Difference between revisions of "Richard Branson"

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|constitutes=billionaire
 
|constitutes=billionaire
 
|name=Sir Richard Branson
 
|name=Sir Richard Branson
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|birth_date=18 July 1950
 
|birth_name=Richard Charles Nicholas Branson
 
|birth_name=Richard Charles Nicholas Branson
 
|image=Richard_Branson.jpg
 
|image=Richard_Branson.jpg
 
|image_width=240px
 
|image_width=240px
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|nationality=UK
 
|wikipedia=https://en.wikipedia.org/wiki/Richard_Branson
 
|wikipedia=https://en.wikipedia.org/wiki/Richard_Branson
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|description=UK billionaire spending a lot to keep up positive image. In [[Epstein's Black Book]]
 
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'''Sir Richard Branson''' (born 18 July 1950) is an English business magnate, investor and philanthropist.<ref>''[http://www.flixens.com/director/richard-charles-nicholas-branson "RICHARD CHARLES NICHOLAS BRANSON - Company Director Check"]''</ref>
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'''Sir Richard Branson''' is an English business magnate, investor and philanthropist<ref>''[http://www.flixens.com/director/richard-charles-nicholas-branson "RICHARD CHARLES NICHOLAS BRANSON - Company Director Check"]''</ref> who was a member of the [[1993 GLT]] group.
  
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He founded the [[Virgin Group]], which controls more than 400 companies.<ref>{{cite web|url=http://www.thisislondon.co.uk/standard-home/article-23897620-londons-1000-most-influential-people-2010-tycoons-and-retailers.do |title=London's 1000 most influential people 2010: Tycoons & Retailers |work=Evening Standard |location=London |date=26 November 2010 |accessdate=11 June 2011 |deadurl=yes |archiveurl=https://web.archive.org/web/20110303202728/http://www.thisislondon.co.uk/standard-home/article-23897620-londons-1000-most-influential-people-2010-tycoons-and-retailers.do |archivedate= 3 March 2011 |df= }}</ref>
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He founded the [[Virgin Group]], which controls more than 400 companies.<ref>https://web.archive.org/web/20110303202728/http://www.thisislondon.co.uk/standard-home/article-23897620-londons-1000-most-influential-people-2010-tycoons-and-retailers.do</ref>
  
 
In February 2018, Sir Richard Branson asked:
 
In February 2018, Sir Richard Branson asked:
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==Knighted==
 
==Knighted==
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In March 2000, Branson was knighted at Buckingham Palace for "services to entrepreneurship".<ref>{{cite news|title=Virgin tycoon is knighted|url=http://news.bbc.co.uk/1/hi/uk/695511.stm|agency=BBC|date=3 January 2016}}</ref> For his work in retail, music and transport (with interests in land, air, sea and space travel), his taste for adventure, and for his humanitarian work, he became a prominent figure.<ref>{{cite book|last1=Barling|first1=Julian|title=The SAGE Handbook of Organizational Behavior: Volume Two: Macro Approaches|publisher=SAGE|page=383}}</ref><ref>{{cite news|title=Thirty of the very best of British|url=http://www.telegraph.co.uk/culture/tvandradio/10050832/Thirty-of-the-very-best-of-British.html|agency=The Telegraph|date=13 November 2016}}</ref>
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In March 2000, Branson was knighted at Buckingham Palace for "services to entrepreneurship".<ref>http://news.bbc.co.uk/1/hi/uk/695511.stm</ref> For his work in retail, music and transport (with interests in land, air, sea and space travel), his taste for adventure, and for his humanitarian work, he became a prominent figure.<ref>Barling, Julian. The SAGE Handbook of Organizational Behavior: Volume Two: Macro Approaches. SAGE. p. 383.</ref><ref>http://www.telegraph.co.uk/culture/tvandradio/10050832/Thirty-of-the-very-best-of-British.html</ref>
  
 
In 2002, he was named in the BBC's poll of the ''100 Greatest Britons''.<ref>''[http://news.bbc.co.uk/1/hi/entertainment/tv_and_radio/2208671.stm "100 great British heroes"]''. BBC News. Retrieved 21 March 2014</ref>
 
In 2002, he was named in the BBC's poll of the ''100 Greatest Britons''.<ref>''[http://news.bbc.co.uk/1/hi/entertainment/tv_and_radio/2208671.stm "100 great British heroes"]''. BBC News. Retrieved 21 March 2014</ref>
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==Billionaire==
 
==Billionaire==
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In November 2017, ''Forbes'' listed Branson's estimated net worth at $5.1 billion.<ref>{{cite news |url=https://www.forbes.com/profile/richard-branson |title=Richard Branson |work=Forbes |accessdate=30 January 2016}}</ref>
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In November 2017, ''Forbes'' listed Branson's estimated net worth at $5.1 billion.<ref>https://www.forbes.com/profile/richard-branson</ref>
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{{SMWQ
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|subjects=Donald Trump, James Goldsmith, Rupert Murdoch, Robert Maxwell, Richard Branson, entrepreneur
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|text=All big [[entrepreneur]]s have the stink of unpopularity around them. Whether it is through envy or sincere distaste, [[Donald Trump]], [[James Goldsmith]], [[Rupert Murdoch]], [[Robert Maxwell]] and [[Richard Branson]] have all become popular figures of hate.
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|source_name=Document:Tiny Rowland – portrait of the bastard as a rebel
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|authors=Nick Davies
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|date=August 1990
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}}
  
 
==Tax exile==
 
==Tax exile==
 
In 1971, Branson was convicted and briefly jailed for tax evasion, having fraudulently obtained export documents for records to be sold on the domestic market in order to avoid paying Value Added Tax. <ref>http://www.slate.com/articles/business/how_failure_breeds_success/2014/05/richard_branson_tax_fraud_how_a_youthful_indiscretion_helped_create_a_billionaire.html</ref><ref>http://guardianlv.com/2014/05/richard-branson-from-tax-fraud-to-billionaire/</ref> Customs officials caught onto the scheme and executed a sting operation, marking records bought for the international market with invisible ink and subsequently buying them on the domestic market. Branson was advised of the sting by an anonymous tip-off and attempted to dispose of the evidence, but this was unsuccessful.<ref>http://www.slate.com/articles/business/how_failure_breeds_success/2014/05/richard_branson_tax_fraud_how_a_youthful_indiscretion_helped_create_a_billionaire.html</ref><ref>http://guardianlv.com/2014/05/richard-branson-from-tax-fraud-to-billionaire/</ref>
 
In 1971, Branson was convicted and briefly jailed for tax evasion, having fraudulently obtained export documents for records to be sold on the domestic market in order to avoid paying Value Added Tax. <ref>http://www.slate.com/articles/business/how_failure_breeds_success/2014/05/richard_branson_tax_fraud_how_a_youthful_indiscretion_helped_create_a_billionaire.html</ref><ref>http://guardianlv.com/2014/05/richard-branson-from-tax-fraud-to-billionaire/</ref> Customs officials caught onto the scheme and executed a sting operation, marking records bought for the international market with invisible ink and subsequently buying them on the domestic market. Branson was advised of the sting by an anonymous tip-off and attempted to dispose of the evidence, but this was unsuccessful.<ref>http://www.slate.com/articles/business/how_failure_breeds_success/2014/05/richard_branson_tax_fraud_how_a_youthful_indiscretion_helped_create_a_billionaire.html</ref><ref>http://guardianlv.com/2014/05/richard-branson-from-tax-fraud-to-billionaire/</ref>
  
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Branson's business empire is owned by a complicated series of offshore trusts and companies.<ref>''[[Document:Tiny Rowland – portrait of the bastard as a rebel]]''</ref> ''[[The Sunday Times]]'' stated that his wealth is calculated at £3&nbsp;billion; if he were to retire to his Caribbean island and liquidate all of this, he would pay relatively little in tax.<ref>{{Cite news|url=http://www.timesonline.co.uk/article/0,,2087-2483988_2,00.html |title=The Sunday Times: Britain |accessdate=1 January 2007 |work=The Times |location=London |first=Roland |last=Watson }}</ref> Branson has been criticised for his business strategy, and has been accused of being a carpetbagger.<ref>{{Cite news |last= Chakrabortty |first= Aditya |date= 21 November 2011 |title= Is Richard Branson all he's cracked up to be? |url= https://www.theguardian.com/commentisfree/2011/nov/21/richard-branson-northern-rock |newspaper= The Guardian |accessdate= 7 April 2013 }} Branson's reply is here [https://www.theguardian.com/commentisfree/2011/nov/23/nonsense-virgin-success-dependent-on-state].</ref><ref>{{cite web|author=Aditya Chakrabortty|date=24 June 2013|title=Don't be fooled by Richard Branson's defence of Virgin trains|url=https://www.theguardian.com/commentisfree/2013/jun/24/richard-branson-defence-virgin-trains|publisher=The Guardian|accessdate=27 June 2013}} Branson's response is here [https://www.theguardian.com/commentisfree/2013/jun/20/virgin-trains-handouts-track].</ref><ref>{{cite web|author=Aditya Chakrabortty|date=10 June 2013|title=The truth about Richard Branson's Virgin Rail profits|url=https://www.theguardian.com/commentisfree/2013/jun/10/truth-richard-branson-virgin-rail-profits|publisher=The Guardian|accessdate=27 June 2013}}</ref><ref>{{cite web|author=James Salmon|date=14 October 2012|title=Branson eyes RBS bargain: After £1.65bn deal collapses, tycoon could bid just £650m for 316 branches|url=http://www.dailymail.co.uk/news/article-2217712/Branson-eyes-RBS-bargain-After-1-65bn-deal-collapses-tycoon-bid-just-650m-316-branches.html|publisher=[[The Daily Mail|dailymail.co.uk]]|accessdate=20 July 2013}}</ref> Branson responded that he is living on Necker for health rather than tax reasons.<ref>{{cite web |url=https://www.theguardian.com/business/2013/oct/13/richard-branson-tax-exile-virgin |title=Richard Branson denies being a tax exile |last1=Garside |first1=Juliette |date=13 October 2013 |website=www.theguardian.com |publisher=Guardian News and Media Limited |accessdate=16 October 2013}}</ref>
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Branson's business empire is owned by a complicated series of offshore trusts and companies.<ref>''[[Document:Tiny Rowland – portrait of the bastard as a rebel]]''</ref> ''[[The Sunday Times]]'' stated that his wealth is calculated at £3&nbsp;billion; if he were to retire to his Caribbean island and liquidate all of this, he would pay relatively little in tax.<ref>http://www.timesonline.co.uk/article/0,,2087-2483988_2,00.html </ref> Branson has been criticised for his business strategy, and has been accused of being a carpetbagger.<ref>https://www.theguardian.com/commentisfree/2011/nov/21/richard-branson-northern-rock</ref><ref>https://www.theguardian.com/commentisfree/2013/jun/24/richard-branson-defence-virgin-trains</ref><ref>https://www.theguardian.com/commentisfree/2013/jun/10/truth-richard-branson-virgin-rail-profits</ref><ref>http://www.dailymail.co.uk/news/article-2217712/Branson-eyes-RBS-bargain-After-1-65bn-deal-collapses-tycoon-bid-just-650m-316-branches.html</ref> Branson responded that he is living on Necker for health rather than tax reasons.<ref>https://www.theguardian.com/business/2013/oct/13/richard-branson-tax-exile-virgin </ref>
  
 
In 2013, Branson described himself as a "tax exile", having saved millions in tax by surrendering his British citizenship.<ref>''[http://www.telegraph.co.uk/finance/businessclub/10376341/Ive-been-a-tax-exile-for-seven-years-says-Branson.html "I’ve been a tax exile for seven years, says Branson"]''</ref>
 
In 2013, Branson described himself as a "tax exile", having saved millions in tax by surrendering his British citizenship.<ref>''[http://www.telegraph.co.uk/finance/businessclub/10376341/Ive-been-a-tax-exile-for-seven-years-says-Branson.html "I’ve been a tax exile for seven years, says Branson"]''</ref>

Latest revision as of 14:32, 3 December 2023

Person.png Sir Richard Branson  Rdf-entity.pngRdf-icon.png
(billionaire)
Richard Branson.jpg
BornRichard Charles Nicholas Branson
18 July 1950
NationalityUK
Member ofGlobal Commission on Drug Policy, Jeffrey Epstein/Black book, The Giving Pledge, WEF/Global Leaders for Tomorrow/1993
UK billionaire spending a lot to keep up positive image. In Epstein's Black Book

Sir Richard Branson is an English business magnate, investor and philanthropist[1] who was a member of the 1993 GLT group.

He founded the Virgin Group, which controls more than 400 companies.[2]

In February 2018, Sir Richard Branson asked:

“Are you ready to say goodbye to orangutans? Then it’s time we act to demand an end to the use of unsustainable palm oil in the products we buy.”[3]

Young entrepreneur

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.[4] In 1970, he set up a mail-order record business. He opened a chain of record stores, Virgin Records — later known as Virgin Megastores — in 1972.

Branson's Virgin brand grew rapidly during the 1980s, as he set up Virgin Atlantic airline and expanded the Virgin Records music label.

Knighted

In March 2000, Branson was knighted at Buckingham Palace for "services to entrepreneurship".[5] For his work in retail, music and transport (with interests in land, air, sea and space travel), his taste for adventure, and for his humanitarian work, he became a prominent figure.[6][7]

In 2002, he was named in the BBC's poll of the 100 Greatest Britons.[8]

In 2004, he founded spaceflight corporation Virgin Galactic, noted for the SpaceShipOne project.

Billionaire

In November 2017, Forbes listed Branson's estimated net worth at $5.1 billion.[9]

“All big entrepreneurs have the stink of unpopularity around them. Whether it is through envy or sincere distaste, Donald Trump, James Goldsmith, Rupert Murdoch, Robert Maxwell and Richard Branson have all become popular figures of hate.”
Nick Davies (August 1990)  [10]

Tax exile

In 1971, Branson was convicted and briefly jailed for tax evasion, having fraudulently obtained export documents for records to be sold on the domestic market in order to avoid paying Value Added Tax. [11][12] Customs officials caught onto the scheme and executed a sting operation, marking records bought for the international market with invisible ink and subsequently buying them on the domestic market. Branson was advised of the sting by an anonymous tip-off and attempted to dispose of the evidence, but this was unsuccessful.[13][14]

Branson's business empire is owned by a complicated series of offshore trusts and companies.[15] The Sunday Times stated that his wealth is calculated at £3 billion; if he were to retire to his Caribbean island and liquidate all of this, he would pay relatively little in tax.[16] Branson has been criticised for his business strategy, and has been accused of being a carpetbagger.[17][18][19][20] Branson responded that he is living on Necker for health rather than tax reasons.[21]

In 2013, Branson described himself as a "tax exile", having saved millions in tax by surrendering his British citizenship.[22]

This was echoed by Shadow Chancellor of the Exchequer, Labour's John McDonnell, in 2016, amid calls for his knighthood to be revoked.[23]

 

Events Participated in

EventStartEndLocation(s)Description
WEF/Annual Meeting/200625 January 200629 January 2006SwitzerlandBoth former US president Bill Clinton and Bill Gates pushed for public-private partnerships. Only a few of the over 2000 participants are known.
WEF/Annual Meeting/201620 January 201623 January 2016World Economic Forum
Switzerland		Attended by over 2500 people, both leaders and followers, who were explained how the Fourth Industrial Revolution would changed everything, including being a "revolution of values".

 

Related Document

TitleTypePublication dateAuthor(s)Description
Document:It’s Not Socialism. It’s Another Mega Wealth Transfer.blog post23 March 2020Craig MurrayAmid the COVID-19 panic, it has hardly been noticed that Carphone Warehouse went bust, with 2,900 people losing their jobs. Its co-founder, David Ross, is of course the billionaire that Boris Johnson claimed paid for his luxury holiday to Mustique, whereas Ross claimed he only organised it.
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References

  1. ↑ "RICHARD CHARLES NICHOLAS BRANSON - Company Director Check"
  2. ↑ https://web.archive.org/web/20110303202728/http://www.thisislondon.co.uk/standard-home/article-23897620-londons-1000-most-influential-people-2010-tycoons-and-retailers.do
  3. ↑ "RICHARD BRANSON WANTS US TO SAVE ORANGUTANS BY DITCHING PALM OIL"
  4. ↑ "Back to the future for Richard Branson's retro 80s speedboat"
  5. ↑ http://news.bbc.co.uk/1/hi/uk/695511.stm
  6. ↑ Barling, Julian. The SAGE Handbook of Organizational Behavior: Volume Two: Macro Approaches. SAGE. p. 383.
  7. ↑ http://www.telegraph.co.uk/culture/tvandradio/10050832/Thirty-of-the-very-best-of-British.html
  8. ↑ "100 great British heroes". BBC News. Retrieved 21 March 2014
  9. ↑ https://www.forbes.com/profile/richard-branson
  10. ↑ Document:Tiny Rowland – portrait of the bastard as a rebel
  11. ↑ http://www.slate.com/articles/business/how_failure_breeds_success/2014/05/richard_branson_tax_fraud_how_a_youthful_indiscretion_helped_create_a_billionaire.html
  12. ↑ http://guardianlv.com/2014/05/richard-branson-from-tax-fraud-to-billionaire/
  13. ↑ http://www.slate.com/articles/business/how_failure_breeds_success/2014/05/richard_branson_tax_fraud_how_a_youthful_indiscretion_helped_create_a_billionaire.html
  14. ↑ http://guardianlv.com/2014/05/richard-branson-from-tax-fraud-to-billionaire/
  15. ↑ Document:Tiny Rowland – portrait of the bastard as a rebel
  16. ↑ http://www.timesonline.co.uk/article/0,,2087-2483988_2,00.html
  17. ↑ https://www.theguardian.com/commentisfree/2011/nov/21/richard-branson-northern-rock
  18. ↑ https://www.theguardian.com/commentisfree/2013/jun/24/richard-branson-defence-virgin-trains
  19. ↑ https://www.theguardian.com/commentisfree/2013/jun/10/truth-richard-branson-virgin-rail-profits
  20. ↑ http://www.dailymail.co.uk/news/article-2217712/Branson-eyes-RBS-bargain-After-1-65bn-deal-collapses-tycoon-bid-just-650m-316-branches.html
  21. ↑ https://www.theguardian.com/business/2013/oct/13/richard-branson-tax-exile-virgin
  22. ↑ "I’ve been a tax exile for seven years, says Branson"
  23. ↑ "‘Tax exile’ Richard Branson facing calls for his knighthood to be scrapped"
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