Why was virgin started

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Sir Richard Branson is the flamboyant entrepreneur behind the Virgin brand, which began with Virgin Records in The tycoon is the founder and chairman of the Virgin Group, which employs nearly 70, people in 35 countries through its plus companies. Branson's companies include or have included airlines, wireless communications, radio stations, hotels, health clubs, financial services businesses, the nightclub Heaven, renewable technologies, a Formula One team and even a space tourism company.

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Essentially, Branson thinks that Alaska should be paying him licensing fees throughwhen the current licensing deal runs out, regardless of whether or not they actually use the brand. Meanwhile Alaska says they only have to pay licensing fees for as long as they use the brand, and they plan to retire it in the next couple of years. Per an interview with Bloomberg :.

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Sir Richard Branson wears the same pair of jeans every day, according to Page Six. Ever the savvy businessman, Branson has spent some of his billions indulgently, but only to make money in return — like renting out real estate he owns think Necker Island. When it comes down to it, Branson is rather frugal, opting not to own objects of pure luxury.

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Virgin Group Ltd. Virgin Group's date of incorporation is listed as by Companies Housewho class it as a holding company ; however Virgin's business and trading activities date back to the s. They considered themselves virgins in business.

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It's four decades since Richard Branson set up the mail-order business that became a hippie haven, a punk paradise, and then a big-money label. Pierre Perrone tracks the story. It was nearly called Slipped Disc until Tessa Watts, a member of the team Richard Branson had assembled around him at Student magazine, pointed out they were all "complete virgins at business.

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The party was sparked by painters, graphic artists, lighting designers, chefs, mixologists, selfie-snappers and an electronic music duo. Virgin clearly knows how to throw a party for the product. InBranson launched Virgin Atlantic Airwaysafter catching the airline bug during an earlier trip to Puerto Rico.

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For the first time since the US retired the Space Shuttle inhumans have taken off from American soil and gone into space. This morning, Richard Branson's Virgin Galactic rocketed two test pilots beyond Earth's boundaries and brought them back safely, in a giant leap toward finally making commercial space tourism a reality. Once they were 43, feet up, Eve released Unityand the pilots in the latter powered the rockets for 60 seconds—longer than ever before—to shoot upwards at Mach 2.

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Skip to main content. View every business we've profiled here. These start-ups stretch from the toe of England to the tip of Scotland and span restaurants, apps, photography studios, fashion houses, gyms and many more. Take a look at a selection of the businesses we've funded and learn what it takes to become your own boss.

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Sir Richard Charles Nicholas Branson born 18 July [4] is a British business magnateinvestor, author and philanthropist. Branson expressed his desire to become an entrepreneur at a young age. His first business venture, at the age of 16, was a magazine called Student.

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Billionaire entrepreneur Richard Branson started his airline Virgin Atlantic in when his flight from Puerto Rico to the Virgin Islands was cancelled. Three decades after after its launch, Virgin Atlantic is the second-largest UK carrier. Most notably, when Branson's airline was trying to establish itself in the s, British Airways ran what became known as the "dirty tricks" campaign. Branson chose to invest the money back into his Virgin Atlantic team.