Gulfstream G650ER
Photo: James from Cheltenham, Gloucestershire · CC BY-SA 2.0 · Wikimedia Commons
EntrepreneursReported

Jack Ma’s Gulfstream G650ER

The Alibaba founder is reported to fly a Cayman-registered G650ER built in 2020, replacing an earlier Gulfstream G550. Alibaba disclosed in 2015 that it bought a Gulfstream for Ma's business use, one of the first Chinese tech firms to do so publicly.

$70M
Reported value
2020
Reported acquired
VP-CZM
Registration
7,500 nm
Range

What it costs to keep flying

If flown 300 hours a year, our model puts the annual bill at:

$9,710K
Crew, hangar, insurance, training
$1,700K
Fuel & maintenance (300 h)
$1,740K
Depreciation
$3,345K
Cost of capital (5%)
$2,925K

Estimate. Bespoke interiors, extra crew and hangar in premium locations push it higher.

The aircraft

Type
Gulfstream Aerospace G650ER
Class
Ultra-Long-Range
Range
7,500 nm
Max cruise
516 kts (Mach 0.93)
Passengers
14–19
Cabin
46.8 × 8.5 × 6.4 ft
New price
Fuel burn
470 gal/h

Sources: superyachtfan.com · bloomberg.com

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