Are those billionaires flying in the sky giving a stark reminder of climate inequality? Certainly yes. It showcases the disproportionate environmental impact of the wealthiest 1% related to their private jet emissions.
Private jets and yachts owned by top billionaires cause significant carbon emissions. It intensifies climate change and global pollution. The main problem with private jets is their carbon footprint which is much higher compared to commercial flights.
A 2021 report by the European Federation for Transport and Environment revealed that private jets are 5 to 14 times more polluting per passenger than commercial planes. They are also 50 times more harmful than trains.
Notably, some private jets release up to 2 tonnes of CO2/hour while an average person in advanced economies produces only 8.2 tonnes of CO2 annually.
So we scouted several credible resources and listed the top CEOs who are the most frequent private jet users with enormous carbon footprints. Take a look…
Eric Schmidt
Eric Schmidt, former Google CEO’s aviation habits reveal an unsustainable reality. In 2024, Schmidt’s Gulfstream G650 (tail number N652WE) embarked on 493 flights, covering 612,578 miles. It’s equivalent to circling the globe over 24 times. His air travel consumed 735,790 gallons of fuel, emitting 7,355 metric tons of CO2.
Elon Musk
Elon Musk, Tesla and SpaceX owner present a paradox. Despite advocating for environmental solutions through electric vehicles and solar energy, Musk’s private jet usage is totally a contrasting picture. His Gulfstream G650 (tail number N628TS) flew 320 times in 2024, covering 461,191 miles. These flights consumed 528,340 gallons of fuel and emitted 5,279 metric tons of CO2.
Musk’s air travel raises questions about his “climate-friendly” image. While his businesses focus on sustainability, his personal lifestyle reveals an excessive carbon footprint.
So, what do environmentalists think of Musk?
Bill Gates
Microsoft co-founder Bill Gates is renowned for his philanthropy and efforts to combat climate change. However, his private jet usage tells another story. In 2024, Gates’ Gulfstream G650 (tail number N887WM) logged 435,342 miles across 273 flights, consuming 478,920 gallons of fuel. This resulted in 4,787 metric tons of CO2 emissions.
Gates’ significant carbon footprint conflicts with his public stance on sustainability, drawing attention to the disparity between his advocacy and actions. Critics argue that such behavior undermines his efforts to address climate change.
Mark Zuckerberg
Meta’s CEO Mark Zuckerberg owns assets such as a superyacht and a $68 million Gulfstream G650ER. Despite banning jet-tracking activities on his platforms, Zuckerberg’s jet usage is under constant radar.
In just two days, his jet flew from California to Hawaii and back twice, consuming 2,328 gallons of fuel per trip and emitting nearly 70 tons of CO2 in total—equivalent to 15 years of car emissions.
Whether for business or personal reasons, Zuckerberg’s frequent flights draw much public criticism for his high-carbon lifestyle.
Jeff Bezos
Amazon founder Jeff Bezos’ collection of private jets continues to expand. His lavish aviation habits stand in stark contrast to Amazon’s sustainability goals. His latest purchase, an $80 million Gulfstream G650ER, contributes to the 2,908 metric tons of CO2 his jets emit annually. Well, this is more emissions than two Amazon employees would produce in their lifetime.
In November, last year, his flight departed from Teterboro Airport (TEB) in New Jersey, covering nearly 1,100 miles in two hours. The journey consumed approximately 920 gallons of jet fuel and released over nine metric tons of emissions into the atmosphere.
Larry Ellison
Last year in November, Oracle CEO’s jet took off from Palm Beach International Airport (PBI) in West Palm Beach, Florida. It covered more than 40 miles, lasted 1 hour, and burned 456 gallons of jet fuel. The flight produced nearly 4 metric tons of pollution.
This month the impact was bigger. His private jet took off from Santa Paula Airport (SZP) in California and flew to Palm Beach International Airport (PBI) in Florida. The 2,400-mile trip lasted nearly four hours, used about 2,000 gallons of jet fuel, and emitted 21 metric tons of CO2.
The Cost of Privilege on People and the Planet
This glitz and glam lifestyle of these billionaires inevitably fuels debates about their responsibilities in combating climate change.
A report from Oxfam International’s research reveals how the super-rich are responsible for a large share of aviation-related emissions. Since 1990, their actions have contributed to a $2.9 trillion loss in global economic output. Consequently, the Low- and lower-middle-income are the hardest hit, with a potential loss of up to 3% of GDP by 2050. But the high-income countries gain economically.
There are alternatives to reduce emissions, such as sustainable aviation fuel, hydrogen, and electric aircraft. These cleaner travel methods are easier to implement than alternatives for road transport.
The top CEOs show how their luxurious lifestyles harm the planet and widen global inequality. But what’s missing is probably accountability. The richest must lead by example on their sustainability for a greener future.