Who is Richard Branson?
Sir Richard Charles Nicholas Branson (born 18 July 1950) is a British billionaire, entrepreneur and business magnate. In the 1970s he founded the Virgin Group, which today controls more than 400 companies in various fields.
What did Richard Branson do with Virgin Galactic?
In 2004 Branson formed Virgin Galactic, a space tourism company that was working toward offering commercial suborbital passenger flights. In 2006 Branson sold Virgin Mobile, a wireless phone service, though he remained the largest shareholder of the company, which was later renamed Virgin Media, Inc.
How did Richard Branson start Virgin Records?
British entrepreneur Richard Branson launched Virgin Records in the early 1970s, eventually building his business into the multinational Virgin Group. Born on July 18, 1950, in Surrey, England, Richard Branson struggled in school and dropped out at age 16—a decision that ultimately led to the creation of Virgin Records.
What companies does Richard Branson own?
Branson is founder of Virgin Group, a London-based investment and marketing company. The Virgin brand is attached to more than 40 companies, including airline Virgin Atlantic, Virgin Money and Virgin Galactic, which sells flights to space. Virgin Groups businesses have annual revenue of more than $22 billion.
When did Richard Branson open his first record store?
Branson opened the first Virgin Records store in 1971 and the accompanying recording studio in 1972. But Branson has never been a man to run only one business at a time. He was simultaneously taking on British Airways with his upstart airline, Virgin Atlantic, and that’s where he ran into trouble.
How did Richard Branson get the name Virgin?
The brand name “Virgin” — destined to enter in history — arose when Branson and Nik Powell formed a record shop. Branson and his colleague thought of themselves as virgins in business, hence the inspiration. Branson has described the “V” in the logo as an expressive tick, representing the Virgin seal of approval.
Who is Richard Branson?
Sir Richard Branson is the flamboyant entrepreneur behind the Virgin brand, which began with Virgin Records in 1972.
How did Richard Branson make his first million dollars?
He used the profits from his record store chain to found music label Virgin Records in 1972, and he earned his first million dollars in 1973 when Virgin recording artist Mike Oldfield sold over 5 million copies of his record, Tubular Bells.