What is Richard Branson’s net worth?

Sir Richard, 69, is said to have a net worth of around £3.8billion and is a self-made businessman who launched his company Virgin almost 50 years ago.

The Virgin boss was born in Blackheath, London, in 1950 and started his first venture, Virgin Records, in 1972, which he later sold to EMI in 1992 for £500million.

The dad-of-two has started up some very lucrative companies along the way, including Virgin Atlantic Airways in 1984 and Virgin Trains in 1993.

He also has a keen interest in space, and launched space tourism company Virgin Galactic in 2004, with the hope of offering future trips to space for £153,000 a go.

Sir Richard has also created Virgin Media, Virgin Racing and Virgin Comics.

Recently, the multi-billionaire was given his own star at the iconic Hollywood Hall of Fame for his achievements in music and entertainment.

But, with the coronavirus pandemic wreaking havoc on his businesses, in particular the Australian airline arm of Virgin, which went into voluntary administration.

Yet, Sir Branson revealed in an open letter that it would not be the end, instead a new beginning.

This post first appeared on thesun.co.uk

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