Georgia businessman Stephen Prince is selling his private jet after learning about its environmental impact. Talk about putting his money where his mouth is. 🛩️💵
But upon learning about the environmental impact of jets, Prince—who made most of his fortune through his ownership of National Business Products, which prints plastic business cards—told Insider he decided to sell his Cessna 650, which burns through about 241 gallons of fuel per hour.
“I get on my plane and I’ll spew ten times as much carbon into the atmosphere as I do when I get on a first-class flight on Delta or American Airlines,” he told the outlet. “It’s just unconscionable — It’s incredibly selfish.” It’s a major turnaround for someone who’d previously owned part or all of three private aircraft. He bought his first jet—a Mitsubishi MU-2—with a friend, but due to scheduling conflicts the pair encountered, he purchased a Cessna 560. Now, he’s the sole owner of a twelve-seat Cessna 650, which he says will be his last.
The news will be welcome to environmental activists, who in recent years have campaigned to get ultra-high-net-worth people to stop using private flights altogether. “The median net worth of a full and fractional
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