Marcus Halloran
What does enough actually look like?
After the £180M exit, Marcus stopped counting. We asked him what changed first — and what he didn’t expect to lose.
00:12 Anthony Steve, you've been doing this for forty years. The first time you sold a jet, what was that day like?
00:31 Steve First sale was 1984. A Citation. The buyer was a Chicago commodities trader and he came in wearing the exact same suit he'd worn the day before. I remember thinking — that's a man who's about to spend twelve million dollars and he doesn't care what he looks like.
02:08 Fintan Was that the moment you knew this was your business?
02:14 Steve No. The moment was a year later. A heads-of-state deal that took eleven months, and on the morning of the closing the buyer's wife rang me directly to ask if she could change the leather. That was when I understood what the job actually was.
05:42 Anthony Talk to us about the showroom on Hyde Park Corner. Why a showroom for jets?
05:55 Steve Because nobody had ever done it. Aircraft were sold in hangars, in private offices, on tarmac. I wanted somewhere a billionaire could walk in off Park Lane on a Tuesday afternoon, sit in the cabin of a Global, and decide.
13:00 Fintan Royalty, founders, heads of state — what's the common thread?
13:14 Steve Time. None of them buy a jet. They buy hours back. Three hours a week, fifty weeks a year, for the rest of their working life. You do the maths.
22:24 Anthony Tell us about a deal you walked away from.
22:36 Steve Three. The biggest was a sovereign wealth deal — eight aircraft, very large number. Something didn't sit right about the structure. I rang the chairman myself and said no. Lost the bonus, kept the firm.
32:14 Steve At this level, nobody's buying a jet. They're buying their time back.
34:00 Fintan What does fifty thousand feet teach you about people?
34:11 Steve That they tell you the truth up there. There's no PR, no advisor, no gatekeeper. It's just the cabin and a glass of water and the next four hours. Some of the most honest conversations of my career have happened above the Atlantic.
with Aiyana Ross
A founder takes twelve months off. No advisory boards. No angel cheques. What that does to a person.
At this level, nobody’s buying a jet. They’re buying their time back.
I rang the chairman myself and said no. Lost the bonus, kept the firm.
They tell you the truth up there. No PR, no advisor, no gatekeeper.
I wanted somewhere a billionaire could walk in off Park Lane on a Tuesday and decide.
Founder, The Jet Business · London
Steve Varsano founded The Jet Business in 2011, the first ground-floor corporate aviation showroom in the world, on Hyde Park Corner. Over four decades he has brokered aircraft for royalty, heads of state and self-made founders, building a reputation as the person the very wealthy call when they want to buy back their time.
He started selling aircraft in 1984 and has closed deals across six continents. On True Wealth he talks candidly about the sales he lost, the structures he refused, and the quiet conversations that only happen above the Atlantic.
What does enough actually look like?
After the £180M exit, Marcus stopped counting. We asked him what changed first — and what he didn’t expect to lose.
For four decades Steve Varsano has been the man billionaires call when they want a jet. Royalty, heads of state, self-made founders — they all...
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00:12Anthony Steve, you've been doing this for forty years. The first time you sold a jet, what was that day like?
00:31Steve First sale was 1984. A Citation. The buyer was a Chicago commodities trader and he came in wearing the exact same suit he'd worn the day before. I remember thinking — that's a man who's about to spend twelve million dollars and he doesn't care what he looks like.
02:08Fintan Was that the moment you knew this was your business?
02:14Steve No. The moment was a year later. A heads-of-state deal that took eleven months, and on the morning of the closing the buyer's wife rang me directly to ask if she could change the leather. That was when I understood what the job actually was.
05:42Anthony Talk to us about the showroom on Hyde Park Corner. Why a showroom for jets?
05:55Steve Because nobody had ever done it. Aircraft were sold in hangars, in private offices, on tarmac. I wanted somewhere a billionaire could walk in off Park Lane on a Tuesday afternoon, sit in the cabin of a Global, and decide.
13:00Fintan Royalty, founders, heads of state — what's the common thread?
13:14Steve Time. None of them buy a jet. They buy hours back. Three hours a week, fifty weeks a year, for the rest of their working life. You do the maths.
22:24Anthony Tell us about a deal you walked away from.
22:36Steve Three. The biggest was a sovereign wealth deal — eight aircraft, very large number. Something didn't sit right about the structure. I rang the chairman myself and said no. Lost the bonus, kept the firm.
32:14Steve At this level, nobody's buying a jet. They're buying their time back.
34:00Fintan What does fifty thousand feet teach you about people?
34:11Steve That they tell you the truth up there. There's no PR, no advisor, no gatekeeper. It's just the cabin and a glass of water and the next four hours. Some of the most honest conversations of my career have happened above the Atlantic.
— End of excerpt. Full transcript available on request.