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FB Roundup: Dietrich Mateschitz, Bernard Arnault, Sir Richard Branson

October 24, 2022

In this week’s FB Roundup, tributes are paid to billionaire Red Bull co-founder Dietrich Mateschitz; Bernard Arnault sells his private jet to avoid climate activists tracking him; and Sir Richard Branson is invited to take part in a Singapore death penalty debate.

Tributes paid to billionaire Red Bull co-founder Dietrich Mateschitz
Austrian President Alexander Van der Bellen has led tributes to Red Bull co-founder Dietrich Mateschitz, who has passed away aged 78 after a long battle with cancer.

Austria's richest person with a fortune estimated by Forbes at $27.4 billion, the entrepreneur built the energy drink into one of the most recognisable brands in the world with influence across the worlds of sport and culture.

FB Roundup: Mike Ashley, Leonard N. Stern, Robert Hersov

September 12, 2022

In this week’s FB Roundup, Mike Ashley plots a takeover of historic Savile Row tailor Gieves & Hawkes; Robert Hersov plans to buy multiple South African airports; and Leonard N. Stern reportedly agrees to return ancient artifacts to Greece.

Mike Ashley plots historic Savile Row tailor takeover
Frasers Group, the shopping empire founded by British retail billionaire Mike Ashley, is among the remaining bidders contending for ownership of the historic tailors Gieves & Hawkes, according to Sky News.

FB Roundup: Bertelsmann, Bombardier, Walmart

December 12, 2020

Bertelsmann books Simon & Schuster for $2.175 billion, Bombardier private jet sales soar in the coronavirus age, Walmart offers to give Covid-19 vaccinations.

Bertelsmann books Simon & Schuster for $2.175 billion

German media family business Bertelsmann has acquired publishing house Simon & Schuster for $2.175 billion from the US Redstone-family-owned media company ViacomCBS.

Bertelsmann, the international media, services and education company, said it was further expanding its global content businesses in the US, its second-largest market, with the deal for the publisher of Hillary Clinton, John Irving, Stephen King and Bob Woodward.

Private jets hit turbulence over crews, carbon and coronavirus

March 3, 2020

Following a similar pattern to the SARS coronavirus outbreak in 2003, the spread of the COVID-19 coronavirus has further exacerbated the shortage of private jets and crew. While specific figures for chartered jet flights are not publicly available, it is reported that a number of operators have seen a steep increase in interest due to the outbreak.

Frequent flyers: Charter, lease or own your private jet

August 26, 2019

Flying in a private jet is the ultimate status symbol, but owning one isn’t the only way to travel. Alison Ebbage considers the practical and cost-effective alternatives.

Private aviation solves the perennial time shortage issue perfectly and provides a luxe experience to those able to afford it. Today there are more options than ever—ownership, fractional ownership and charter, which in turn divides into different models too—depending on whether the charter is for the seat or the plane and whether the access is on a subscription or on-demand basis.