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Forbes presents the 2024 World's Billionaires List. View the richest people in the world and learn their net worth, age, country of residence, source of wealth, and more.
- Richard Branson
$0.72M (0.03%) Real Time Net Worth. as of 11/1/24. #1318 in...
- Richard Branson
- Bernard Arnault & family. $194.8 B 72 France.
- Jeff Bezos. $193.4 B 57 United States.
- Elon Musk. $153.2 B 49 United States.
- Bill Gates. $126.8 B 65 United States.
2 days ago · $0.72M (0.03%) Real Time Net Worth. as of 11/1/24. #1318 in the world today. Photo by AP. From the Editor. Richard Branson owes his fortune to a conglomerate of businesses bearing the...
Oct 2, 2024 · In all, the top 25 billionaires on The Forbes 400 list are worth a collective $2.5 trillion. They hold nearly half of the $5.4 trillion in total wealth of the entire 400.
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- The Bottom Line
Richard Branson started his entrepreneurial career at age 16 with a magazine, called Student, which interviewed celebrities. The magazine's first issue sold almost $8,000 worth of advertising.He dropped out of school to promote his magazine. In 1969, he started a mail-order record business that used the magazine office as an operating base.Branson ...
In 1970, Branson launched Virgin Mail Order Records. After a rocky start, he owned 14 record stores by 1972. He used the profits from his record store chain to found the music label Virgin Records in 1972. He earned his first million dollars in 1973 when Virgin recording artist Mike Oldfield sold over five million copies of his record, "Tubular Bel...
Virgin Books and Virgin Video were founded in 1981. Within two years, Branson's business empire included more than 50 different companies with combined sales of more than $17 million. In 1984, Branson paired with lawyer Randolph Fields to start one of his most famous companies yet, Virgin Atlantic.The airline gained a reputation for its fine custom...
In 1992, Branson reluctantly sold Virgin Records for $1 billion to keep Virgin Atlantic afloat. These were tumultuous years for Virgin Atlantic. Terrorist attacks kept people from flying, and larger rival British Airways engaged in what Branson called "a hostile campaign designed to cause permanent damage to Virgin." Branson successfully sued Briti...
In 2001, Virgin Group launched Virgin Mobile as a joint venture with Sprint Nextel.In 2020, Sprint shut down Virgin Mobile and transferred users to Boost Mobile. In September 2004, Branson turned his eyes to the sky again and joined forces with Burt Rutan, an American aeronautical engineer, to launch Virgin Galactic. The company would offer license...
Branson attributes his success to luck, speed, and hard work. His books and biographies cite his daredevil ideas, originality, willingness to buck norms, and his persistence. He never allowed inexperience to discourage him from being a dynamic and daring entrepreneur; he named his company Virgin because he and his employees were all new to the busi...
In June 2023, Forbes listed Branson's estimated net worth at US$3 billion. [ 5 ] On 11 July 2021, Branson travelled as a passenger onboard Virgin Galactic Unity 22 at the edge of space , a suborbital test flight for his spaceflight company Virgin Galactic.
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Jul 11, 2021 · What is Richard Branson’s net worth? According to Forbes, Branson is worth $6 billion USD (£4.3 billion) – and is number 478 on their real-time list of billionaires, as of July 2021.
