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Wealth from AI and cryptocurrencies is creating a younger generation of private jet owners, the boss of Flexjet said. The group, which allows people to take partial ownership of large luxury private jets, said it now had owners who were in their twenties.
“Our average age has dropped 10 years,” chief executive Andrew Collins told the FT. “I can see right now a significant impact from AI already, in terms of AI wealth.
The number of ultra-high-net-worth individuals had risen by almost a third in the past two years, he said, propelled by booming markets and new sources of money such as technology.
The company is expanding, having ordered 50 new jets to take its fleet to 390 by the end of the year.
