Source: Fortune
Summary
According to Equilar, the majority of Fortune 500 CEOs are now flying private on the company dime. Company-provided private jet spending has soared 19% between 2021 and 2024. Data shows that corporate jet expenses at some blue-chip firms, such as Palantir and Meta, have increased significantly, with Palantir’s CEO Alex Karp’s private jet expenses reaching $17.2 million in 2025. Companies justify this spending as a personal security measure and a talent retention tool.
Our Reading
The numbers tell one story. CEOs are flying high on the company dime, with private jet expenses reaching new heights. Palantir’s Alex Karp’s $17.2 million private jet bill is a prime example. Meta’s Mark Zuckerberg’s private jet costs also increased significantly. Companies are justifying this spending as a necessary security measure, but it’s clear that private flying has become a standard perk for top executives. The private jet industry is taking off, and CEOs are reaping the benefits.
Author: Evan Null
