Richard Branson is a famous British entrepreneur, investorđ°Â and businessman.
He foundedđ±Â the Virgin Group in the 1970s, which controls more than 400 companies in various fields.
Branson specificallyâ chose the word âVirginâ for the reason that he was new at business.
Early Life
Branson suffered from dyslexiađ during his childhood and had a poor academic record.
He dropped out from the schoolđ«Â and become an entrepreneur.
His first business venture was the launch of a magazine called Student when he was just 16đš.
Phenomenal Rise
Branson launched his record label âVirgin RecordsđŒâ in 1972.
He started the Virgin Atlantic Airwaysâ in 1984 followed by Virgin mobile services in 1999.
In 2004, he founded spaceflight corporation Virgin Galactic, which is designed for space tourismđšâđ.
An adventurer and a showman
Branson is known for his publicity stunts and his world record-breaking attemptsâ.
In 1987, he along with a teammate became the first team to cross the Atlantic Oceanđ in a hot air balloon.
He then repeated that featâ over Pacific Ocean in 1991.
Facts and Figures
As per Forbes estimates, Branson had a net worth of $5.1 billionđ in April 2018.
Virgin Group presently has over 70,000 employeesđ·ââ.
Itâs 2016đ revenue was $25 billion.
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