Richard Branson Net Worth 2020
|Celebrity Name:||Richard Branson|
|Birth Name:||Richard Charles Nicholas Branson|
|Birth Date:||July 18, 1950|
|Birth Place:||Blackheath, London, England|
|Profession:||Business magnate ; Author ; Investor ; Philanthropist|
|Spouse (Name):||Joan Templeman|
|Children:||Holly ; Sam|
|Last Updated :||March, 2020|
This article is about the British business mogul, philanthropist, author and investor, Sir Richard Branson. He is the popular billionaire founder of the Virgin Group. Currently, Richard Branson is aged 69. His physical statistics are given as: height – 1.79m, and weight –87kg. At the end of this article, you would know all you need to know, concerning Richard Branson net worth, sources of income, background, personal and family life and many others
Richard Branson Early Life
Richard Branson’s full name is Sir Richard Charles Nicholas Branson. His birth name does not include the Knight title “Sir”. Richard Branson was born on the 18th of July, 1950 in Blackheath, London, England. His parents are Eve Branson and Edward James Branson. Richard Branson has two younger sisters.
Richard Branson Career Life
Richard Branson had been interested in business since he was young. This led him to establish his first business venture, at the age of 16, which was a magazine called Student. Richard Branson’s career revolves around his Virgin brand which skyrocketed in the 1980s when he began the popular Virgin Atlantic airline and expanded his Virgin Records music label.
Forbes has reported that Richard Branson is venturing into a new part in his career of transportation business. He is set to go into the cruise business with his Virgin Voyages which is planned to convey its first set of passengers in 2020.
Richard Branson Personal Life and Relationships
Richard Branson primarily resides in his luxe British Virgin Islands retreat, Necker Island. He purchased the real estate at the sum of $180,000 back in 1978. Judging by how long this has been, that amount would have been a huge fortune back then.
Regarding his marriage, Richard Branson got married to Kristen Tomassi in 1972. However, they got divorced in 1979. Thereafter, Richard Branson got married to his second wife Joan Templeman in 1989 on his Necker Island. Together, they have given birth to three children, one of whom died when she was four days old. The names of their children are Holly (born in 1981), Sam (born in 1985) and Clare Sarah (born & died in 1979).
Richard Branson Awards and Recognitions
In 1993, Richard Branson received an honorary degree of Doctor of Technology from the Loughborough University. In the year 2000, he received several accolades one of which includes the Tony Jannus Award for his contributions to commercial air transportation. In the same year, Richard Branson was also inducted into the International Air & Space Hall of Fame at the San Diego Air & Space Museum. In addition, the Business for Peace Foundation gave Richard Branson the 2014 Business for Peace Award on the 15th of May, 2014 in Oslo, Norway.
Richard Branson Net Worth 2020
According to Forbes, as of today 23rd of March, 2020, Richard Branson net worth stands at $3.5 billion, and he is ranked No. 478 on the Forbes list of Billionaires 2019. When compared to his former net worth of $4.8 billion as at 2015, Richard Branson’s wealth has experienced a decline over the years. The major source of Richard Branson’s fortune is his conglomeration of businesses under the Virgin Group.
Richard Branson net worth also comprises of several estates and homes. Richard Branson is the owner of a private game reserve, in Sabi Sand Reserve, South Africa. It covers an area of over 13,000 hectares. Also, Richard Branson owns a beautiful Kasbah Tamadot Hotel which is situated at the foothills of the Atlas Mountains, close to Marrakesh, Morocco. He reportedly acquired the real estate in 1998 while he was on a ballooning expedition. Furthermore, Richard Branson owns a grand retreat called “The Roof Gardens”. The property features gorgeous gardens (with over 70 tall trees, beautiful flamingos, and plenty fountains), a Babylon restaurant, an elite club etc. Furthermore, Richard Branson owns a marvelous lodge house “The Lodge Verbier” named after its area of location – Verbier, in Switzerland. In addition, the billionaire business magnate is sure to own other luxurious assets one of which includes his Necker Belle Yacht. Richard Branson makes money from his luxurious one of a kind yacht, renting it out at the price of $88,000 per week.
As part of Richard Branson net worth, he owns 3 Islands! He primarily spends time in his Necker Island which had cost him $180,000 to buy, and an extra $10 million in capital to transform the uninhabited island into a luxurious and beautiful real estate. Richard Branson’s second island is his Makepeace Island which is located at Noosa at Australia’s Sunshine Coast. Richard Branson’s third Island is his Moskito Island located in the North Sound, not so far from Anguilla Point, Virgin Gorda. He purchased this 120 acre Island for $10 million in 2007. His intention is to transform the island into “the most ecologically friendly” island in the globe.
There are a lot of details under Richard Branson net worth 2020 and we can not but mention that the billionaire possesses not one but two private jets! The first is his French made Falcon 900EX and the other is his VSS Enterprise. It would interest you to know that Richard Branson also owns a $663,000 luxury submarine. Richard Branson’s cars consist of a classic Humber Super Snipe convertible, Saab 9-5 BioPower, and a 1968 Morris Mini-Minor, amongst others.
In conclusion, you now know all the information about Richard Branson’s life, net worth and biography in general. He has inspired many youths who have become independent today, following his way of life. Despite coming from a comfortable home, Richard Branson is an acclaimed self-made billionaire. He is truly a business celebrity that is worth reading about.