Jet-Set Frenzy

The new $65 million G650 is the hot ride for the megarich

Whenever the latest iphone or ipad hits, Hollywood and Silicon Valley types use all the juice they can muster to get first access to one, while mere mortals have to camp in line for days. Among the billionaire crowd, Gulfstream's new G650 business jet has been generating the same kind of jockeying for position. One big difference: the G650, which goes the farthest the fastest among the planes in its class, costs about 160,000 times as much as an iPad.

Gulfstream is delivering the first of its $65 million G650s, which has inspired almost comic maneuvering among the Gulf sheiks, Russian...

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