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Steve Wynn's continued life of luxury: exploring his private jet ownership

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Steve Wynn's continued life of luxury: exploring his private jet ownership
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Steve Wynn American real estate developer and art collector | Wikipedia

Steve Wynn is one of America's most notable business moguls. Known for his extensive offering of glamorous resorts, the 83-year-old developer is also known for his art collection, and his business endeavors were integral to the revitalization of the Las Vegas hotel industry.

Steve Wynn no longer holds any positions of authority within the business or political world. However, he still leads a life of luxury. Forbes reports that Wynn is worth $3.7 billion. He owns a wide variety of Rolls Royces, a number of multi-million-dollar houses, and received billions of dollars when he sold his shares in Wynn Resorts. In addition to his lavish vehicles and expensive paintings, he also owns a private jet.

Photo: Vytautas Kielaitis | Shutterstock N88WR is a 2018 Gulfstream G550. The aircraft is currently owned by TVPX Aircraft Solutions INC Trustee, a Salt Lake City-based firm offering support and financing services for private aircraft. While many private jets tend to be smaller aircraft sized to carry a few people across short distances, the N88WR is a serious machine with intercontinental capabilities and luxury inside to make long flights easy.

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Overview of the G550 An improved derivative of the Gulfstream GV (Roman numeral for five), the G550 first flew in 2001 and to date, Gulfstream has sold over 600 units. They have been sold to celebrities, companies, business executives, governments and militaries. Usually the aircraft are used for luxurious transport. However, the aircraft has also seen many orders from governments and militaries for VIP transport as well.

Gulfstream has even developed a version that can be used for electronic warfare, named the EA-37B Compass Call. This aircraft has nearly zero resemblance to the extravagant executive jet that it's based on, and it's a machine built for fighting rather than comfort.

The civilian aircraft is no longer in active production being replaced by the Gulfstream GVII family specifically the G600. Ten EA-37Bs are currently being produced for the US Air Force with two conversion orders from the Italian Air Force.

The G550 is a large long-range jet which competes with Bombardier Global Express

and is priced at tens of millions of dollars today Gulfstream dominates long- range business jet market with excellent products and strong brand name

propelling them top against competitors

Length

96 ft 5 in (29.39 m)

Wingspan

93 ft 6 in (28.5 m)

Height

25 ft 10 in (7.87m)

Capacity

19

MTOW

41.3T

Range

6 ,750 nm (12 ,500 km)

Service ceiling

51 ,000 ft Cruising speed Mach .80 - Mach .85 While original Gulfstream GV sold

relatively low numbers improvements made performance technology luxury rendered

Evolving on GV Gulfstream G550 featured number improvements appealing high-net- worth individuals Drag reduced changing wing contour redesigning cabin pressurization outflow valve An improved version Rolls-Royce BR710 engines save average gallons fuel per hour Moving main cabin door entry two feet forward reducing size avionics compartment creating more cabin space All this made jet more economical run adding range improving performance rendered original GV obsolete preferred variant Gulfstreams lineup A variant Rolls-Royce BR700 family BR715 powered Boeing its only application airliner With tall stance distinctive design stands airport ramp occupies However most private jet owners spend little time looking plane Rather whats inside counts Improvements mean ended up having cabin long substantially longer cabins wide high extra length comes two more signature oval windows long baggage hold provides plenty space everyones luggage leaving rest relaxation interior divided into three distinct living zones each fully customizable zones configured conference rooms work stations living rooms bedrooms crew rest area allows pilots receive some inflight legally take advantage incredible offered shower lavatory Up front cockpit features advanced fly-by-wire system controlled through linked yokes comes host innovations move st century such Two displays each pilot Cursor control devices aid navigating software rare feature time Heads-Up Display HUD allow view critical information while looking window new-at-the-Time Enhanced Flight Vision System becoming first certified factory technological innovations safest ever made design-related accidents throughout entire production run despite enough reach Europe west coast typically flies modest legs Using data Celebrity Flight Tracker usually domestically most recently flew March Las Vegas Harry Reid International Airport Van Nuys Southern California Just Polluting Flying Private emissions passenger high commercial Trip around mi km took little over hour emitted metric tons carbon dioxide Although burn less airliner due former smaller size commercial carry hundreds passengers Taking handful onboard even immensely wasteful per flying Ownership costs premier currently flying premium image comes price production succeeded new depreciated Using information broker planes today cost between million million Besides depreciation running astronomical owners pay fuel expensive pilots maintenance including engine overhauls Cost Bombardier Global buy run Other Jets While currently primary mode transport owned assortment past Corporate Investor reported took delivery fact first ever produced delivered later upgraded specifications sale Registration applied manufactured exported Marino years worn either personally operating numerous businesses shows records applied McDonnell Douglas branded Golden Nugget Casino notably used Boeing based MSN delivered subsequently sold kept registration later applied painted distinctive Resorts livery going forward owned wide cars valuable assets selling items Now older running famous brand resorts needs important deals making status symbol Photo Kevin Porter Fleet Overgoing person gets used comfort convenience offers tough taking airlines may influential beloved nearing end life makes sense comfortable doesnt fleet anymore most gone man traveling excellent choice Learn Private aviation

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