Thomas Flohr, VistaJetPBI has teamed up with intelligence provider
WealthInsight to provide a monthly profile of HNW figures in
different parts of the world. This month’s profile is of the Swiss
aviation tycoon, founder of VistaJet, Thomas Flohr

Biography

Flohr did not intend to
become a private aviation tycoon and spent the majority of his
business career in the financial services sector, falling into
aviation partly by accident.

Born in Erlenbach,
Switzerland, where his father was a teacher, he moved to Munich to
study business and political science. After graduating from
university, Flohr began a 14-year career at Comdisco, a
Chicago-based technology leasing firm.

When Comdisco filed for
bankruptcy in 2001 and was broken up, Flohr purchased its Swiss and
Austrian divisions and founded his own company, Comprendium Finance
SA, now a leading provider of IT equipment throughout the German
speaking world.

In 2003, Flohr bought his
first private jet; he painted it metallic, fitted a comfortable
interior and chartered it out. Within a year, his jet was almost
constantly chartered and so he bought another jet and did exactly
the same. Thus was born VistaJet.

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The company mainly
focuses on emerging markets. Flohr said, “In Asia you have billions
of people and maybe 200 to 300 private jets. Our typical client is
an ultra-high net worth individual worth $50m-plus.”

Today the fleet is over
30-strong and with a $2bn order backlog, it is set to double by
2015 to over 60 long-range aircraft.”

Key
facts

Wealth
overview

Family

Name

Thomas Flohr

Estimated
net

worth
($)

100m+

Marital
Status

divorced

Date of
birth

17 March 1960

Wealth
band

Centimillionaire

Children

1

Residency

Switzerland

Primary source
of wealth

Entrepreneurship

Katharina Flohr (née
Konecny) – Former wife

Divorced in 1996. ormer
jewellery editor of Tatler. The couple divorced in 1996. Katharina
is now creative and managing director of Fabergé, the jewellers

Languages

German, English

Primary position,
company

Owner, founder and chairman,
VistaJet Holding SA

Nina Flohr –
daughter

Born in 1987, Nina is
VistaJet’s brand director and is known for hosting legendary
parties

Wealth

Assets

Family

Private

VistaJets Holding
SA

Sole owner. Registered in
Switzerland and founded in 2004

Private

Comprendium Finance
SA

Founded after the bankruptcy
of former employer Comdisco in 2001. The operations in Switzerland
and Austria comprised 3% and 2%, respectively, of Comdisco’s
European assets and were valued, at the time, at $316m

Private

Airswift
SA

Founded by Flohr, designed
to hold and dispose of aircraft and aircraft parts. Registered in
Switzerland

Private

Global Art Holding
SA

A holding company, founded
by Flohr in St Moritz, which specialises in the purchase, holding
and sale of stakes in domestic and foreign companies

Private

RH1 SA

Registered in St Moritz and
founded by Flohr in 2010, it specialises in the purchase, holding
and sale of art objects. Flohr is the majority shareholder

Role

Company

Sector

Details

Owner, founder and
chairman

VistaJets Holding
SA

Aviation

 

President and
founder

Comprendium Finance
SA

Tech

Leases IT equipment in
Switzerland, Austria and Germany

Senior
vice-president

Comdisco
Inc

Tech

Managing director of
Comdisco Europe from 1992 to 1994 before becoming senior
vice-president and resigning in 2000