“[New billionaires in fast-growing countries] have to buy longer-range airplanes. If you’re flying from Mongolia to Nigeria, it’s either a three-day journey flying commercial or a nine-hour flight on your jet.”
Going Places: Attention, Ferrari Fans
One of the premier events for car aficionados, the Palm Beach [Fla.] Cavallino Classic, takes place January 22 to 27 at the Breakers Hotel in that city. Ferrari owners will find much to see and do, including a track meet; a touring rally with vintage and classic Ferraris; and-the high point of the show-the Concorso d'Eleganza, which will feature more than 100 classic cars.
Coinciding with the Cavallino Classic, Jet Aviation's La Bella Macchina will take place at the company's West Palm Beach facility on January 24. The invitation-only cocktail reception will celebrate Ferraris, private aircraft, yachts and other luxuries. Among the highlights of the annual event-which attracts thousands of Ferrari owners, socialites and business people- are tours of the aircraft on display. Info: