Many researchers have exposed the political influence of inherited-wealth dynasties, the strategies they deploy to protect their assets from taxation, and their continued exploitation of the philanthropic sector for their own benefit. But few have captured how wealthy heirs and heiresses disproportionately burn up our planet through their private aircraft activity.
Our analysis of Wealth-X’s database reveals that there are approximately 760 high net worth individuals in the United States who, thanks to their inherited wealth, have an ownership stake in at least one private jet.
Thirty-three of these inheritors are native to, reside in, or own a second home in the state of Massachusetts — eleven of them have made use of Hanscom Field since 2022 began.
Our Hanscom High Flyers report takes a comprehensive look at the flight activity of those who fly private from Hanscom Field, profiling the twenty most frequent high flyers over an eighteen-month period.
Two spots in the top twenty are occupied by two Massachusetts heirs, John Fish and Arthur S. Demoulas. Both are billionaires and, between them, they burned more than 3,000 tons of CO2 just by flying in and out of Hanscom.
The carbon footprint of the other eleven Bay Staters with dynastic wealth is approximately 1,964 metric tons, bringing heir pollution at Hanscom to an estimated 5,035 metric tons. This estimate does not even include the carbon footprint of non-Massachusetts heirs.