Branson always knew that he wanted to be successful in the business world. He was born in Blackheath, southeast London, to a barrister father and a former ballet dancer mother, and he went to the elite Stowe School.
On his last day of school, Branson’s headmaster informed him that his dyslexia and ADHD would either send him to prison or make him a fortune.
He dropped out of school at age 16 and, in 1968, launched his first business, Student Magazine; by 1969, he was reportedly earning £50,000. Following that, we will discuss the wealth of Richard Branson.
What is Richard Branson’s Net Worth?
British entrepreneur, philanthropist, and media mogul Sir Richard Branson is worth $4 billion. As the head of the Virgin Group, Richard Branson amassed a fortune. Richard Branson is well-known for being both eccentric and risk-taking.
Richard Branson Net Worth
The Virgin Megastores, Virgin Airlines, Virgin Mobile, and Virgin Galactic are all parts of Richard Branson’s commercial empire. Richard is a well-known philanthropist and actor who has portrayed himself in a number of media.
Richard Branson has accomplished a lot in his life and profession. He started selling music from the office of The Student Magazine while he was still the magazine’s editor. His music store gradually outgrew his editing gig, and in 1971 he relocated to a larger location on Oxford Street.
The next year, he established Virgin Records, which rapidly became the label of choice for innovative musicians who wanted to test the limits of their audience. The pioneering Virgin Records record was “Tubular Bells” by Mike Oldfield.
It eventually peaked at No. 1 and stayed on the British charts for a total of 279 weeks. The S*x Pἰstols, Can, and Culture Club were just a few of the famous bands that Richard Branson signed.
Then, in 1984, he decided to go out on his own and start Virgin Atlantic Airways. In 1999, he added Virgin Mobile to his portfolio, marking another expansion. A year later, he established Virgin Australia as a commercial airline.
The airline has grown to become Australia’s number two carrier. He has since started 12 different firms under the Virgin brand. These include Virgin America, Virgin Trains, and Virgin Fuels. In addition, he has begun Virgin Galactic, a company dedicated to space travel.
Richard Branson Real Estate
The Lodge in Verbier, located in the Swiss Alps, is another Branson property. The chalet’s nine bedrooms make it the most spacious and magnificent residence in all of the Swiss Alps.
You might also find it interesting to read about the wealth of other celebrities, which is something else that we have covered here at Investopedia as well:
Its location is ideal for enjoying the area’s world-famous snow sports. The Lodge has hosted celebrities including Leo DiCaprio and the Beckhams.
In 2015, Branson spent over $14.3 million on his second mansion on the Spanish island of Mallorca. The land will be transformed into Europe’s premier eco-resort, according to his plans.
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