Portrait of Richard Branson

Rank #1507

Richard Branson

Net worth $2.8B

Virgin · United Kingdom

Born
Jul 18, 1950
Age
75
Source
Virgin
Residence
Necker Island
Citizenship
United Kingdom
Marital status
Widowed
Children
2
Education
Drop Out, High School

Net worth over time

Biography

  • Richard Branson owes his fortune to a conglomerate of businesses bearing the "Virgin" brand name, including Virgin Atlantic and Virgin Galactic.
  • The son of a barrister and flight attendant, Branson got his start with a mail-order record business some 50 years ago.
  • He primarily lives on a luxe British Virgin Islands retreat, Necker Island, which he bought for $180,000 in 1978.
  • Branson's rocket company Virgin Orbit, which went public in 2021 at a $4 billion valuation, went bankrupt in 2023 and sold its assets.
  • His digital bank Virgin Money was sold to Nationwide in 2024 for more than $3.5 billion.
  • When he sold Virgin Records for $1 billion in 1992, Branson ran down London's Ladbroke Grove crying, upset over parting with the business.
  • Branson suspended talks with Saudi Arabia over a proposed $1 billion investment into Virgin Galactic after the disappearance of journalist Jamal Khashoggi in 2018.

Financial assets

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