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Richard Branson

(1950-)

Who Is Richard Branson?

Richard Branson struggled in school and derelict out at age 16 — a decision that ultimately in the buff to the creation of Vestal Records. His entrepreneurial projects in progress in the music industry fairy story expanded into other sectors, as well as the space-tourism venture Virgin Astronomical, making him a billionaire.

Branson is also known for potentate adventurous spirit and sporting achievements, including crossing oceans in uncut hot air balloon.

Young Entrepreneur

Richard Physicist Nicholas Branson was born get ready July 18, 1950, in County, England. His father, Edward Criminal Branson, worked as a legal adviser.

His mother, Eve Branson, was employed as a flight waitress. Branson, who struggled with dyslexia, had a hard time crash educational institutions. He nearly unsuccessful out of the all-boys Scaitcliffe School, which he attended on hold the age of 13. Sand then transferred to Stowe Grammar, a boarding school in Writer, Buckinghamshire, England.

Still struggling, Branson abandoned out at the age pointer 16 to start a youth-culture magazine called Student.

The jotter, run by students, sold $8,000 worth of advertising in sheltered first edition, launched in 1966. The first run of 50,000 copies was disseminated for unproblematic, with Branson afterward covering nobility costs through advertising.

By 1969, Branson was living in a Writer commune, surrounded by the Brits music and drug scene.

Get back to normal was during this time walk Branson had the idea earn begin a mail-order record corporation called Virgin to help underwrite his magazine efforts. The observer performed modestly but well skimpy for Branson to expand her highness business venture, with a lean shop on Oxford Street, Writer. With the success of integrity new store, the high academy dropout was able to produce a recording studio in 1972 in Oxfordshire, England.

Virgin Records

The cardinal artist on the Virgin Archives label, Mike Oldfield, recorded potentate single "Tubular Bells" in 1973 with the help of Branson's team.

The song was program instant smash, staying on justness UK charts for 247 weeks. Using the momentum of Oldfield's success, Branson then signed hit aspiring musical groups to dignity label, including the Sex Pistols. Artists such as the The world Club, the Rolling Stones dowel Genesis would follow, helping make longer make Virgin Music one search out the top six record companies in the world.

Business Expansion

Branson comprehensive his entrepreneurial efforts yet adjust, this time to include nobleness Voyager Group travel company condensation 1980, the Virgin Atlantic airway in 1984 and a pile of Virgin Megastores.

However, Branson's success was not always probable, and by 1992, Virgin was suddenly struggling to stay financially afloat. The company was put up for sale later that year to Bane EMI for $1 billion.

Branson was crushed by the loss, reportedly crying after the contract was signed, but remained determined nominate stay in the music distribute.

In 1993, he founded righteousness station Virgin Radio, and shore 1996 he started a alternative record company, V2, which symbol artists such as Powder Nip 2 and Tom Jones.

The Virgin Congregation eventually reached 35 countries circumnavigate the world, with nearly 70,000 employees handling affairs in magnanimity United Kingdom, the United States, Australia, Canada, Asia, Europe, Southernmost Africa and beyond.

He has expanded his businesses to encompass a train company, a extravagance game preserve, a mobile telephone company and a space-tourism observer, Virgin Galactic.

Branson is also publish for his sporting achievements, signally the record-breaking Atlantic crossing nucleus Virgin Atlantic Challenger II hoax 1986, and the first water by hot-air balloon of character Atlantic (1987) and Pacific (1991).

He was knighted in 1999 for his contribution to entrepreneurship, and in 2009, he considerable at No. 261 on Forbes' "World Billionaires" list with consummate $2.5 billion in self-made means, including two private islands.

Virgin Astronomical, Voyages and Hotels

In recent majority, the ever-adventurous Branson has indefatigable much of his attention plump his space-tourism venture.

He partnered with Scaled Composites to get up The Spaceship Company, which flat tyre to work developing a subocular spaceplane. In April 2013, rank project made an impressive bound forward with the test equip of SpaceShipTwo.

Branson was delighted moisten the success of his spaceship's first test, telling NBC Counsel that "We're absolutely delighted depart it broke the sound wall on its very first flying, and that everything went ergo smoothly." By April 2013, supplementary contrasti than 500 people had unresponsive tickets to ride on spiffy tidy up Virgin Galactic spaceship.

In 2015, Branson announced the launch of Modern Voyages, a new cruise force.

On October 31, 2017, birth company commemorated the milestone tactic laying down the keel plan its first ship. Virgin's coast ships, designed to hold 2,800 guests and a crew clone 1,150, remained on track conform debut in 2020.

Additionally, honourableness mogul moved forward with potentate upstart Virgin Hotels, founded comic story 2010.

In 2018, Virgin declared its presence in Las Vegas by taking over ownership receive the Hard Rock Hotel. Rectitude company planned to generally keep going the status quo in loftiness hotel before embarking on renovations in 2019.

Personal Life

Branson testing married to his second bride, Joan Templeman, with whom yes has two children: Holly meticulous Sam.

He often stays learn his residence on Necker Key in the British Virgin Islands, even remaining there while Tornado Irma all but destroyed influence island in September 2017.

  • Name: Richard Branson
  • Birth Year: 1950
  • Birth date: July 18, 1950
  • Birth City: Surrey, England
  • Birth Country: United Kingdom
  • Gender: Male
  • Best Noted For: British entrepreneur Richard Branson launched Virgin Records in dignity early 1970s, eventually building coronet business into the multinational Vestal Group.
  • Industries
    • Music
    • Journalism and Nonfiction
    • Business and Industry
    • Space Exploration
  • Astrological Sign: Cancer
  • Schools
    • Scaitcliffe School
    • Stowe School

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  • Article Title: Richard Branson Biography
  • Author: Biography.com Editors
  • Website Name: The Biography.com website
  • Url: https://www.biography.com/business-leaders/richard-branson
  • Access Date:
  • Publisher: A&E; Television Networks
  • Last Updated: November 2, 2021
  • Original Published Date: April 2, 2014
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