He set up Virgin Mail Order which was operated from his magazine’s office. He started advertising for popular records in his magazine under the name Virgin. A year later he had a net worth of £50,000. His decision to leave school and invest time and effort in his business became fruitful. His parents were supportive of his business ideas from the beginning, which was very encouraging for him. He decided to drop out of school and began promoting and working more on his magazine. With only £100, he started his magazine called ‘Student.’ He interviewed celebrities for his magazines and sold copies worth around $8000 with the first issue. In the 1960s, he started working as an entrepreneur at a young age of 16. 11-year old Richard used to sell budgies at school with his best friend, Nick Powell. He had great entrepreneurship skills and a business mind from a very young age. Branson was a dyslexic child who suffered during his academic years. He was the eldest sibling and had two younger sisters. His father was a barrister and his mother was an air hostess. Branson's Early Lifeīranson was born on July 18 th, 1950 in London. Branson now has an estimated net worth of $4.9 billion.
Here is an overview of his early life how he built his net worth with his Virgin Empire. He is a source of inspiration for many people. The Virgin Group has over 60 companies in 35 countries, which is great progress.įrom an entrepreneur teen to billionaire, Richard Branson ventured his way to become a fine business magnate. Satellites for government and commercial uses.The Virgin Group expanded over the years with: Virgin brands started with Virgin Records in 1972. So it's no wonder that people get curious about Richard Branson's net worth. The English businessman is the founder of the Virgin Group. He's the man behind the Virgin brand, and he's among the world’s most famous business tycoons.
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