Flamboyant, Kite-Surfing, Tax-Exile Billionaire Sir Richard Branson Wants A Multibillion-Dollar Bailout [Forbes]
Shake Shack, Inc. Class A (SHAK)
Last shake shack, inc. class a earnings: 2/24 04:05 pm
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Source: Forbes
(Photo by Don Arnold/WireImage)Flamboyant British billionaire Sir Richard Branson’s empire is collapsing. He’s already promised to put his private island up for collateral in order to save his Virgin Atlantic airline from going under.Branson asked the British and Australian governments to bail him out. Similar to what’s happening to the airline and other industries in the United States, Branson is seeing his global empire hemorrhaging money, as people are no longer traveling due to the COVID-19 outbreak. His Virgin Atlantic Australian group has already collapsed.It's been reported that Branson pumped about $250 million of his own substantial fortune into his companies to keep them alive. The unprecedented economic shocks to the system are nearly as bad as the outbreak—negatively impacting an array of business sectors (many of which Branson holds interests in). He claims that his$4.2 billion fortuneis invested in his business empire and not “sitting as cash in a bank account ready to w
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- James Beard Award Winning Chef Opens Donut & Chicken Franchise That's Taking Off [Forbes]Forbes
SHAK
Earnings
- 2/15/24 - Beat
SHAK
Sec Filings
- 4/25/24 - Form ARS
- 4/25/24 - Form DEFA14A
- 4/25/24 - Form DEF
- SHAK's page on the SEC website