Newsprint billionaire Peter Brant has reportedly been firing Interview staff left and right, to cut costs. But he still had $50 million for a new 15-passenger private jet, we're told.

There's no doubt art-collector Brant is trying to rein in expenses at his pet magazine, which he acquired from Andy Warhol's estate nearly 20 years ago. When co-editorial director Fabien Baron left last week, hot on the heels of former publisher Andy Katz, insiders told Women's Wear Daily Baron had been pushed out in part because he was was too pricey. Wrote WWD:

Interview’s bottom line was not as large as had been expected to cushion those big expenditures — particularly Baron’s pricy fashion spreads