$3 billion
Why is Richard Branson giving half of his fortune to charity?
Jul 12, 2021 · Sir Richard Branson is a well-known philanthropist. Branson, 70, has made a pledge to give away half of his fortune to charity, which could be a significant amount since the Virgin Group founder...
How old is Richard Branson now?
Branson has pledged to commit $3 billion, all profits from his travel firms over the next ten years, to the reduction of global warming. He has previously donated to educational charities in...
What has Richard Branson done to help the environment?
May 10, 2013 · Money & Career Why Sir Richard Branson donated half his fortune ($2 billion) to charity Sir Richard Branson explains why giving away half his fortune was a decision that was not only necessary, but...
What is Richard Branson’s Virgin Strive fund?
Answer: Less than nothing. He is one of the greediest businessmen who knows how to melt money and That's all. He will always find opportunity how to appear in media headlines. You may notice he is part of every headline special the headlines which …
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Feb 20, 2013 · Tycoon Sir Richard Branson is to give half his fortune away to charity. He has joined a group of billionaires who have pledged to donate half their amassed wealth to try to make the world a better...
How much did Richard Branson donate?
Coronavirus: Richard Branson donates $250 million to save Virgin Group jobs. Sir Richard Branson has announced that he will be pumping $250 million into Virgin Group to help save the jobs of his staff, which have been put in jeopardy due to the coronavirus outbreak.
What charities does Branson donate to?
He created Virgin Unite, the independent charitable arm of his company, in 2004. Branson's new non-profit focuses, in part, on finding an alternative fuel source. There's also a Branson School of Entrepreneurship in Johannesburg, which is a partnership with CIDA, a free South African university.Dec 5, 2006
What good does Richard Branson do?
Richard Branson, in full Sir Richard Charles Nicholas Branson, (born July 18, 1950, Shamley Green, Surrey, England), British entrepreneur and adventurer, head of Virgin Group Ltd., known for his publicity stunts and also for setting records in powerboat racing and hot-air ballooning.Feb 9, 2022
How has Richard Branson impacted the world?
Inspired by Nelson Mandela, he helped launch The Elders, an independent group of top global leaders tackling key world problems. In 2009, frustrated by inaction on climate change, he set up the Carbon War Room to cut global emissions by scaling market-based, entrepreneurial solutions.
What charity did Richard Branson start?
He has previously donated to educational charities in Africa. Branson started his first charity, “Student Valley Centre”, when he was only 17. Richard is Patron of the International Rescue Corps.
What is Branson's charity?
He has previously donated to educational charities in Africa. Branson started his first charity, “Student Valley Centre”, when he was only 17.
Why did Branson set up Virgin Unite?
In 2004 he set up Virgin Unite to encourage all of his staff around the world to tackle tough social problems. He persuaded Elton John to sing Candle In The Wind at the funeral of Princess Diana – which eventually raised $40 million for charity. Sir Richard Branson is Founder and Chairman of the Virgin Group.
What is Branson working on?
Branson has been working closely with Virgin Unite to bring together the right partners to help create new global leadership models to address conflict, climate change and disease. These include the Carbon War Room and The Elders, as well as a number of others.
Who is the founder of Virgin?
Sir Richard Branson is Founder and Chairman of the Virgin Group. Virgin is one of the world’s most recognized and respected brands and has expanded into many diverse sectors from air and ground travel to telecommunications, health, space travel and renewable energy through more than 200 companies worldwide, employing approximately 50,000 people in ...
Who organized the blankets for refugees fleeing from Kuwait?
When Saddam Hussein invaded Kuwait, Richard Branson organized to fly 40,000 blankets to refugees fleeing into Jordan. He single-handedly had to fight with Government ministers to make sure the supplies got to those who needed them.
Why did Richard Branson donate half his fortune?
He has joined a group of billionaires who have pledged to donate half their amassed wealth to try to make the world a better place.
Who started the Giving Pledge?
The Giving Pledge was started three years ago by Mr Gates, his wife Melinda and Mr Buffett and within just a few months they had encouraged more than 30 other U.S. billionaires to get no board. Sir Richard said he and his wife realised personal stuff "didn’t really matter" in the early days of their marriage.
How much is Virgin Media worth?
The Virgin Media boss and his wife Joan, have joined Microsoft founder Bill Gates - said to be worth over $62 billion - and U.S. investor Warren Buffet, who trails in with $55 billion, as part of the Giving Pledge.
Who is the billionaire who pledged to donate half of his fortune to charity?
Sir Richard Branson is among the latest crop of billionaires who have promised to donate at least half their fortune to charity. The Virgin Group founder, who is worth more than $4bn, has added his name to the Giving Pledge campaign set up by U.S. investor Warren Buffett and Microsoft founder Bill Gates. In their pledge letter, Sir Richard and his ...
Who started the Giving Pledge?
The Giving Pledge was started three years ago by Mr Gates, his wife Melinda and Mr Buffett and within just a few months they had encouraged more than 30 other U.S. billionaires to get no board.
What is Sir Richard's pledge?
Pledge: Sir Richard, pictured with his daughter Holly (left) and wife Joan (right), wants to help create 'a healthy, equitable and peaceful world for future generations to enjoy' and says his family agrees
Who is Richard Branson's wife?
Branson married Kristen Tomassi in 1972 and divorced her in 1979. He has a daughter Holly (b. 1981) and a son Sam (b. 1985) with his second wife, Joan Templeman, whom he met in 1976. They were married in 1989 on Necker Island. He stated in an interview with Piers Morgan that he and Joan also had a daughter named Clare Sarah, who died when she was four days old in 1979.
Where was Richard Branson born?
Branson was born in Blackheath, London, to Eve Branson ( née Evette Huntley Flindt; 1924–2021), a former ballet dancer and air hostess, and Edward James Branson (1918–2011), a barrister. He has two younger sisters, Lindy Branson and Vanessa Branson. His grandfather, Sir George Arthur Harwin Branson, was a judge of the High Court of Justice and a Privy Councillor.
What did Branson do in 2020?
In response to the global pandemic, Branson put his luxury Necker Island up as collateral for a commercial loan to save Virgin Atlantic. Branson said: "Over the five decades I have been in business, this is the most challenging time we have ever faced... From a business perspective, the damage to many is unprecedented and the length of the disruption remains worryingly unknown."
What company owns Virgin Galactic?
On 25 September 2004, Branson announced the signing of a deal under which a new space tourism company, Virgin Galactic, will license the technology behind SpaceshipOne —funded by Microsoft co-founder Paul Allen and designed by aeronautical engineer Burt Rutan —to take paying passengers into suborbital space. Virgin Galactic plans to make flights available to the public with tickets priced at US$200,000 using the Scaled Composites White Knight Two. The spacecraft, SpaceShipTwo, is manufactured by The Spaceship Company, which was founded by Branson and Rutan and is now solely owned by Virgin Galactic. In 2013, Branson said that he planned to take his two children, 31-year-old Holly and 28-year-old Sam, on a trip to outer space when they ride the SpaceShipTwo rocket plane on its first public flight, then planned for 2014. As part of his promotion of the firm, Branson has added a variation of the Virgin Galactic livery to his personal business jet, the Dassault Falcon 900EX "Galactic Girl" (G-GALX).
Why is Branson being criticised?
Branson has been criticised by the Whale and Dolphin Conservation organisation for profiting from selling trips to SeaWorld and similar themed parks that hold dolphins, whales and other sea life in captivity for entertainment purposes.
Why did Branson sell his record label to EMI?
Branson said that he wept when the sale was completed because the record business had been the very start of the Virgin empire. He created V2 Records in 1996 to re-enter the music business, owning 5% himself. Virgin also acquired European short-haul airline Euro Belgian Airlines and renamed it Virgin Express. In 1997, Branson took what many saw as being one of his riskier business exploits by entering into the railway business. Virgin Rail Group won the CrossCountry and West Coast franchises.
What was Branson's first record label?
In 1972, using money earned from his record store, Branson launched the record label Virgin Records with Nik Powell. The name "Virgin" was suggested by one of Branson's early employees because they were all new at business. Branson bought a country estate north of Oxford in which he installed a residential recording studio, The Manor Studio. He leased studio time to fledgling artists, including multi-instrumentalist Mike Oldfield, whose debut album Tubular Bells (1973) was the first release for Virgin Records and became a chart-topping best-seller.
Who is Richard Branson?
Getty Images for Virgin Atlantic, Virgin billionaire Sir Richard Branson has emerged as one of the real villains of Britain’s coronavirus crisis–in the court of public opinion. Virgin Atlantic’s suggestions on Monday for staff to take eight weeks unpaid ...
Who paid for NHS staff to stay at Stamford Bridge?
The reaction from Europe-based billionaires to the crisis has been mostly positive. Chelsea owner, oligarch and billionaire Roman Abramovich announced yesterday that he would pay for NHS staff to stay at the Stamford Bridge Hotel rather than make a long commute home. The move was widely praised.
How long did Virgin Atlantic staff take unpaid leave?
Virgin Atlantic’s suggestions on Monday for staff to take eight weeks unpaid leave during the pandemic has been widely criticized. Branson has been branded a “disgrace” by one politician and another has now told him to pay his own way out of the crisis. However, despite the threat of losing pay, some Virgin Atlantic staff have come out in support ...
Who attended day 10 of Wimbledon?
Virgin Atlantic’s statement on Monday can be filled under the heading–entirely avoidable PR disaster. David Beckham, Holly Branson and Richard Branson attend day 10 of the Wimbledon. Getty Images. Richard Fuller the Conservative MP for North East Bedfordshire since 2019 slammed Branson in Parliament Wednesday.
Who is the CEO of Virgin Atlantic?
While Virgin Atlantic CEO Shai Weiss has actually been praised by some employees. Sam Grant replied in a comment to a segment on daytime TV Facebook page, “You hear Virgin and you automatically think Richard Branson...I get it.
Does the estimated net worth factor in the running costs of his business empire?
The estimated net worth also does not factor in the running costs of his business empire which continue to mount, without generating revenue. The Morning Star newspaper, founded in 1930 as the Daily Worker by the Communist Party of Great Britain, certainly enjoyed Fuller’s broadside against the billionaire.
Branson-Founded Organizations
As early as seventeen, he established Student magazine, which spun out into seven different companies, one being the Student Advisory Centre; the Centre assisted young people in issues ranging from sexuality to accessing abortion. Branson goes on to say that these were precursors to his multifaceted company, Virgin. Virgin’s …
Branson as A Patron
- In addition to his personally founded organizations, Branson also serves as a patron and executive for many other groups. He is on the advisory council for The Elders— a group founded by Nelson Mandela in 2007. The mission statement of The Elders is as follows: “Working both publicly and through private diplomacy, our mission is to engage with global leaders and civil so…
A Lifetime of Philanthropy
- Since seventeen, Branson has been utilizing his businesses for the wellbeing of others. From social issues to disaster aid, he believes firmly that a network of like-minded philanthropic individuals can change the world; and they certainly do.
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