A Short History of Fractional Ownership for Yachts, Resorts, Cars

Although fractional ownership appears to be a new concept, smart people have shared the expense of luxury for decades. The concept works so successfully that the number of people who can enjoy the the better things in life has grown immensely.

There are many different types of fractional ownership, from jets and yachts to vacation properties, exotic cars and even race horses! They all have several things in common: luxury, excitement, reduced risk annd expense, and pleasure.

Fractional ownership of jets dates back to 1964 when a group of prominent individuals, including General LeMay, Arthur Godfrey and Jimmy Stewart joined together to create Executive Jet Aviation. This company flourished, and evolved into Netjets, branching out to reach corporate executives and wealthy individuals. Netjets was purchased by Warren Buffet's Berkshire Hathaway, Inc. for $725 million dollarsin 1998 .

Fractional ownership is an attractive option to the luxury market with four star resorts throughout the world, including the Ritz Carlton properties and many of the finest resorts near beaches and ski resorts. If your interest is in exotic cars, consider fractional ownership in a Pagani Zonda F Roadster or the Lamborghini Gallardo Spyder.

If your interests are in blue water and great yachting, consider fractional ownership with Naples Yacht Partners and you, too, will discover all the pleasure of owning an 80 foot yacht. Relax, and leave the work to Naples Yacht Partners.