Hong Kong billionaire to buy Boeing 787 for private use

this guy almost blew himself out( he almost went bankrupt but was bail out by his friends) in the 97-98 financial crisis trading index options. Living his life to his fullest, I am expecting a spectacular blow out somewhere down the road. As a trader, his money managment skills is on par with a someone who totally green.

A point on the license plates, I think the plates that he brought acutally went up in value. it was a investment. So is the bloody 787. He sold his gulfstream at a HIGHER price to some chinese tycoon (who didn't want to wait for one to be built) after owning it for two years. It's a investment.
 
Quote from S2007S:

Hong Kong billionaire to buy Boeing 787 for private use


NEW YORK (AFP) - Hong Kong billionaire Joseph Lau has ordered a Boeing 787 "Dream Lifter" as a private VIP jet in an order worth some 153 million dollars at list prices, the aircraft maker said Tuesday.


The 787, whose first deliveries are set for next year, normally is configured to carry 250 to 300 passengers.

But Boeing said it has received seven orders, including the latest from Lau, for Dream Lifters as so-called VIP aircraft or business jets.

"The 787 VIP is an extremely attractive jet for wealthy and successful entrepreneurs, especially in Asia where business is conducted over long distances," said Boeing Business Jets president Steven Hill.

"The 787 has it all -- long-range capability, advanced technology and a spacious, comfortable cabin -- attributes that are needed to conduct business around the world. We are honored by Mr. Lau's confidence in Boeing jets and his relationship with Boeing Business Jets."

The VIP-configured 787-8 offers 223 square meters (2,404 square feet) of cabin space, according to Boeing.

Self-made tycoon Lau, 55, who holds a majority stake in Chinese Estates Holdings, last year paid the highest amount ever for a work by pop art icon Andy Warhol, with the purchase of a portrait of Mao Zedong for 17.4 million dollars at auction in New York.

Sometimes described as a playboy socialite, Lau has a fortune estimated by Forbes magazine of 2.1 billion US dollars and is ranked 458th among the world's richest people by the magazine.

Lau spent more than 40 million Hong

Kong dollars (5.1 million US) on 20 personalized car license plates.
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Well. as long as he only uses one sheet o bum paper to wipe his arse then he's got my vote.:cool:
 
Quote from acerbits:

i'd take a supersonic gulfstream over boeing mumbo jumbo jets anyday
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Supersonic ???

Give yourself a break.
There is no such a thing as a civilian supersonic aircraft.

Gulfstream makes very good business jets, but they don't make the fastest jet, let alone a supersonic one.
 
Quote from jficquette:

I would have to have at least $10B before I would blow $150m on a plane. Operating costs are probably a $500 a mile.

John
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nah, most of these things are leased. these new mini jets are around one million.

surf
 
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