Richard Branson is a British Entrepreneur who founded Virgin Group, which controls over 400 companies of various domains. Richard Branson Net Worth 2023 is approximately estimated at $4.6 Billion. He is mainly regarded as a Business magnate born in London, United Kingdom, to parents Eve Branson and Edward James Branson. He married Joan Templeman in 1989 after separating from his first wife, Kristen Tomassi, in 1979. Know more interesting facts about the Richard Branson family, source of income, entrepreneurship, lifestyle, and such a manner.
Richard Branson Net Worth Today 2023
Richard Branson Net Worth Today 2023 is estimated to be $4.6 Billion, which he mainly earns from the organization he formed in February 1970 in London, United Kingdom. He was born on 18 July 1950 in Blackheath, Southeast London.
Richard Branson started with his magazine “Student” at 16. Interviewed celebrities and sold $8,000 worth of advertising. Later, in 1969, he launched a mail-order record company with Magazine Office as its main operating base. He established Virgin Mail Order Records in 1970. In 1970, he expanded to 14 record stores and eventually used the money made from the record store. Then, in 1973, he started the record company Virgin Records, which helped him to become extremely wealthy.
Richard Branson business empire grew in 1983, adding 50 companies with $17 million in combined sales. Richard Branson sold Virgin Records for $1 billion in 1992. Richard Branson sued British Airways in 1993 and won $945,000 for the losses he endured due to terrorist attacks. Additionally, British Airways gave Richard Branson $3 million in legal fees.
Richard Branson Profile
| Name:- | Richard Branson |
| Age:- | 73 years |
| Birth Date:- | 18 July 1950 |
| Birth Place:- | Blackheath, Southeast London, United Kingdom |
| Height:- | 5 feet 11 inches |
| Weight:- | 87.5kg |
| Mother:- | Eve Branson |
| Father:- | Edward James Branson |
| Siblings:- | Lindy Branson, Vanessa Branson |
| Net Worth:- | $4.6 Billion |
| Nationality:- | British |
| School:- | Scaitcliffe School , Cliff View House School, Stowe School |
| Marital Status:- | Married |
| Spouse:- | Kristen Tomassi (married 1972; divorced 1979) ; Joan Templeman (married 1989) |
| Kids:- | Daughters : Holly Branson; Clare Sarah Branson(She died after four days of birth)
Son : Sam Branson |
| Profession:- | Entrepreneur, Author, Businessman, Astronaut, Philanthropist, Balloonist, Investor |
| Organizations Founded:- |
V2 Records, Virgin Atlantic, Virgin Media Ireland, Virgin Galactic, Virgin Australia Airlines, Virgin America, Virgin Active, Virgin Orbit, Virgin Mobile, Virgin Plus, Virgin Megastore, Virgin Classics, Virgin Money, Virgin Atlantic Holidays, V2 Records, Caroline Records, Virgin Unite, Virgin Australia Holidays, Virgin Balloon Flights, Virgin Experience Days, Air Nigeria |
| Production Companies:- | V2 Records, Virgin Media Ireland, Virgin Produced |
| Richard Branson Home:- | Necker Island |
| Cars:- | Humber Super Snipe, Aquada, Fisker Karma, and Range Rover Astronaut Edition |
| Awards:- |
Golden Plate Award of the American Academy of Achievement(1992); Doctor of Technology from Loughborough University(1993); Tony Jannus Award(2000); Ranked among 100 Most Influential People in The World(2007); German Media Prize(2011); ISTA Prize(2011); President’s Merit Award(2012); Peace Award(2014); International Crisis Group Chairman’s Award(2015); Hollywood Walk of Fame(2018); |
| Bibliography:- |
Losing My Virginity: How I’ve Survived, Had Fun, and Made a Fortune Doing Business My Way(1998); Screw It, Let’s Do It(2006); Let’s Not Screw It, Let’s Just Do it: New Lessons for the Future(2007); Business Stripped Bare(2008); Arctic Diary: Surviving on Thin Ice(2008); Reach for the Skies: Ballooning, Birdmen and Blasting into Space(2010); Globalization Laid Bare: Lessons in International Business(2010); Screw Business as Usual(2011); Like a Virgin: Secrets They Won’t Teach You at Business School(2013); The Virgin Way: How to Listen, Learn, Laugh and Lead(2014); Finding My Virginity(2017) |
| Hobbies:- | Kitesurfing, Reading Books, Making Money |
Richard Branson Social Media Account
| Facebook- | Richard Branson |
| Instagram- | richardbranson |
| Twitter- | @richardbranson |
Richard Branson Biography
Richard Branson is a British businessman, investor, and philanthropist. He is the founder of the Virgin Group, which comprises more than 400 companies, including Virgin Atlantic and Virgin Galactic. Branson started his first business, a magazine called Student, at 16. His father, Edward James Branson, was a barrister, and his mother, Eve Branson, was a former Ballet dancer and an Air Hostess.
He has two sisters, Lindy Branson and Venessa Branson. His grandfather George Arthur Harwin Branson, was a Privy Councillor and the High Court of Justice judge. After many failed attempts, he started a magazine in collaboration with Nik Powell in 1966. He started a record store and then the record label Virgin Records.
Additionally, he owns many renewable energy, travel, and health businesses. Branson is well-known for his daring and attention-seeking stunts, such as flying across the Atlantic in a hot air balloon and attempting to cross the English Channel more quickly than anyone else in an amphibious vehicle.
In addition to his business ventures, Branson is also involved in various philanthropic efforts, including creating the non-profit organization Virgin Unite, which focuses on entrepreneurship and social issues. The primary source of Richard Branson Net Worth is his organization Virgin Group, which controls over 400 companies of various domains.
In 1972, he launched Virgin Records. After leasing famous artists such as Mike Oldfield, whose copies of his debut album were sold and earned, Richard Branson also gained the popularity of Virgin Records. In 1979, his net worth was £ 5 Million at that time.
In 1982, Richard Branson purchased the gay bar, namely, Heaven. Moreover, he formed Virgin Atlantic and Virgin Cargo in 1984 and Virgin Holidays in 1985. In 1999, Branson launched Virgin Mobile and airline Virgin Blue in 2000. Virgin Blue is an Australian airline.
In 2004, Richard Branson signed a deal with space tourism and launched Virgin Galactic. In 2006, he formed Virgin Comics and Virgin Animation as an entertainment company. In 2007 he launched a new company, Virgin Media and Health Bank. In 2008, Virgin Healthcare was established.
Branson bought Makepeace Island, a property in Noosa, Australia, in July 2007. Branson announced the purchase of a 20% stake in Malaysia’s AirAsia X in August 2007. The Virgin Group introduced Virgin Hotels in 2010. In the United Kingdom’s Edinburgh, he opened his first hotel. During the time of Covid-19, he decided to keep Necker Island as the collateral for a commercial loan to save Virgin Atlantic.
Richard Branson earns a luxury private island named Necker Island. He went to space on July 11, 2021, through Virgin Galactic’s rocket-powered plane. He founded record labels such as Caroline Records, Virgin Classics, Virgin Records, V2 Records, and Front Line. He has a collection of luxurious cars such as the Humber Super Snipe, Aquada, Fisker Karma, and Range Rover Astronaut Edition. Richard Branson Net Worth in billion is mainly made through the profits gained through the Virgin group of companies.
Personal Life and Hobbies
Richard Branson married Kristen Tomassi in 1972, and the couple separated in 1979. After ten years, he again married Joan Templeman in 1989 on Necker’s Island. Before their marriage, the couple had three kids during their relationship. The couple has three children: two daughters and one son. One of his daughters, Clare Sarah, born in 1979, died only four days after birth; another daughter, Holly, was born in 1981, and a son, Sam, was born in 1985.
In 2007, University Life Church Monastery made Richard Branson a Minister. Moreover, from 2013 to 2017, he served as the President of the Old Stoic Society of Stowe School. He is fond of reading books, kiteboarding, and making money. Richard Branson is an experienced Kitesurfer and has set two world records.
The first record was as the oldest man to accomplish kitesurfing across the English Channel. In 2014, he broke the Guinness World Record by kitesurfing. He is also a professional cyclist. In 2016, he got injured from bike riding in the Virgin Islands, resulting in a cracked cheek and Torn ligaments.
Education and Qualification
Richard Branson attended Scaitcliffe School in Surrey before changing the school to Cliff View House School in Sussex. He attended Stowe School, an independent school in Buckinghamshire, until he was 16. He dropped out of school at 16 and started his first business, a magazine called Student. Despite not having a traditional education, he has been successful in business and is described as a self-made entrepreneur. He is known for his ability to spot opportunities and take risks, which has led to the success of the Virgin Group.
FAQ Regarding Richard Branson Net Worth 2023
Ques: What is Richard Branson Net Worth?
Ans: Richard Branson Net Worth is estimated to be approximately $4.6 Billion in 2023. He has earned a large amount of money by running his organization Virgin Group.
Ques: When was Virgin Group established?
Ans: Virgin Group was established in February 1970 in London, United Kingdom. It controls over 400 companies and has established over 40 companies under its name in various domains, such as Virgin Galactic, Virgin Records Label, Virgin Atlantic Airways, etc.
Ques: Where does Richard Branson currently stay?
Ans: Richard Branson currently stays at Necker Island in the British Virgin Islands.