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Kenn Ricci is a pilot whose obsession over four decades with aviation and luxe travel made him a billionaire. He has started businesses tied to almost every aspect of flying—his private-jet company Flexjet was recently valued at $4 billion after an investment by a private-equity firm backed by LVMH. So how does he think about money and wealth? WSJ sat down with Kenn Ricci to learn how he made his first million, what spending in his tax bracket looks like and more.
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