Richard Branson, a British billionaire, entrepreneur, and commercial astronaut has a net worth of $4.1 billion as of 2022.
He is the mastermind behind the Virgin brand, which began in 1972 with the release of Virgin Records. The business magnate is the founder and chairman of the Virgin Group, which has operations in over 35 countries and employs over 60,000 people.
Virgin group has over 40 companies operating in various industries, including airlines, wireless communications, radio stations, hotels, health clubs, financial services, renewable technologies, and a Formula One team.
Today’s article will cover everything you need to know about the business magnate.
Richard Branson has amassed wealth via a conglomerate of companies, including Virgin Atlantic and Virgin Galactic.
His father was a lawyer and his mother was a flight attendant; he came from a modest family. Branson began his career with a mail-order record business over five decades ago.
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- At age 16, Branson founded his first magazine.
- Necker Island in the British Virgin Islands is his residence.
- In 2016, Alaska Air acquired his company Virgin America airline, which he was unable to prevent due to a lack of opposition votes.
- On July 11, 2021, he was the first person to fly into space in a rocket plane. His own company, Virgin Galactic, manufactured the aircraft.
Richard Branson was born in Blackheath, London, in 1950. Due to dyslexia, he performed poorly in his studies. On his last day of school, his headmaster predicted that he would either become a millionaire or end up in prison.
Branson’s ambition since childhood was to become an entrepreneur. At the age of 16, Branson founded the magazine Student.
His small record store achieved tremendous success and was profitable due to its low operating expenses. He named his company “Virgin” because those associated with him had virtually no life or business experience.
Branson’s Virgin brand grew exponentially in the 1980s as he launched Virgin Atlantic and expanded his Virgin Records music label.
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A few years later, Branson established the Virgin Rail Group and launched three franchises that operated from 1997 to 2019 for more than two decades.
In 2004, he founded Virgin Galactic, a company dedicated exclusively to space tourism.
In 2000, Branson was knighted at Buckingham Palace for “services to entrepreneurship” for his contributions to business as well as his humanitarian efforts. 2007 Time magazine list of the 100 most influential people in the world included him.
At the time of the writing of this article, Branson has 12.7 million and 4.7 million followers on Twitter and Instagram, respectively.
Vehicle and Aircraft assortment
Richard Branson’s collection of automobiles, aircraft, and submarine is unique. Here is a selection from his collection.
- Humber Super Snipe Aquada Fisker Karma
- British Morris Mini-Minor Saab 9-5 BioPower Range Rover Astronaut Edition 1968
- Richard Branson Yacht
- Richard Branson’s Private Falcon 900EX Aircraft
- Richard Branson Jet Necker Nymph – Sub Marine