belongs to a canine caste that combines exalted pedigree, child-friendly cuddliness and arm-lacerating ferocity…
At her new home in Minnesota, Julia has a part-time trainer, Jeremy Norton, who also works as a firefighter in Minneapolis. Mr. Norton agreed that Julia was a special dog, but he smiled a bit uncomfortably when asked to explain the $230,000 price.
“It’s in the eye of the beholder,” he said. “That’s as politic an answer as I can muster. I mean, Julia’s nice, but that’s half my house. There’s no way to wrap your head around that.”
Speaks for itself really, but I can add from experience that Lakeville, Minnesota does not exactly share the type of security needs one might face in “Latin America (especially Mexico), the Middle East, Asia and other places.”
From a few days ago, this news item: “$8.6M luxury jet puts jet-setting in a whole new stratosphere”
The jets cost about $4,300 an hour to operate, the cost of which is shouldered by the fractional owners themselves, in addition to their initial investment in the aircraft.
Since the first quarter of 2010, Doyle said Flight Options has seen a 467 percent increase in fractional ownership sales, which are available for several models of aircraft.
"The last thing you want to do when you take your family on vacation is deal with the airport and security lines," Martin said.