Crucial Moments That Changed the Lives of Rich Entrepreneurs
6. Paul Stoddart
Airline Magnate and Owner of Miranda F1 racing team
Incident: A friend told that the VIP fleet was up for sale
In 1989 one of Paul’s friends told him the Australian government’s VIP fleet was up for sale. He bought the five plane fleet from the government along with the spare parts that they were throwing in. A deal of lifetime for the aviation entrepreneur made him one of the biggest dealers in aircraft spare parts of the world.
