Businessman,
Entrepreneur and Author.
Sir Richard Branson was born in 1950, and educated
at Stowe School, where he established a national
magazine called Student at the age of sixteen.
He started a Student Advisory Centre aged 17 to
help young people. In 1970 he founded Virgin as
a mail order record retailer and shortly thereafter
opened a record shop in Oxford Street, London.
During 1972 a recording studio was built in Oxfordshire
where the first Virgin artist, Mike Oldfield,
recorded "Tubular Bells" which was released
in 1973.
The first album of the newly created Virgin Records
went on to sell over 5 million copies. The equity
of Virgin Music Group - record labels, music publishing,
and recording studios was sold to THORN EMI in
1992 in a US$1Bn deal.
Today, Virgin is one of the world's most recognized
and respected brands. Virgin Group has expanded
into international retail, air travel, mobile,
financial, retail, music, rail, resorts and leisure,
space travel, and clean fuels through more than
200 companies’ worldwide, employing approximately
50,000 people in 29 countries. Revenues around
the world in 2006 exceeded £5 billion (US$10
billion).
Virgin Atlantic Airways, formed in 1984, is now
the second largest British long haul international
airline and operates a fleet of Boeing 747 and
Airbus A340 aircraft. The airline is founded on
the concept of offering a competitive and high
quality Upper Class, Premium Economy and Economy
service. Virgin Atlantic are about to make history
again. Early in the New Year 2008, we'll become
the first commercial airline to fly a 747 on biofuel
as we demonstrate it in flight.
During 1997 Virgin took over Britain’s two
most run-down rail franchises, CrossCountry and
the West Coast Main Line. Virgin is currently
engaged in a £2 billion fleet replacement
programme to create one of the most modern rail
networks in the world by the end of 2004.
Since 1985, Richard has been involved in a number
of world record breaking attempts. In 1986 his
boat, "Virgin Atlantic Challenger II"
rekindled the spirit of the Blue Riband by crossing
the Atlantic Ocean in the fastest ever recorded
time. This was followed a year later by the epic
hot air balloon crossing of the same ocean in
"Virgin Atlantic Flyer" which was not
only the first hot-air balloon to cross the Atlantic
but was the largest ever flown at 2.3 million
cubic feet capacity and reached speeds in excess
of 130 miles per hour (209 k/ph).
In January 1991, he crossed the Pacific Ocean
from Japan to Arctic Canada, the furthest distance
of 6,700 miles again breaking all existing records
with speeds of up to 245 miles -per hour, in a
balloon of 2.6 million cubic feet. Between 1995
and 1998 Richard Branson, Per Lindstrand and Steve
Fossett (who joined the team after the sad death
of Alex Ritchie), made a number of attempts to
circumnavigate the globe by balloon. In late 1998
they made a record breaking flight from Morocco
to Hawaii but their dream of a global flight was
shattered by bad weather before a Swiss team successfully
circumnavigated the globe in early 1999.
So, what next? In 2004 Richard’s dream of
opening the world’s first ever commercial
Space Tourism business was realised with the launch
of Virgin Galactic. Based on the proven technology
of Burt Rutan’s SpaceShipOne – Virgin
Galactic’s SpaceShipTwo, the VSS ENTERPRISE
will take its first customers to the stars. A
child of the moon landing Richard has dreamed,
as have many millions across the world, that the
experience of Space should be opened to all –
as Virgin Galactic grows this dream will finally
become a reality. To find out more on the birth
of this historic aviation industry please log
on to: www.virgingalactic.com.
In September 2006, Richard announced at the Clinton
Global Initiative that all future proceeds of
Virgin Group’s transportation companies
will be invested into renewable energy initiatives.
Richard believes that all businesses, especially
those involved in transportation, energy and particularly
fossil fuels such as coal, must be at the forefront
of developing environmentally friendly business
strategies with a focus on replacing traditional
energy with energy coming from renewable sources.
This commitment is estimated to be $3 billion
over the next ten years. In February 2007, Richard
announced a $25 million prize to encourage a viable
technology which will result in the net removal
of anthropogenic, atmospheric greenhouse gases.
In July, on his and Nelson Mandela’s birthday,
Richard joined Nelson Mandela, Graça Machel,
and Desmond Tutu to help announce the formation
of the Elders, a group of leaders to contribute
their wisdom, independent leadership and integrity
to tackle some of the world’s toughest problems.
Richard is also putting significant focus into
Virgin Unite, the independent arm of the Virgin
Group that focused on entrepreneurial approaches
to social and environmental issues. He is supporting
a number of efforts with on the ground partners
ranging from the creation of sustainable health
clinics in Africa to the fostering of new entrepreneurs
through the Branson School of Entrepreneurship
in South Africa. He is also setting up a “War
Room” in Africa to help coordinate all the
different health efforts, look at and advise on
best practices, and monitor and alert the world
to new diseases. Check out more about Unite at
www.virginunite.com.
In December 1999 Richard Branson was awarded a
knighthood in the Queen’s millennium New
Years honours list for “services to entrepreneurship”.
Richard is married with two children.
www.virgin.com
|