Richard Branson The Virgin Group Richard Branson Born

Richard Branson The Virgin Group

Richard Branson � Born on 18 th of July, 1950. � Dropped out of school at the age of 16 due to suffering with his learning disability of dyslexia. � Built a multibillionaire company

What is Richard Branson Know For? � Founder of the Virgin group Limited (a venture capital conglomerate company based out of great Britain) � Started a youth culture magazine called Student. The money from the first circulation of advertisements came up to $8000 so he was able to print 500, 000 copies and distributed them for free. This was an overnight success thus creating an entrepreneur.

� He proceeded to sell records which was not as successful however the money he earned from that he was able to open his own record studio which soon became one of the top recording studios. � Travel company called Voyager Group and then an airline company called Virgin Atlantic as well as opened Virgin megastores.

Challenges Faced � The company fell into a bad financial situation. � Failing to clear debts the company was sold for one billion dollars which to Branson was a great defeat and was totally devastated.