Wilkinson: 3G Capital sells corporate jets and mandates economy travel for executives
Andrew Wilkinson · Andrew Wilkinson On The Secretive Billionaire Who Acquired Burger King | My First Million #185 · May 25, 2021 · at 15:18
Andrew Wilkinson and Sam Parr discuss 3G Capital's aggressive cost-cutting culture and corporate restructuring playbook after taking over legacy enterprises.
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“The first thing they would always do whenever they buy a business is they sell all the private jets immediately. Right. And let's, let's be real. Most fortune, 500 companies have like between one and 10 private jets. And they just say F that we don't need those. They sell them and it's kind of a statement. And then from that point on the new CEO and all the executives, they have to fly economy. And they have to stay in motels”
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