Richard Branson Net Worth,Wiki,Career

Richard Branson Net Worth

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Celebrity Name:Richard Branson
Real Name:Sir Richard Charles Nicholas Branson
Gender:Male
Age:71 years old
Date Of Birth:18 July, 1950
Birth Place:Blackheath, London, United Kingdom
Marital Status:Married
Profession:Investor, Author, Philanthropist, Businessman
Net Worth in 2022:$5.5 Billion

Richard Branson Net Worth

Richard Branson is a British investor, entrepreneur, actor, philanthropist, author, and producer. Richard Branson is the CEO and founder of Virgin Group, which controls over 400 companies including airways, megastores, mobile and galactic.

He is one of the richest people in Britain. Richard Branson started 50 years ago with a mail-order record store. He was once placed on Time’s 100 most influential people in the world list.

Richard Branson’s net worth is $5.5 billion.

Early life

Richard Branson’s full name is Sir Richard Charles Nicholas Branson. He was born on 18 July 1950, in Blackheath, London, to Edward Branson and Eve Branson. His father Edward was a barrister and his mother Eve was an air hostess. He has two younger sisters, Venessa Branson and Lindy Branson. His grandfather was a judge of the High Court of Justice and a  Privy Councilor.

Richard attended Stowe School in Buckinghamshire. Richard Branson has a reading disorder called dyslexia. On his last day at school, his headmaster told him he would either end up in prison or become a millionaire. At the age of 16, he quit his studies to pursue his interest in entrepreneurship.

Career

At first, he started to grow and sell Christmas trees and Budgerigar but he failed. In 1966, he started a magazine called “The Student”. The magazine became very popular, and a year later Branson’s net worth was approx £50,000. He interviewed several celebrities for the magazine. He started advertising popular records and albums within the magazine. The magazine became popular under the name “Virgin”.

In 1971 he started his first record store in Oxford, London. After the success of the record store, he launched a label called “Virgin

Records” with Nik Powell. They created a recording studio called “The Manor Studio”. Virgin records sign many bands and artists like Rolling Stones, Paula Abdul, Peter Gabriel, Sex Pistols, TC, UB40, and Steve Winwood. By 1979, Branson’s net worth was approx £5 million. In 1982 virgin bought a gay nightclub “Heaven”. In 1992 virgin label was sold to EMI Group. Ltd. for £500million.

1981, during his first trip to Puerto Rico. His flight was canceled, so he chartered his plane, offered a ride to other passengers, and charged them a small fee of $39 to cover the cost. In 1984, he founded the airline company “Virgin Atlantic Airways”, and from there he launched Virgin Cargo  Virgin Holidays and Virgin Trains. In 1996 he acquired Euro Belgian Airlines and renamed it Virgin Express.

In 1999, Branson launched Virgin Mobile. Branson announced the formation of Virgin Galactic in 2004,  and Virgin Galactic is a space exploration company. He signed a deal with SpaceShipOne and made the flight available to the public for $200,000.

Virgin group controls over 400 companies. Richard Branson also appeared in several movies and TV shows. He has donated over $300 million to different charities, foundations, and environmental protection organizations.

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Awards and Achievements

In 1992 he was awarded the Golden Plate Award of the American Academy of Achievement. On 30 December 1999, Branson was honored as Knight Bachelor by Queen Elizabeth ll. He won the Tony Jannus Award for his accomplishment in commercial air transport. In 2007 he was on the list of Times magazine “100 most influential people in the world”. In 2012 he received the National Academy of Recording Arts and Science award for his contribution to the music industry. In 2011 he won the German media prize.

Personal Life

Richard Branson married Kristen Tomassi in 1972 and divorced in 1979. In 1976, he met Joan Templeman, the couple had two children before marrying in 1989 on Necker Island. Branson’s mother died at the age of 96 due to COVID-19.

Richard Branson is the author of several books such as Losing My Virginity: How I’ve Survived, Had Fun and Made a Fortune Doing Business My Way Let’s Do It, Business Stripped Bare, Reach for the Skies: Ballooning, Birdmen and Blasting Into Space, Screw Business As Usual, The Virgin Way.

In 1971, he was convicted and jailed for tax evasion.

Richard Branson holds his wax statue at Madame Tussauds museum, London

Earnings

Richard Branson is the owner and founder of one of the largest conglomerate companies in the world. Virgin Group of Companies controls over 400 companies in different sectors.

Richard Branson’s net worth is $5.5 billion.

He is one of the richest people in Britain. In 1976, he bought 74 acres of Necker Island. He also owns the most luxurious home in the Swiss Alps.

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