Richard Branson Net Worth, How did the founder of Virgin Group attain such fortune? Find out more interesting facts about Richard Branson Net Worth, his life and his career.
About Richard Branson
He is an English business magnate, and founder of the Virgin Group, which now controls over 400 companies. Richard began with a simple record store, and built Virgin into an absolute powerhouse, turning him into one of the richest men in Britain.
What is Richard Branson Net Worth? Read on to find out more about Richard Branson Net Worth.
|Full Name:||Richard Branson|
|Profession:||Founder of Virgin Group|
|Date of Birth:||July 18, 1950|
|Net Worth:||$5 Billion|
Richard Branson Early Life and Career
Richard Branson was born on the 18th of July, 1950, in London, England. He had two younger sisters, and his mother was an air hostess while his father was a barrister.
He struggled to focus and do well in school; so he made the decision at the age of 16 to drop out to pursue his interest in entrepreneurship.
In 1966, Richard decided to drop out of school to start ‘The Student‘ magazine. The magazine became very popular, and he even interviewed several celebrities for the magazine.
Richard Branson decided to start advertising popular records within the magazine and quickly found his niche. So this is when he started trading under the name Virgin, and the magazine was the first form of advertisement for Virgin.
However, the first record store was in Oxford, London, and shortly after the success of the record store, came the Virgin Record Label.
Highlights of Richard Branson Career
Dropped out of school to found ‘Student’ magazine (1966)
Founded Virgin (1970)
Virgin record label created (1973)
Virgin Books (1979)
Virgin Games (1983)
Virgin Atlantic Airways (1984)
Virgin Mobile (1999)
Knighted by Prince Charles of Wales (1999)
Richard Branson Net Worth
As of 2019, Richard Branson Net Worth is $5 Billion. Richard Branson Net Worth is mostly accumulated from the Virgin Group.
Richard Branson Favorite Quotes
‘You don’t learn to walk by following rules. You learn by doing, and by falling over.’
‘One thing is certain in business. You and everyone around you will make mistakes.’
3 Success Lessons from Richard Branson
Let’s take a look at the 3 success lessons we can learn from Richard Branson:
- Age Doesn’t Matter
Branson has proved that age doesn’t matter on both ends of the scale! Not only did he get his first business success at 16 years old, through which he was able to get Virgin Records up and running; but he’s also still living life to the fullest at the age of 61.
Also, he still plays sports regularly and even tries to break current world records, occasionally.
- Work for Free
Much of Branson’s success came from working for free when he was trying to get his foot in the door. If you’re willing to work for free, it shows that you love what you do; but it also gives you a better chance of being granted opportunities.
People will later see how valuable you truly are, and your earnings will be reflected by that fact.
- Love Your Business
I swear this is featured on almost every success lesson list imaginable; love what you do. Surprisingly, Branson cried when Virgin Records was sold to EMI. That’s how much love he had/has for his business.
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