British billionaire Richard Branson is a prime example of how sometimes the most extravagant ideas bring the greatest profit. Branson was not afraid to take on unprofitable projects, but it was thanks to such risks that his name became known, and his bank account is growing with enviable success.
Commercial streak
Richard Branson was born in 1950 in London. Despite the fact that the family had four children, where Richard was the eldest, his childhood could not be called poor. Branson's father was a lawyer, his mother worked in the theater. Branson did not have much success in childhood - he studied quite averagely, because he suffered from dyslexia. But already in his school years, Branson showed a commercial streak. The future billionaire did not waste time at school and dropped out after a couple of years.
Branson opened his first business at the age of 17. He began publishing an alternative culture magazine, which became popular after the publication of Mick Jager and John Lennon. Then Branson became the accidental owner of a batch of defective records that were in good condition and started selling them. Things went so badly that they even had to organize their own company. It took a long time to look for the name: Branson traded under the anonymous name "Virgin", and they stopped at it. Soon, Branson organized his own recording studio to trade on behalf of the musicians without intermediaries. It is noteworthy that this studio wrote albums for the "Sex Pistols", which were denied cooperation everywhere.
Do not be afraid to take risks
Branson's personal life was also active. The first time he got married quite early - at 22 years old. But the marriage broke up on the initiative of his wife. Joan Templeman became the second wife of a businessman. And although the couple had two children, the couple entered into an official marriage only after eight years of marriage.
Branson's business projects are often based on pure gamble. But he never hid the fact that he loves to take risks, even though he lost part of his fortune on such projects. But Branson loves extreme sports, just remember that he is constantly trying to break world records either in navigation or in a hot air balloon flight. Branson has his own airline, Virgin Atlantic Airways. The businessman's most ambitious project is space tourism - Virgin Galactic is conducting research for the commercial transportation of passengers in outer space.
Branson is actively involved in charity work. His foundation conducts research on ecology, studies the issues of global warming and climate change. Branson has written and published several books, including an autobiography. Today Richard Branson has a fortune of $ 5 billion, and his corporation "Virgin Group" includes more than 400 different companies.
