How Failed Christmas Tree And Parrot Breeding Businesses Helped Make Richard Branson A Billionaire [Forbes]
Virgin Galactic Holdings, Inc. (SPCE)
Company Research
Source: Forbes
ir Richard Branson was 19 years old when he and his childhood buddy Nik Powell cofounded what later became the international conglomerate known as Virgin Group. It was 1970, and the two teenagers picked the name “Virgin” for their mail-order record company as a cheeky nod to their inexperience in business. Next came, in rapid succession, Virgin record stores, Virgin Megastore, and Virgin Games, all within the first dozen years. Then, boldly, an airline, Virgin Atlantic, in 1984. Today it services 5.6 million passengers yearly, generating $4.4 billion in revenue. Branson followed it up with the likes of gym chain Virgin Active, sports betting app Virgin BET, Virgin Mobile, Virgin Hotels and space tourism company Virgin Galactic. More than a handful of Branson's ventures have failed or been sold off over the years, including Virgin Records, which he painfully let go of for $1 billion in 1992 to help keep Virgin Atlantic afloat. In all, today Branson oversees 40 Virgin companies, oper
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SPCE
News
- Joan Branson, wife of British billionaire Richard Branson, dies at 80 [CNN]CNN
- Joan Branson, wife of British billionaire Richard Branson, dies at 80 [CNN]CNN
- Joan Branson, wife of British billionaire Richard Branson, dies at 80 [Yahoo! Finance Canada]Yahoo! Finance Canada
- Billionaire Richard Branson mourns his wife and partner of 50 years, Joan: ‘She was my best friend, my rock, my guiding light, my world' [Fortune]Fortune
- Richard Branson confirms death of wife Joan: 'My best friend, my rock' [FOX Business Network]FOX Business Network
SPCE
Earnings
- 11/13/25 - Beat
SPCE
Sec Filings
- 10/22/25 - Form 4
- 10/8/25 - Form 4
- 10/8/25 - Form 4
- SPCE's page on the SEC website