Friday, July 9, 2010

Richard Branson

Richard Branson is an English entrepreneur with an unmatched style and flamboyance with an everlasting appetite to start new businesses. He is well known for his famous brand "Virgin" that spans over 350 companies doing business in various aspects ranging from credit cards to airlines and music "Megastore".

Richard Branson was born on July 18, 1950 in Blackheath, London. Branson's journey began early as he published the "Student" magazine when he was just 16. He did not complete graduation and started an audio record mail-order business in 1970. By 1972 Richard opened a chain of record stores later known as "Megastores" marking the birth of the Virgin brand. Branson's Virgin brand has had tremendous success during the 80's as he set up the Virgin Atlantic Airways. In 1990 Richard sold the Virgin Records groups to EMI for $1 billion to keep afloat his airlines business. Branson later re-entered the records business in 1996 under the name "V2 records" but didn't enjoy the same success and later sold it to Zavvi.

The Virgin brand has a vast geographical coverage with business centers located in United Kingdom, the United States of America, Australia, Canada, Asian, Europe and South Africa. The net worth of Richard Branson is close to US $ 2.5 billion and he is among the top 300 billionaires list of Forbes.

Richard Branson was awarded an honorary degree of Doctor of Technology from Loughborough University in 1993. He was knighted in 1999 for his services to entrepreneurship. In 2000, Branson received the Tony Jannus Award for his accomplishments in commercial air transportation.

He is passionate about his life and enjoys every moment and challenge that comes his way.

In his own words:

"Sometimes I do wake up in the mornings and feel like I've just had the most incredible dream. I've just dreamt my life." - Richard Branson

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