|Net Worth:||$5 Billion|
|Born:||July 18, 1950|
|Country of Origin:||United Kingdom|
|Source of Wealth:||Founder of Virgin|
Richard Branson is an English business magnate, and founder of the Virgin Group, which now controls over 400 companies.
Branson started with a simple record store, and built Virgin into an absolute powerhouse, turning him into one of the richest men in Britain.
Richard Branson’s net worth is estimated at $5 billion as of 2018.
Branson was born on the 18th of July, 1950, in London, England. He had two younger sisters, and his mother was an air hostess, his father a barrister.
Richard Branson 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 Branson decided to drop out of school to start ‘The Student‘ magazine. The magazine became very popular, and Branson even interviewed several celebrities for the magazine.
He decided to start advertising popular records within the magazine and quickly found his niche. This is when he started trading under the name Virgin, and the magazine was the first form of advertisement for Virgin.
The first record store was in Oxford, London, and shortly after the success of the record store, came the Virgin Record Label.
Here are some of the best highlights of Richard Branson’s 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)
Favorite Richard Branson Quotes
“You don’t learn to walk by following rules. You learn by doing, and by falling over.” – Richard Branson
“Business opportunities are like buses, there’s always another one coming.” – Richard Branson
“Do not be embarrassed by your failures, learn from them and start again.” – Richard Branson
“A business has to be involving, it has to be fun, and it has to exercise your creative instincts.” – Richard Branson
“One thing is certain in business. You and everyone around you will make mistakes.” – Richard Branson
View our larger collection of the best Richard Branson quotes!
Richard Branson Motivational Video
3 Success Lessons from Richard Branson
Now you know all about Richard Branson’s net worth, and how he achieved success; here are 3 success lessons we can all learn from Richard Branson:
1. 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.
He still plays sports regularly and even tries to break current world records, occasionally.
2. 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.
Later on, people will see how valuable you truly are, and your earnings will be reflected by that fact.
3. Love Your Business
I swear this is featured on almost every success lesson list imaginable; love what you do. In fact, Branson cried when Virgin Records was sold to EMI. That’s how much love he had/has for his business.
Do you have the same kind of love for your business?
View more success lessons from Richard Branson!
Richard Branson is one of the richest men in Britain and has built the Virgin empire from the ground up.
As of 2018, Richard Branson’s net worth is roughly $5 billion.