Introduction: Who is Zuber Issa?
Zuber Issa is a British billionaire entrepreneur of Indian origin, who co-owns the EG Group – a global convenience store retailer with over 6,000 locations worldwide. Born in Blackburn, Lancashire, in 1971, Zuber Issa started his career in his father’s petrol station, where he learned the ropes of the retail business. Today, he is a self-made billionaire with a net worth of $3.8 billion, according to Forbes.
The EG Group: A Success Story
Together with his brother Mohsin, Zuber Issa co-founded the EG Group in 2001, with a single petrol station in Bury, Greater Manchester. Over the years, they expanded their business by acquiring petrol stations and convenience stores across Europe, Australia, and the United States. In 2020, the EG Group made headlines by acquiring the Asda supermarket chain for £6.8 billion, in partnership with private equity firm TDR Capital.
Zuber Issa’s Private Jet: A Symbol of his Success
As a billionaire entrepreneur, Zuber Issa enjoys a lavish lifestyle that includes a luxurious private jet. While details about his private jet are scarce, it is known that he owns a Bombardier Global 6000 – a top-of-the-line business jet that can fly up to 7,900 miles non-stop. The Bombardier Global 6000 features a spacious cabin that can accommodate up to 16 passengers, as well as a full-service galley, a private stateroom, and a state-of-the-art entertainment system.
Why do Billionaires Prefer Private Jets?
Private jets are often seen as a symbol of wealth and luxury, but they also offer several practical advantages for billionaires like Zuber Issa. For one, private jets allow them to travel in comfort and style, without having to deal with the hassle and inconvenience of commercial airlines. Private jets also offer greater flexibility in terms of scheduling, as well as the ability to fly to remote or hard-to-reach destinations. Finally, private jets offer a higher level of privacy and security, which can be especially important for high-profile individuals.
The Cost of Owning a Private Jet
While owning a private jet may seem like the ultimate luxury, it comes with a hefty price tag. The cost of a private jet can range from a few million dollars for a small jet to over $100 million for a top-of-the-line model. In addition to the purchase price, there are also ongoing costs to consider, such as maintenance, fuel, crew salaries, insurance, and storage. For billionaires like Zuber Issa, however, the benefits of owning a private jet far outweigh the costs.
Conclusion: A Life of Luxury
Zuber Issa’s private jet is just one example of the lavish lifestyle enjoyed by billionaires around the world. While it may seem extravagant to some, for billionaires like Zuber Issa, owning a private jet is a practical and necessary tool for conducting business and enjoying their leisure time. Whether it’s flying to exotic destinations, attending important meetings, or simply relaxing in style, Zuber Issa’s private jet is a testament to his success and his commitment to living life to the fullest.