Gulfstream G550

“The Gulfstream G550 and [the smaller and shorter-range] G450 are two great aircraft with two distinctly different missions,” says Michielli. “The G550 has 2,000 miles more range, which is a big difference. It will go all day long.

“There’s a big difference in price between the G550 and G450, so I’m going to buy a 450 if my mission is within the United States, and the Caribbean and occasionally Europe. I’m going to go with the 550 if I’m going to be flying to South America, central or southern Europe. That’s how I would look at these two airplanes; it’s just simply a matter of your mission.”

Range: 8,055 miles

Seating capacity: 18 (sleeps 10)

Average resale price: $26 million