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Virgin Group's date of incorporation is listed as 1989 by Companies House, who class it as a holding company; however, Virgin's business and trading activities date back to the 1970s. The net worth of Virgin Group was estimated at £3 billion as of early 2023.
- February 1970; 53 years ago
- Richard Branson
- London, England
The Virgin Group is made up of Virgin Group Holdings Limited (VGHL) and its subsidiaries, and certain assets owned directly by VGHL’s sole shareholder, Richard Branson. The Virgin branded businesses span multiple sectors: Travel & Leisure, Health & Wellness, Music & Entertainment, Telecoms & Media, Financial Services and Space.
The Virgin brand was born in 1970 when Richard Branson and his friend Nik Powell launched a mail order record business and chose the name Virgin, because they were entirely new to business. Equipped with a lot of courage, audacity and youthful self-belief, the mail order business evolved into Virgin Records with a record shop on Oxford Street ...
May 3, 2024 · Richard Branson shares the simple mindset that’s key to his $2.5 billion success: ‘I don’t ever think of myself as a businessperson’. Sir Richard Branson in space on July 11, 2021. Richard ...
- 7 min
Virgin Group PLC is a privately owned holding company primarily involved with airline, music, video, publishing, and retail ventures. Based in Great Britain, Virgin has operations in more than 20 other countries, including the United States.
Nov 5, 2014 · Virgin companies made £15bn in revenues in the past financial year, but these bear little relation to the value or performance of the holding company. VGH owns 27 per cent of the 12 largest ...
The Virgin Group has been an investor in the space sector for more than a decade. Its principal investment is Virgin Galactic – the world’s first and only publicly listed spaceflight company. Clean energy. The Virgin Group invests in renewable projects with high growth potential underpinned by established technologies, which can drive ...
