Luxury air travel has evolved far beyond reclining seats and champagne service. In the uppermost tier of private aviation, aircraft resemble five-star hotels with wings — complete with bedrooms, conference suites, and spa-like bathrooms. If you’ve ever wondered what qualifies as the most expensive private jet, you’re about to find out. We’re not just talking purchase prices, but also the charter costs, amenities, and global range that come with these flying palaces.
What Defines the Most Expensive Private Jet?
When determining the most expensive private jet, it’s not just about sticker price — although some models can exceed $500 million after customizations. It’s about what that investment gets you: range, comfort, technology, and exclusivity. Many of these jets are owned by celebrities, heads of state, or Fortune 100 CEOs. Others are available for charter by travelers who want a taste of that ultra-premium experience, without the commitment of ownership.
In this guide, we’ll look at base model prices for top-tier private jets, then move into the true giants — the VIP airliners that redefine what luxury in the sky can mean.
Most Expensive Super Midsize Private Jets
Super midsize jets offer long range, luxurious interiors, and performance fit for transatlantic trips. They bridge the gap between traditional midsize aircraft and heavy jets.
Challenger 3500 — Approx. $28 Million
An upgrade to the bestselling Challenger 300/350, this aircraft includes:
- Seating for 9 (or 10 with belted lavatory)
- Transatlantic range of 3,200 nautical miles
- Flat floor and advanced seating design
- One of the lowest cabin pressure altitudes in its class
Hourly charter cost: $5,300
Embraer Praetor 600 — Around $21 Million
One of the quietest cabins in the class and an impressive 4,018 nautical mile range make the Praetor a serious contender.
- Capacity: 8–10 passengers
- Charter cost: $5,200/hour
Cessna Citation Longitude — $26–27 Million
The largest aircraft in the Cessna lineup offers a spacious cabin and seamless connectivity.
- Seats up to 9 passengers
- Charter cost: $5,300/hour
These aircraft prove that you don’t need a Boeing to step into the realm of the most expensive private jet category.
Heavy and Ultra Long-Range Private Jets
When you’re crossing oceans — or continents — heavy jets provide space, privacy, and nonstop range.
Gulfstream G500 — Approx. $50 Million
Launched in 2018, the G500 delivers:
- A stand-up cabin with 3 zones, seating 13–15
- A range of 5,200 nautical miles
- Massive panoramic windows for natural light
- Fly-by-wire controls that make it a pilot favorite
Charter rate: $10,000/hour
Bombardier Global 7500 — Approx. $75 Million
The current king of range, the Global 7500 flies up to 7,700 nautical miles.
- 4-zone cabin with master suite and full-size bed
- Option for a stand-up shower
- Full galley, crew rest area, seating for up to 16
- High-speed Ka-band Wi-Fi
Hourly charter cost: $14,000
Dassault Falcon 8X — Approx. $65 Million
With its triple-engine setup, the Falcon 8X thrives in challenging environments and short runways.
- Range: 6,450 nautical miles
- Three-zone layout, standard 12–14 passenger seating
- Ideal for “hot and high” airports
For frequent fliers and long-haul charter customers, these aircraft are top picks in the most expensive private jet market.
VIP Airliners: Flying Mansions in the Sky
This is where things get truly extravagant. When celebrities or royal families buy the most expensive private jet, they often start with a commercial airliner and completely transform it. Think meeting rooms, spa-like bathrooms, gourmet kitchens, and private bedrooms.
Boeing Business Jets (BBJ)
Based on standard Boeing models, these VIP versions feature:
- Seating for 19–100 passengers
- Massive range: the BBJ 777X exceeds 11,500 nm
- Base cost: $400 million, customization can double it
Charter options include:
- BBJ 737: 19 pax, 5,985 nm, charter rate $18,000–$20,000/hour
- BBJ2 & BBJ3: longer cabins, up to 21 pax, similar pricing
Airbus Corporate Jets (ACJ)
Airbus rivals Boeing with its own luxury line:
- ACJ350: $300M–$375M, 11,100 nm, seats 25
- ACJ220: narrow-body option at $81 million
Charter options:
- ACJ320: 19 pax, 4,950 nm, $21,000–$24,000/hour
- ACJ319: 19–50 pax, up to 6,000 nm, $18,000–$20,000/hour
With ceiling heights around 7 feet and cruise speeds above 470 KTAS, these aircraft combine commercial power with presidential-level comfort.
Should You Buy the Most Expensive Private Jet — or Just Charter One?
Let’s say you’ve got the budget. Is it even worth owning the most expensive private jet?
Not always.
Owning a jet means managing:
- A full-time crew
- Hangar space
- Maintenance and repairs
- Insurance and fuel costs
That’s why more VIPs are choosing to charter instead. You still get all the luxury — with none of the long-term responsibility.
Need a jet for a week? A weekend? One unforgettable flight? Paramount Business Jets makes it possible. You can reserve one of the world’s most elite aircraft on demand — whether you’re departing from Houston or halfway across the world.