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What Is Richard Branson’s Net Worth? Read To Know More About Him

Richard Branson Net Worth

A $4 billion net worth is held by Sir Richard Branson, a British entrepreneur, philanthropist, and media personality. CEO of the Virgin Group Richard Branson made his fortune in this capacity. Additionally well known throughout the world is Richard Branson’s unconventional and risk-taking nature. Virgin Megastores, Virgin Galactic, Virgin Mobile, and Virgin Airways are some of Richard Branson’s business endeavours. Richard is also a well-known humanitarian and frequently plays himself in films and TV shows.

He made yet another expansion in 1999, this time including Virgin Mobile. He started the airline Virgin Australia a year later. The airline is currently Australia’s second-largest. He has since introduced a dozen spin-off businesses, such as Virgin America, Virgin Trains, and Virgin Fuels. He’s also started exploration venture known as Virgin Galactic.

Early Years

The eldest of three children, Richard Branson was born on July 18, 1950, in Blackheath, London. His younger sisters are two. His dyslexia made it difficult for him to do well in school. The headmaster famously predicted Richard would either go to jail or become a millionaire on his last day of school. Richard would confirm the forecast was accurate 5,000 times later.

Branson’s parents encouraged him in his endeavours because he had entrepreneurial traits at a young age. When Branson was 16 years old, he started a publication called Student. In January 1968, the first edition was published. Branson also launched a mail-order records business at the same time, operating out of the basement of his local church.

His Private Life

Branson wed Kristen Tomassi in 1972. The two separated in 1979. Before getting married in 1989 on Necker Island, he first met his second wife, Joan Templeman, in 1976. They had a daughter, Holly, in 1981, and a son, Sam, in 1985.

Branson’s Necker Island residence was damaged by Hurricane Irma in 2017 and rendered uninhabitable. The Necker Island house had suffered severe damage twice. The house caught fire in 2011 after being struck by lightning during Hurricane Irene.

Other Real Estate

In the Swiss Alps, in Verbier, Branson also owns The Lodge. According to some, the nine-bedroom chalet is the most opulent house in the Swiss Alps. It is well situated to benefit from the top-notch skiing and snowboarding. The Beckham family and Leonardo DiCaprio both went to the Lodge.

For about $14.3 million, Branson bought a Mallorca villa for the second time in 2015. He wants to turn the land into Europe’s top eco-resort.

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