Richard Branson was known for his
insatiable appetite to seek new business opportunities. He loves many
challenges, especially the industries dominated by a few major players.
His entrepreneurial skills began to
flourish at an early age. When he was 16, he began publishing The Student Magazine. At 20, his famous
Virgin brand started a discount records mail order business which allowed him
to amass a great deal of fortune.
His Virgin Records started in 1972
in Oxford Street, London. This recording label made hits
after hits. Branson sold Virgin Records to THORN EMI in 1992 for $1 billion.
His Virgin brand is one of the most
recognizable in the world. The brand holds a wide range of products and
services. Its coverage encompasses a wide geographical area including UK, USA,
Australia, Canada, and some areas of Asia, Europe and South Africa.
The brand includes 11 labels in the industry of international airline,
supermarkets, publishing, credit card, travel and tours, transportation, music
recording, fitness club, space flights, luxury games and many others.
There are plenty more products that
wear the Virgin brand and probably more to come as Branson continues to lurk
for new business ventures to engage in.
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