THOMAS Flohr amassed a US$2bil fortune by flying the global elite wherever they need to go. His VistaJet Group Holding Ltd operates a fleet of 72 silver and red business aircraft that ferry executives, politicians and private clients around the world. Last year, private equity firm Rhone Capital bought around 7% of the business at a US$2.65bil valuation.
Flohr, who previously worked in asset finance, founded the company in 2004 after becoming frustrated with existing offerings, a move that prompted competitors to call him a “lunatic”. In an interview in New York, Flohr discussed the future of aviation and the challenges of bootstrapping a company through the financial crisis.
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