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Richard Branson Net Worth 2021

Richard Branson net worth 2021 is $4.4 billion. He is the third oldest person and the first billionaire to travel to space. Branson is among the wealthiest people in the world list.

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What is Richard Branson net worth?

Richard Branson holds the record as the first billionaire to travel to space

In this write up, we will be bringing to you the net worth and lifestyle of one of the richest people in the world, Richard Branson.

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Branson is an English businessman, investor and an author.

Richard Branson Net worth Profile

Net worth$4.4 billion
Full nameSir Richard Charles Nicholas Branson
Date of birth18 July, 1950
OccupationBusinessman and author
NationalityBritish
SpouseJoan Templeman
Known forVirgin Group Founder

Richard Branson net worth 2021 is $4.4 billion. He is the third oldest person and the first billionaire to travel to space. Branson is among the wealthiest people in the world list.

Early Life of Richard Branson

Branson was born in Blackheath, London, to Eve Branson, a former ballet dancer and air hostess, and Edward James Branson, a barrister.

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He has two younger sisters, Lindy Branson and Vanessa Branson. His grandfather, Sir George Arthur Harwin Branson, was a judge of the High Court of Justice and a Privy Councillor.

Education

Branson was educated at Scaitcliffe School, a prep school in Surrey, before briefly attending Cliff View House School in Sussex. He attended Stowe School, an independent school in Buckinghamshire until the age of sixteen.

Branson has dyslexia, and had poor academic performance; on his last day at school, his headmaster, Robert Drayson, told him he would either end up in prison or become a millionaire.

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Business Career

After failed attempts to grow and sell both Christmas trees and budgerigars, Branson launched a magazine named Student in 1966 with Nik Powell. The first issue of Student appeared in January 1968, and a year later, Richard Branson net worth was estimated at £50,000.

Though not initially as successful as he hoped, the magazine later became a vital component of the mail-order record business Branson started from the same church he used for Student. Branson used the magazine to advertise popular albums, driving his record sales.

He interviewed several prominent personalities of the late 1960s for the magazine including Mick Jagger and R. D. Laing.

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 Branson took over full direction of Student after successfully bluffing to Powell that the workers at the magazine opposed Powell’s plans to turn the magazine into a cooperative.

Branson eventually started a record shop in Oxford Street in London. In 1971, he was questioned in connection with the selling of records declared export stock.

The matter was never brought before a court because Branson agreed to repay any unpaid purchase tax of 33% and a £70,000 fine. His parents re-mortgaged the family home to help pay the settlement.

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Virgin Group

In 1972, using money earned from his record store, Branson launched the record label Virgin Records with Nik Powell. The name “Virgin” was suggested by one of Branson’s early employees because they were all new at business.

 Branson bought a country estate north of Oxford in which he installed a residential recording studio, The Manor Studio.

 He leased studio time to fledgling artists, including multi-instrumentalist Mike Oldfield, whose debut album Tubular Bells (1973) was the first release for Virgin Records and became a chart-topping best-seller.

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Among the other artistes virgin records signed include;  Rolling Stones, Peter Gabriel, XTC, Japan, UB40, Steve Winwood and Paula Abdul. It later became the world’s largest independent record label.

Richard Branson net worth was estimated at £5 million by 1979, and a year later, Virgin Records went international.

Virgin Atlantic Airways

Branson’s first successful entry into the airline industry was during a trip to Puerto Rico. His flight was cancelled, so he decided to charter his own plane the rest of the way and offered a ride to the rest of the stranded passengers for a small fee to cover the cost

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Branson formed Virgin Atlantic and Virgin Cargo in 1984. He formed Virgin Holidays in 1985.

In 1997, Branson founded the Virgin Rail Group to bid for passenger rail franchises during the privatisation of British Rail. The Virgin Trains brand operated the InterCity West Coast franchise from 1997 to 2019, the InterCity CrossCountry franchise from 1997 to 2007, and the InterCity East Coast franchise from 2015 to 2018.

In 2004, he founded spaceflight corporation Virgin Galactic, based at Mojave Air and Space Port in California, noted for the SpaceShipTwo suborbital spaceplane designed for space tourism.

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In March 2000, Branson was knighted at Buckingham Palace for “services to entrepreneurship”.

 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 has become a prominent global figure.

 In 2007, he was placed in the Time 100 Most Influential People in the World list. In July 2021, Forbes listed Branson’s estimated net worth at US$5.7 billion.

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Richard Branson Net Worth

Richard Branson net worth 2021 is $4.4 billion. He is the third oldest person and the first billionaire to travel to space. Branson is among the wealthiest people in the world list.

On 11 July 2021, Branson travelled as a passenger onboard Virgin Galactic Unity 22 at the edge of space, a suborbital test flight for his spaceflight company Virgin Galactic.

 The mission lasted approximately one hour, reaching a peak altitude of 53.5 miles (86.1 km). At 71, Branson is the third oldest person to fly to space and the first billionaire to do so.

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Who went to space with Richard Branson?

Beth Moses and Sirisha Bandla

How did Richard Branson get rich?

By the ’70s, Richard Branson and Nik Powell started a mail-order record retailer. From there, the business then evolved into a record shop on Oxford Street in London called Virgin Records, according to Virgin’s website. Eventually, Virgin took a deep dive into the aviation industry and launched Virgin Atlantic in 1984.

What is Richard Branson famous for?

Richard Branson is Founder of the Virgin Group. Virgin is one of the world’s most irresistible brands and has expanded into many diverse sectors from travel to telecommunications, health to banking and music to leisure.

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What do you think about Richard Branson net worth? leave your reply in the comments section below.

Source: Glusea

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Richest Presidents in Africa 2021

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Glusea.com brings to the richest presidents in Africa 2021 .

Africa is often perceived as the poorest continent in the world. A lot of the world leaders attribute this to poor governance, political instability. It is often said that most of the leaders in Africa take up leadership positions for their own gain. How true is this?

We have put together the top 10 richest presidents in Africa 2021. This list was compiled from Fatumasvoice and African Hype. Before you read through can you guess which president will be in the list?

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Read Richest Man in Ghana 2020

Top Ten Presidents in Africa 2020

  1. King Mohammed VI ($5.8 billion) – Morocco
Mohammed standing behind a lectern

Mohammed VI (born 21 August 1963)  is the King of Morocco. He is a member of the Alaouite dynasty and ascended to the throne on 23 July 1999 upon the death of his father, King Hassan II.

Mohammed is Morocco’s leading businessman and banker. In 2015, he was estimated by Forbes magazine to be worth US$2.5 billion, and the Moroccan Royal Family has one of the largest fortunes in the world.  Along with his family, they hold the majority stakes in the Société Nationale d’Investissement (SNI),   SNI has a diverse portfolio consisting of many important businesses in Morocco and operating in various sectors such as; Attijariwafa Bank (banking), Managem (mining), Onapar, SOMED (tourism/real-estate and exclusive distributor of Maserati), Wafa Assurance (insurance), Marjane (hypermarket chain), Wana-Inwi (telecommunications), SONASID (Siderurgy), Lafarge Maroc (cement manufacturer), Sopriam (exclusive distributor of Peugeot-Citroën in Morocco), Renault Maroc (exclusive distributor of Renault in Morocco) and Nareva (energy).

Read Richest Men in Africa Forbes 

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2. Ali Bongo Ondimba ($1 billion) – Gabon

Ali Bongo Ondimba, 2012.jpg

Ali Bongo Ondimba (born Alain Bernard Bongo; 9 February 1959), sometimes known as Ali Bongo, is a Gabonese politician who has been President of Gabon since October 2009.

Ali Bongo is the son of Omar Bongo, who was President of Gabon from 1967 until his death in 2009. During his father’s presidency, he was Minister of Foreign Affairs from 1989 to 1991 and represented Bongoville as a Deputy in the National Assembly from 1991 to 1999; subsequently he was Minister of Defense from 1999 to 2009. Following his father’s death after 41 years in power, he was first elected in the August 2009 presidential election. He was re-elected in August 2016, in elections marred by numerous irregularities, arrests, human rights violations and post-election violence. Bongo is also President of the Gabonese Democratic Party.

Richest presidents in Africa 2021

3. Teodoro Obiang Nguema Mbasogo ($600 million) – Equatorial Guinea

Teodoro Obiang Nguema Mbasogo at the White House in 2014.jpg

Teodoro Obiang Nguema Mbasogo  is an Equatoguinean politician who has been President of Equatorial Guinea since 1979. He ousted his uncle, Francisco Macías Nguema, in an August 1979 military coup and has overseen Equatorial Guinea’s emergence as an important oil producer, beginning in the 1990s. Obiang was Chairperson of the African Union from 31 January 2011 to 29 January 2012. He is the second longest consecutively serving current non-royal national leader in the world.

Obiang has been widely accused of corruption and abuse of power. In marked contrast to the trend toward democracy in most of Africa, Equatorial Guinea is currently a dominant-party state, in which Obiang’s Democratic Party of Equatorial Guinea (PDGE) holds virtually all governing power in the nation. The constitution provides Obiang sweeping powers, including the right to rule by decree, effectively making his government a legal dictatorship.

Richest presidents in Africa 2021

4. Uhuru Kenyatta ($500 million) – Kenya

Uhuru Kenyatta.jpg

Uhuru Muigai Kenyatta  is a Kenyan politician, businessman, and the fourth and current President of the Republic of Kenya He served as the Member of Parliament (MP) for Gatundu South from 2002 to 2013. Currently, he is a member and the party leader of the Jubilee Party of Kenya. Uhuru was previously associated with the Kenya Africa National Union before joining The National Alliance, one of the allied parties that campaigned for his reelection during the 2017 general elections.

Read Richest Man in The World 2020

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He is the son of Jomo Kenyatta, Kenya’s first President, and his fourth wife Mama Ngina Kenyatta.  Uhuru was re-elected for a second term in the August 2017 general election, winning 54% of the popular vote. The win was formally declared on national television by the Chairman of the Independent Electoral and Boundaries Commission Wafula Chebukati. However, Uhuru’s election was successfully challenged in the Supreme Court of Kenya by his main competitor, Raila Odinga. On 1 September 2017, the court declared the election invalid and ordered a new presidential election to take place within 60 days from the day of the ruling. A new presidential election was held on 26 October, which he won, with 39% participation due to voter fatigue, voter apathy, and being boycotted by the opposition.

Read Number 5 of Top ten Richest Presidents in Africa 2021

5. Paul Kagame ($500 million) – Rwanda

Paul Kagame 2016-10-14.jpg

Paul Kagame  is a Rwandan politician and former military leader. He is the 4th and current President of Rwanda, having taken office in 2000 when his predecessor, Pasteur Bizimungu, resigned. Kagame previously commanded the Rwandan Patriotic Front, the Uganda-based rebel force that invaded Rwanda and was one of the parties of the conflict during the Rwandan genocide. He was considered Rwanda’s de facto leader when he served as Vice President and Minister of Defence from 1994 to 2000. He was re-elected in August 2017 with an official result of nearly 99% in an election criticized for numerous irregularities. He has been described as the “most impressive” and “among the most repressive” African leaders.

richest presidents in Africa 2021 Number 6

6. Cyril Ramaphosa ($450 million) – South Africa

richest presidents in Africa 2020

Matamela Cyril Ramaphosa  is a South African politician and the fifth and current President of South Africa. He succeeded Jacob Zuma. Previously an anti-apartheid activist, trade union leader and businessman, Ramaphosa served as the Deputy President of South Africa from 2014 to 2018. He was elected President of the African National Congress (ANC) at the ANC National Conference in December 2017. He is also the former Chairman of the National Planning Commission, which is responsible for strategic planning for the future of the country, with the goal of rallying South Africa “around a common set of objectives and priorities to drive development over the longer term”. Ramaphosa was elected president by the National Assembly to his first full term on May 22 following the ANC’s victory in the 2019 South African general election. In 2020, Ramaphosa began serving as Chairperson of the African Union.

Read Richest Politicians in Ghana

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He has been called a skillful negotiator and strategist  who acted as the ANC’s Chief Negotiator during South Africa’s transition to democracy. Ramaphosa built up the biggest and most powerful trade union in the country – the National Union of Mineworkers (NUM). He played a crucial role, with Roelf Meyer of the National Party, during the negotiations to bring about a peaceful end to apartheid and steer the country towards its first fully democratic elections in April 1994

richest presidents in Africa 2021 Number 7

7. King Mswati III ($200 million) – Swaziland

King Mswati III  richest presidents in Africa 2020

Mswati III is the king of Eswatini and head of the Swazi Royal Family. He was born in Manzini in the Protectorate of Swaziland to King Sobhuza II and one of his younger wives, Ntfombi Tfwala. He was crowned as Mswati III, Ingwenyama and King of Swaziland, on 25 April 1986 at the age of 18, thus becoming the youngest ruling monarch in the world at that time. Together with his mother, Ntfombi Tfwala, now Queen Mother , he rules the country as an absolute monarch. Mswati III is known for his practice of polygamy (although at least two wives are appointed by the state) and currently has 15 wives. His policies and lavish lifestyle have led to local protests and international criticism.

8. Abdel Fattah el-Sisi ($185 million) – Egypt

AFSisi.jpg

Abdel Fattah Saeed Hussein Khalil el-Sisi  is an Egyptian politician who is the sixth and current President of Egypt, former Director of Military Intelligence, former Minister of Defence, and former General. Starting 10 February 2019, Sisi also began serving a one-year term as Chairperson of the African Union, which concluded in 2020.

Sisi was born in Cairo and after joining the military, held a post in Saudi Arabia before enrolling in the Egyptian Army’s Command and Staff College. In 1992, Sisi trained at the Joint Services Command and Staff College at Watchfield, Oxfordshire, in the United Kingdom, and then in 2006 trained at the United States Army War College in Carlisle, Pennsylvania. Sisi served as a mechanized infantry commander and then as director of military intelligence. After the Egyptian revolution of 2011 and the election of Mohamed Morsi to the Egyptian presidency, Sisi was appointed Minister of Defence by Morsi on 12 August 2012, replacing the Mubarak-era Hussein Tantawi.

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richest presidents in Africa 2021 Number 9

9. Isaias Afwerki ($100 million) – Eritrea

Isaias Afwerki the richest presidents in Africa 2020

Isaias Afwerki (born 2 February 1946, is the first and current president of Eritrea, a position he has held since after the Eritrean War of Independence in 1993. He led the Eritrean People’s Liberation Front (EPLF) to victory in May 1991, ending the 30-year-old war for independence.

Isaias is the leader of Eritrea’s sole legal political party, the People’s Front for Democracy and Justice (PFDJ). He has been cited for human rights violations by the United Nations and Amnesty International. In 2015, Reporters Without Borders ranked Eritrea under the government of President Isaias Afewerki last in its press-freedom index for the eighth year running.

Read Number 10  Richest Presidents in Africa 2021

10. Idriss Déby ($50 million) – Chad

the richest presidents in Africa 2020 Idriss Déby at the White House in 2014.jpg

General Idriss Déby Itno is a Chadian politician who has been the President of Chad since 1990. He is also head of the Patriotic Salvation Movement. Déby is of the Bidyat clan of the Zaghawa ethnic group. He took power at the head of a rebellion against President Hissène Habré in December 1990 and has since survived various rebellions against his own rule. He won elections in 1996 and 2001, and after term limits were eliminated he won again in 2006, 2011, and 2016. He added “Itno” to his surname in January 2006. He is a graduate of Muammar Gaddafi’s World Revolutionary Center.

In conclusion, the source of wealth for most of the richest presidents in Africa 2021 is as a result of their long term in office.

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