I don’t know about you, but we love reading stories how self made Millionaires and Billionaires made their fortune in face of extreme obstacles and adversities. You wouldn’t believe where some of them started and how much they started with. These stories just goes to show you , that with the right mind set you can live all your dreams.
Richard Branson: Founder of Virgin Group
Born on 1950 in England, Richard Branson dropped out of high-school. Following that he started a magazine called Student targeted young students and was ran by them, he distributed the magazine for free and made his profits by selling advertising.
His next venture was a mail order record company called Virgin which expended to a record shop and a recording studio. The first artist he signed Mike Oldfield recorded a song called “Tubular Bells” which was a big hit in the UK and the momentum led him to sign more talents and grow Virgin Music into the top 6 record companies in the world.
But Branson didn’t stop there, he started a travel company-Voyager in 1980 the Airline Virgin Atlantic in 1984 and a series of Virgin Mega Stores. He did suffer some big losses though the begging of the 1990’s and had to sell Virgin. The sale nearly crushed him but he was determined to go back to the music business.
In 1993, Branson founded the station Virgin Radio, and several years later a second record company, V2.
Today Branson’s Virgin Group holds over 200 companies in 30 countries and in a variety of fields (transportation, communication,gaming and even space travel).
In 2016 Richard’s furtune was estimiated at $5 Billion, not bad for a high school drop out.