James Stephen Fossett (April 22, 1944 – September 3, 2007) was an American businessman and a record-setting aviator, sailor, and adventurer. He was the first person to fly solo nonstop around the world in a balloon and in a fixed-wing aircraft. He made his fortune in the financial services industry and held world records for five nonstop circumnavigations of the Earth: as a long-distance solo balloonist, as a sailor, and as a solo flight fixed-wing aircraft pilot.
A fellow of the Royal Geographical Society and the Explorers Club, Fossett set more than one hundred records in five different sports, sixty of which still stood at the time of his death. He broke three of the seven absolute world records for fixed-wing aircraft recognized by the Fédération Aéronautique Internationale, all in his Virgin Atlantic GlobalFlyer. In 2002, he was awarded the Gold Medal of the Royal Aero Club of the UK, and was inducted into the National Aviation Hall of Fame in 2007.
Fossett disappeared on September 3, 2007 while flying a light aircraft over the Great Basin Desert, between Nevada and California. Extensive searches proved unsuccessful, and he was declared legally dead in February of the following year.
In September 2008, a hiker found Fossett's identification cards in the Sierra Nevada Mountains, California, leading shortly thereafter to the discovery of the plane's wreckage. Fossett's only known remains, two large bones, were found half a mile (800 m) from the crash site, probably scattered by wild animals.
2002Jul, 2
Steve Fossett becomes the first person to fly solo around the world nonstop in a balloon.
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Events on 2002
- 16Jan
Osama bin Laden
The UN Security Council unanimously establishes an arms embargo and the freezing of assets of Osama bin Laden, al-Qaeda, and the remaining members of the Taliban. - 4Apr
Angolan Civil War
The Angolan government and UNITA rebels sign a peace treaty ending the Angolan Civil War. - 14Apr
Hugo Chávez
Venezuelan President Hugo Chávez returns to office two days after being ousted and arrested by the country's military. - 12May
Fidel Castro
Former US President Jimmy Carter arrives in Cuba for a five-day visit with Fidel Castro, becoming the first President of the United States, in or out of office, to visit the island since Castro's 1959 revolution. - 20Aug
Saddam Hussein
A group of Iraqis opposed to the regime of Saddam Hussein take over the Iraqi Embassy in Berlin, Germany for five hours before releasing their hostages and surrendering.