Top 5 Private Jet Owners in Europe: Soaring High with the Continent’s Elite Billionaires

In the world of ultra-wealthy Europeans, private jets aren’t just a mode of transport—they’re symbols of power, convenience, and unbridled luxury. From Russian oligarchs shuttling between megayachts and business empires to UK-based tycoons jetting off to global deals, these high-fliers own some of the most impressive aircraft fleets on the planet. At Safe Fly Aviation, we’re passionate about all things airborne, and in this blog, we’ll dive into the top 5 private jet owners in Europe as of 2025. We’ll explore their backgrounds, fleet details, and the jaw-dropping features that make their skies truly private. Whether you’re dreaming of your own wings or love a good billionaire tale, this read will take you on a thrilling journey through Europe’s elite aviation scene.

1. Len Blavatnik: The Media Mogul with a Sky-High Fleet

Topping our list is Sir Len Blavatnik, the Ukrainian-born billionaire who holds British and American citizenship and calls London home. With a net worth exceeding $30 billion from investments in chemicals, music (via Warner Music Group), and sports (owner of DAZN), Blavatnik’s private jet collection is as diverse as his business portfolio. His fleet includes at least four aircraft, making him one of Europe’s most prolific private jet owners.

• Boeing 767 (N673BF): This widebody beast, nicknamed after the Blavatnik Family, is the crown jewel. Valued at around $200 million, it boasts long-range capabilities for transatlantic hops, with custom interiors featuring conference rooms, bedrooms, and entertainment systems fit for a media king.
• Boeing 777-200 (N777UK): A former commercial airliner converted into a VIP transport, this jet can carry dozens in luxury and has been spotted at exotic locales like St. Maarten.
• Boeing 737-700: Often used for shorter European jaunts, it’s registered under his holdings and emphasises efficiency.
• Gulfstream G650 (N761LE): Perfect for quick, ultra-luxurious flights, with a range of 7,000 nautical miles and top speeds nearing Mach 0.925.

Blavatnik’s jets aren’t just for show—they support his globe-trotting lifestyle, from board meetings in New York to vacations in the Mediterranean. Fun fact: His Boeing 777 once made headlines for its dramatic departures from tropical airports, turning heads among aviation enthusiasts.

2. Roman Abramovich: The Oligarch’s Expansive Airborne Empire

Roman Abramovich, the Russian-Portuguese billionaire famous for owning Chelsea FC (until 2022) and amassing a $15 billion fortune in steel and investments, ranks high with his impressive multi-jet fleet. Despite sanctions and asset freezes post-2022 Ukraine invasion, his aviation assets remain legendary, often registered offshore for privacy.

• Boeing 787-8 Dreamliner (P4-BDL): Valued at about $350 million, this “flying palace” seats up to 50 in opulent style, complete with private suites, a gym, and advanced anti-missile systems.
• Boeing 767-300 (“The Bandit”): A $170 million customised widebody with bedrooms, offices, and entertainment hubs, ideal for long-haul travel.
• Gulfstream G650ER: A high-speed, long-range aircraft for efficient European and transcontinental flights, adding versatility to his collection.

Abramovich’s jets have sparked controversies, including tracking bans and sanction evasions, but they underscore his love for ultimate mobility. Imagine hosting business deals at 40,000 feet— that’s the Abramovich way.

3. Vladimir Potanin: The Mining Magnate’s Gulfstream Trio

Vladimir Potanin, Russia’s richest man with a $30 billion net worth from nickel mining giant Norilsk Nickel, keeps his fleet focused and elite. Based in Moscow but often travelling in Europe, his three Gulfstream jets prioritise speed, range, and discretion amid ongoing sanctions.

• Gulfstream G650 (OE-LUC): This flagship, worth around $70 million, offers a 7,500 nautical mile range and Mach 0.925 speeds, perfect for non-stop Moscow-to-London runs.
• Gulfstream G550 (OE-LPN): Built in 2013, this reliable mid-range jet handles European hops with luxury cabins and advanced avionics.
• Another Gulfstream G650: Doubling down on the model for redundancy, ensuring he’s always ready for global mining deals.

Potanin’s jets have made headlines for fleeing Moscow during political unrest, like in 2023’s Wagner crisis. His aviation choices reflect a no-nonsense approach: efficient, luxurious, and always on the move.

4. Alisher Usmanov: The Tech Tycoon’s Flying Palace

Alisher Usmanov, the Russian-Uzbek billionaire with a $15 billion fortune from metals, tech (including stakes in VK and Alibaba), and fencing (he’s president of the International Fencing Federation), owns one of Europe’s most extravagant single jets.

• Airbus A340-300 (M-IABU, “Bourkhan”): This $400 million behemoth, named after his father, features a $170 million custom interior with spas, cinemas, and gold accents. It seats dozens and has been sanctioned, yet remains a symbol of opulence.

While Usmanov may have more assets, this jet stands out as one of the world’s most expensive private aircraft. It’s not just travel—it’s an airborne mansion that rivals his $600 million yacht Dilbar.

5. Lakshmi Mittal: The Steel Baron’s Modern Marvel

Rounding out the top 5 is Lakshmi Mittal, the Indian-born steel magnate who resides in London and holds a $15 billion net worth as chairman of ArcelorMittal. His private jet ownership emphasises cutting-edge tech and long-range capability.

• Bombardier Global 7500 (G-LOBX): Delivered in 2021 and valued at $70-75 million, this ultra-long-range jet flies 7,700 nautical miles non-stop at Mach 0.925, with a spacious cabin including a main suite and conference area.
• Former Gulfstream G550 (VQ-BLA): Previously his go-to, now upgraded, but still part of his aviation history.

Mittal’s jets support his transcontinental steel empire, blending Indian roots with European luxury. Bonus: He’s known for gifting jets, like one to his wife!

The Sky’s the Limit: Europe’s Private Jet Phenomenon

These top 5 private jet owners showcase Europe’s blend of old-world oligarchs and new-age tycoons, with fleets totalling hundreds of millions in value. From Blavatnik’s versatile armada to Usmanov’s singular extravagance, their stories highlight how aviation fuels ambition. However, controversies like emissions and sanctions remind us of the grounded realities behind the glamour.

At Safe Fly Aviation, we admire these feats while advocating for sustainable flying. Curious about chartering your own jet or aviation safety? Check our services. Who’s your favourite high-flier? Drop a comment!