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Richard Branson

August 3, 2017

Richard Branson sells majority stake in Virgin Atlantic, 'Dividend darling' Akka's revenue up 21%, and Pharmaceutical entrepreneur Raymond Sackler dies

Richard Branson sells majority stake in Virgin Atlantic

Richard Branson is to loosen his grip on Virgin Atlantic, selling 31% of the company to Air France-KLM for $291 million(£220 million).

The billionaire, whose flamboyance is synonymous with the Virgin brand, would retain a 20% interest, with US carrier Delta controlling the remaining 49%.

June 10, 2016

Employee engagement may be dismissed by some as paternalistic and weak, but it is the major weapon in a family business that public or private equity-backed firms struggle to replicate

Employee engagement may be dismissed by some as paternalistic and weak, but it is the major weapon in a family business that public or private equity-backed firms struggle to replicate

August 6, 2013

Space - the final frontier. No longer just the science fiction voyages of the Starship Enterprise but a real adventure opening up for tourism.

Dennis Tito, a spritely 72-year-old American, wants to send people to the planet Mars. The multi-millionaire has set up the Inspiration Mars Foundation and plans to send a couple on a 501-day round trip to the red planet in 2018.

Space is something Tito knows well. He was the first space tourist, paying Russia a reported $20 million (€15.4 million) for a ticket to the International Space Station in 2001. He and others, including the entrepreneur Richard Branson, are leading efforts to commercialise space travel.

February 22, 2013

Some high-profile family business leaders have become the latest names to join the Giving Pledge – an initiative where billionaires promise publicly to give at least half their wealth to charity over the course of their lifetime.

Some high-profile family business leaders have become the latest names to join the Giving Pledge – an initiative where billionaires promise publicly to give at least half their wealth to charity over the course of their lifetime.

British entrepreneur Richard Branson – founder of Virgin – and his wife Joan have signed the pledge, along with Azim Premji – the second-gen chairman of Indian software company Wipro. They are among 12 billionaires who have joined the initiative this year.

August 7, 2012

It can be hard for founders to let go of their businesses. But if the family firm is going to survive they’ve got to know when the buzz is gone. 

The names trip easily off the tongue: Rothschild, Rockefeller, Sainsbury—the world is awash with great business dynasties. And, with one-third of Fortune 500 companies remaining in family hands, what are the best ways of securing the family fortunes through the generations? How can families pursue successful succession strategies?

March 1, 2008

The world is getting smaller – more and more people can afford to go to increasingly exotic destinations with relative ease. There is, as Nick Leader discovers, only one place left to travel to for those who are after the ultimate getaway: space

The world is getting smaller – more and more people can afford to go to increasingly exotic destinations with relative ease. There is, as Nick Leader discovers, only one place left to travel to for those who are after the ultimate getaway: space

If things stay on course, we are less than two years away from the media event of the decade or, quite possibly, the century. In 2009 Virgin Galactic, the commercial space line founded by Sir Richard Branson, is scheduled to launch its inaugural spaceflight from Spaceport America in the Mojave desert, New Mexico.

March 1, 2007

Big business is getting its hands dirty in the name of charity, forming companies whose specific goals are to benefit mankind, all while making a profit. David Nicholson examines the brave new and sometimes controversial world of “for-profit” philanthropy

ig business is getting its hands dirty in the name of charity, forming companies whose specific goals are to benefit mankind, all while making a profit. David Nicholson examines the brave new and sometimes controversial world of "for-profit" philanthrop.

David Nicholson is a freelance writer based in the UK.

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