James Stephen "Steve" 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. He made his fortune in the financial services industry and was best known for many world records, including five nonstop circumnavigations of the Earth: as a long-distance solo balloonist, as a sailor, and as a solo flight fixed-wing aircraft pilot.

In 2002, he became the first person to fly around the world alone, nonstop in any kind of aircraft. He launched the 10-story high balloon Spirit of Freedom from Northam, Western Australia on June 19, 2002 and returned to Australia on July 3, 2002, subsequently landing in Queensland. Duration and distance of this solo balloon flight was 13 days, 8 hours, 33 minutes (14 days 19 hours 50 minutes to landing), 20,626.48 statute miles (33,195.10 km). The balloon dragged him along the ground for 20 minutes at the end of the flight.

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