Richard Branson

Richard Branson Net Worth is $5 Billion

Nicknames: Richard Charles Nicholas Branson, Sir Richard Branson

Date of birth: the 18^th of July, 1950

Profession: Businessperson

Nationality: United Kingdom

Source of wealth: Virgin Group

Some people have talent to music and the others – to acting. Richard Branson is a person, who has a talent to moneymaking. Now he can boast with $5 billion net worth. He makes money since school age, and it seems he can’t stop earning.

Being a business mogul now, Richard Branson was incredibly unpopular at school. He suffered from Dyslexia, and that’s why got the lowest grades. At the tender age of 16 Branson was dropped out from school. It was his chance to start making money, and he used it.

The first Branson’s gig was his own magazine “Student”, which was aimed to the young public. Then he sold the advertisement on the first page for $8, 000. He gave the magazine for free to students in the streets and thus he managed to propagate his issue and got some profit from the advertisement.

His first income from magazine selling Branson spent to open a record shop in Oxford Street, London. The new project was successful, so soon Richard managed to open Virgin Records studio. Thus he started his famous Virgin Group.

Now Richard Branson controls just some enterprises of his famous brand. In 1992 he sold Virgin Records for $1 billion. The same he did with some other branches of Virgin. But he continues to open new projects. For example, in 2014 he founded Virgin Galactic. The company is aimed to develop space tourism in the world. Although the first fly of Virgin Galactic was not successful – one of the pilots was killed and the other was injured, still Branson hopes to realize his idea and to send ordinary people to the open space.

Richard Branson has his own ups and downs, he is known by his evil temper, but in any case he is a person of success, so his story can serve as an inspiration for others.