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NetJets
NetJets Inc. is an American company that sells fractional ownership shares in private business jets. Founded as Executive Jet Airways in 1964, it was later renamed Executive Jet Aviation. NetJets became the first private business jet charter and aircraft management company in the world. It launched its fractional ownership business in 1986 and became a subsidiary of Berkshire Hathaway in 1998. History 1960s The company was founded in 1964 and originally known as ''Executive Jet Airways''. The name was later changed to ''Executive Jet Aviation'' (EJA), and again in 2002 to NetJets, after Berkshire Hathaway purchased it in 1998. NetJets was the first private business jet charter and aircraft management company in the world, launching its fractional ownership business in 1986. The founding members of the board of directors included US Air Force generals Curtis E. LeMay and Paul Tibbets, Washington lawyer and former military pilot Bruce Sundlun, and entertainers and pilots ...
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NetJets HQ Sign
NetJets Inc. is an American company that sells fractional ownership shares in private business jets. Founded as Executive Jet Airways in 1964, it was later renamed Executive Jet Aviation. NetJets became the first private business jet charter and aircraft management company in the world. It launched its fractional ownership business in 1986 and became a subsidiary of Berkshire Hathaway in 1998. History 1960s The company was founded in 1964 and originally known as ''Executive Jet Airways''. The name was later changed to ''Executive Jet Aviation'' (EJA), and again in 2002 to NetJets, after Berkshire Hathaway purchased it in 1998. NetJets was the first private business jet charter and aircraft management company in the world, launching its fractional ownership business in 1986. The founding members of the board of directors included US Air Force generals Curtis E. LeMay and Paul Tibbets, Washington lawyer and former military pilot Bruce Sundlun, and entertainers and pilots ...
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Netjets Citation Latitude N630QS (Quintin Soloviev)
NetJets Inc. is an American company that sells Fractional ownership of aircraft, fractional ownership shares in private business jets. Founded as Executive Jet Airways in 1964, it was later renamed Executive Jet Aviation. NetJets became the first private business jet charter and aircraft management company in the world. It launched its fractional ownership business in 1986 and became a subsidiary of Berkshire Hathaway in 1998. History 1960s The company was founded in 1964 and originally known as ''Executive Jet Airways''. The name was later changed to ''Executive Jet Aviation'' (EJA), and again in 2002 to NetJets, after Berkshire Hathaway purchased it in 1998. NetJets was the first private business jet charter and aircraft management company in the world, launching its fractional ownership business in 1986. The founding members of the board of directors included US Air Force generals Curtis E. LeMay and Paul Tibbets, Washington lawyer and former military pilot Bruce Sun ...
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Bruce Sundlun
Bruce George Sundlun (January 19, 1920 – July 21, 2011) was an American businessman, politician and member of the United States Democratic Party, Democratic Party who served as List of governors of Rhode Island, 71st governor of Rhode Island between 1991 and 1995. He was Rhode Island's second Jewish governor, and the only Jewish governor in the United States during his two terms. In addition to politics, Sundlun had a varied career as a military pilot, federal attorney, practicing lawyer, corporate executive and university lecturer. Early life and education Sundlun was born in Providence, Rhode Island, Providence on January 19, 1920, to Walter Irving Sundlun and Jennette "Jan" Zelda (née Colitz) Sundlun. His grandparents were Lithuanian Lithuanian Jews, Jewish immigrants. Sundlun attended the Gordon School, Classical High School (Providence) and the Tabor Academy, Massachusetts, Tabor Academy (Marion, Massachusetts). In 1933, while attending Boy Scout camp at Camp Yawgoog, ...
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Berkshire Hathaway
Berkshire Hathaway Inc. () is an American Multinational corporation, multinational conglomerate (company), conglomerate holding company headquartered in Omaha, Nebraska, United States. Its main business and source of capital is insurance, from which it invests the float (the retained premiums) in a broad portfolio of subsidiaries, equity positions and other securities. The company has been overseen since 1965 by its chairman and CEO Warren Buffett and (since 1978) vice chairman Charlie Munger, who are known for their advocacy of value investing principles. Under their direction, the company's book value has grown at an average rate of 20%, compared to about 10% from the S&P 500 index with dividends included over the same period, while employing large amounts of capital and minimal debt. The company's insurance brands include auto insurer GEICO and reinsurance firm General Re. Its non-insurance subsidiaries operate in diverse sectors such as confectionery, retail, Rail transport, ...
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Richard Santulli
Richard T. Santulli (born August 14, 1944), is an American businessman. He is the founder and chairman of Milestone Aviation Group, a helicopter and business jet leasing company. He is best known for pioneering the concept of fractional jet ownership with NetJets, a company he developed in 1986. Santulli was once considered a possible successor to Warren Buffett at Berkshire Hathaway. Early life Richard T. Santulli was born in Brooklyn, New York on August 14, 1944. Santulli studied at the New York University Tandon School of Engineering, earning B.S. and M.S. degrees in mathematics, as well as a master's degree in industrial engineering. Career Santulli’s first job after graduating was with Shell Oil Company. In 1984, Santulli purchased Executive Jet, a charter service company, as a wholly owned subsidiary of RTS Capital Services. The company launched NetJets, a program that introduced a 'time-share' concept of fractional ownership (as previously seen in resort propertie ...
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David Sokol
David L. Sokol (born September 1956) is an American business executive. He is Chairman/CEO of Teton Capital LLC, headquartered in Wilson, Wyoming. He served as chairman, president and CEO of NetJets as well as chairman of MidAmerican Energy Holdings Company, of which Berkshire Hathaway holds a 100% and 89.8% stake respectively. Early life The youngest of five children, David L. Sokol was born in 1956 in Omaha, Nebraska. His father managed a grocery store in Omaha when he was born. His parents had been married for 25 years when he was born. His eldest sibling is 23 years older than he is. Sokol attended Catholic grade school and public high school. When Sokol was 11, his mother was diagnosed with breast cancer. To help out with expenses, Sokol worked as a paperboy, as a caddie at a golf course, and as a janitor in a hardware store. He also helped local farmers bale hay. In high school, he worked as a maintenance manager for an apartment complex. He also worked for a local groce ...
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Kenny Dichter
Kenny Dichter is an American entrepreneur and the CEO of privately held aviation company, Wheels Up. He also co-founded Alphabet City Sports Records, Marquis Jet, and Tequila Avión. Career Alphabet City Sports Records After graduating from the University of Wisconsin in 1990, Dichter founded Alphabet City Sports Records with friend Jesse Itzler/ The label focused on creating and selling songs that were frequently heard in sports stadiums and arenas. The firm was eventually sold to SFX Entertainment in 1998 for $4.3 million in cash and stock. Marquis Jets Dichter founded Marquis Jets in 2001, the first fractional card jet program. By 2007, the firm was turning over more than $700 million per year from its 3,500 customers. In November 2010, Dichter sold Marquis Jet to NetJets, a subsidiary of Warren Buffett's Berkshire Hathaway. Tequila Avión Tequila Avión, a brand of tequila, was founded by Dichter and Ken Austin. The brand was named the 'Best Tequila in the World' ...
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Arthur Godfrey
Arthur Morton Godfrey (August 31, 1903 – March 16, 1983) was an American radio and television broadcaster and entertainer who was sometimes introduced by his nickname The Old Redhead. At the peak of his success, in the early-to-mid 1950s, Godfrey was heard on radio and seen on television up to six days a week, sometimes for as many as nine separate broadcasts for CBS. His programs included ''Arthur Godfrey Time'' (Monday-Friday mornings on radio and television), ''Arthur Godfrey's Talent Scouts'' (Monday evenings on radio and television), '' Arthur Godfrey and His Friends'' (Wednesday evenings on television), ''The Arthur Godfrey Digest'' (Friday evenings on radio) and ''King Arthur Godfrey and His Round Table'' (Sunday afternoons on radio). The infamous on-air firing of cast member Julius La Rosa in 1953 tainted his down-to-earth, family-man image and resulted in a marked decline in popularity which he was never able to overcome. Over the following two years, Godfrey fired ov ...
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Paul Tibbets
Paul Warfield Tibbets Jr. (23 February 1915 – 1 November 2007) was a brigadier general in the United States Air Force. He is best known as the aircraft captain who flew the B-29 Superfortress known as the '' Enola Gay'' (named after his mother) when it dropped a Little Boy, the first of two atomic bombs used in warfare, on the Japanese city of Hiroshima. Tibbets enlisted in the United States Army in 1937 and qualified as a pilot in 1938. After the Japanese attack on Pearl Harbor, he flew anti-submarine patrols over the Atlantic. In February 1942, he became the commanding officer of the 340th Bombardment Squadron of the 97th Bombardment Group, which was equipped with the Boeing B-17. In July 1942, the 97th became the first heavy bombardment group to be deployed as part of the Eighth Air Force, and Tibbets became deputy group commander. He flew the lead plane in the first American daylight heavy bomber mission against Occupied Europe on 17 August 1942, and the first American ...
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Jesse Itzler
Jesse Itzler is an American entrepreneur, author, and rapper.Family's Live-In Navy SEAL Identified
New York Post. November 3, 2015. Jennifer Gould Kell. accessed February 9, 2016
He is the co-founder of , one of the largest private companies in the world, a partner in Zico Coconut Water, the founder of The 100 Mile Group and an owner of the
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Boeing Business Jet
Boeing Business Jets (BBJ) are versions of Boeing's jet airliners with modifications to serve the private, head of state and corporate jet market. In 1996, Phil Condit, president of The Boeing Company, and Jack Welch, chairman and CEO of General Electric, sketched out their ideal business jet– a high-performance derivative of the 737 Next Generation, capable of flying more than 6,000 nautical miles nonstop and offering more cabin space than traditional long-range business jets. The first BBJ, based on the 737-700, rolled out on July 26, 1998 and had its first flight Sept. 4, 1998. Boeing expanded the BBJ brand to include configurations based on the 737 MAX, 777, 777X, 787 Dreamliner and 747-8 Intercontinental, which are known as BBJ 737 MAX, BBJ 777, BBJ 777X, BBJ 787, and BBJ 747-8, respectively. Boeing currently produces the BBJ 737-7, BBJ 737-8, BBJ 737-9, BBJ 787-8, and BBJ 787-9. The BBJ 777X will be available once it is certified by the FAA. Sought by VVIP customers ...
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Columbus, Ohio
Columbus () is the state capital and the most populous city in the U.S. state of Ohio. With a 2020 census population of 905,748, it is the 14th-most populous city in the U.S., the second-most populous city in the Midwest, after Chicago, and the third-most populous state capital. Columbus is the county seat of Franklin County; it also extends into Delaware and Fairfield counties. It is the core city of the Columbus metropolitan area, which encompasses 10 counties in central Ohio. The metropolitan area had a population of 2,138,926 in 2020, making it the largest entirely in Ohio and 32nd-largest in the U.S. Columbus originated as numerous Native American settlements on the banks of the Scioto River. Franklinton, now a city neighborhood, was the first European settlement, laid out in 1797. The city was founded in 1812 at the confluence of the Scioto and Olentangy rivers, and laid out to become the state capital. The city was named for Italian explorer Christopher Columbus. ...
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