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The plane is powered by two Rolls-Royce BR710 C4-11 engines, while the cockpit has a PlaneView flight deck with a Head-Up Display (HUD) and Enhanced Vision System (EVS) to improve the pilot's situational awareness.

"There are too many examples to count of how the airplane has helped me," Cuban said in an interview with Business Jet Traveler. "Flying out after a late-night game to be at a meeting the next morning. Leaving a meeting to get home in time for my daughter's first daddy-daughter dance. It's part of my life that I can't be without.

Cuban, who has since added two more private planes to his collection, is not the only billionaire who thinks the purchase is worth it. Self-made billionaire Oprah Winfrey says her No. 1 indulgence is a private jet.

"I would say having your own airplane is the greatest luxury," Winfrey told Edward Enninful, the editor-in-chief of British Vogue. "Because it means one minute you're in New York, and then the next minute you say, 'You know Edward, I think I'll fly to London.'"

At the end of the day, "time is the one asset we simply don't own," Cuban wrote for Men's Fitness. That's why a "brutally expensive" private plane that "saves me hours and hours" is completely worth the price.

The Gulfstream V was also the plane of choice of Apple's late founder Steve Jobs. Apple gifted the tech industry legend with the plane, along with ten million company shares, instead of a pay raise in 2002.

The second jet in Mark Cuban's collection is a 28-year-old Boeing 757, which he acquired for $36 million to transport his NBA team, the Dallas Mavericks. Cuban purchased the Mavericks in 2000, shortly after buying the G550. While refusing to offer details on how the plane is outfitted, Cuban says he came up with the strategic vision for the plane, specifically focusing on providing space for players taller than seven feet.

The G5 Jet: Most people know that very few people fly private and even fewer own the actual jet they fly in. Partly because the expense is astronomical. Based on numerous phone calls to used plane brokers, we have found that most G4 used jets start at about $3.7 million and while you can customize them in just about every way, the actual cost of a fairly decent new G650 can be as high as $72 million in their stock form. If you like customizing cars, wait until you actually see the millions of different options private planes offer you and the extremely expensive cost of each. 041b061a72