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Sir Richard Branson has an estimated net worth of $5.6 billion as of April 2016, according to Bloomberg. The son of a barrister and a flight attendant dropped out of Stowe School at age 16 to start an arts and culture magazine called Student. In 1970 at age 20 he founded a mail-order record retailer called Virgin.
He later opened a record shop and recording studio, which became retail chain Virgin Records and record company Virgin Music. His Virgin Group empire now includes 200 companies in 30 countries, spanning airlines, music festivals, mobile companies and other businesses. Today Branson owns two private Caribbean islands, Necker and Mosquito.
Earnings & Financial Data
|
Date |
Category |
Description |
Amount |
|---|---|---|---|
|
2013 |
Asset |
Investment at Blaze, a bicycle innovations company, along with 2 participants |
$500,000 |
|
2013 |
Asset |
Investment at Expa along with 16 participants |
$50,000,000 |
|
2012 |
Sale of Asset |
Value of Virgin Media when sold to Liberty Global |
$23,300,000,000 |
|
2011 |
Asset |
Investment at Hailo along with 9 participants |
$30,600,000 |
|
2011 |
Asset |
Investment at Codecademy along with 6 participants |
$10,000,000 |
|
2011 |
Asset |
Investment at MySocialCloud.com along with 3 participants |
$1,000,000 |
|
2010 |
Asset |
Investment at Square along with 1 participant |
$3,000,000 |
|
2003 |
Earnings |
Ticket price for spaceship One to take paying passengers into space |
$200,000 |
|
1977 |
Asset |
Value of his property in Necker Island, the British Virgin Islands |
$180,000 |
