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Richard Branson

From Deep Politics Wiki
 Sir Richard Branson  link
(Billionaire)
BornRichard Charles Nicholas Branson
18 July 1950
Blackheath, London, England
NationalityUK
Alma materStowe School
ParentsEve Branson
Children3
SpouseKristen Tomassi
UK billionaire spending a lot to keep up positive image. In Epstein's Black Book

Sir Richard Branson is an English business magnate, investor and "philanthropist"[1] who was a member of the Global Leaders for Tomorrow 1993 group. He owns his own private pleasure island in the Caribbean. [2]

Family

Richard Branson is the son of Eve Branson who was founding member board of directors of the International Centre for Missing & Exploited Children in 1999[3]. Branson was the founding sponsor.[4]

Young entrepreneur

Branson expressed his desire to become an entrepreneur at a young age. His first business venture, at the age of 16, was a magazine called Student.[5] In 1970, he set up a mail-order record business. He opened a chain of record stores, Virgin Records — later known as Virgin Megastores — in 1972.

Branson's Virgin brand grew rapidly during the 1980s, as he set up Virgin Atlantic airline and expanded the Virgin Records music label. He became known for his branding, a "Virgin" logo in blood-red writing.

Knighted

In March 2000, Branson was knighted at Buckingham Palace for "services to entrepreneurship".[6] 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 became a prominent figure.[7][8]

In 2002, he was named in the BBC's poll of the 100 Greatest Britons.[9]

In 2004, he founded spaceflight corporation Virgin Galactic, noted for the SpaceShipOne project.

Private island

File:Branson Epstein.webp
Branson with Epstein.[10]

He bought Necker Island in the British Virgin Islands in 1979.[11] Members of the cult NXIVM s held wild parties and seminars on the island in 2007 and 2010. At least one of the visits is said to have been paid for by billionaire heiress and Nxivm follower Sara Bronfman, whose late father, businessman Edgar Bronfman Sr., knew Branson.[12]

Billionaire

In November 2017, Forbes listed Branson's estimated net worth at $5.1 billion.[13] {{#subobject: |Has superobject=Richard Branson |Has objectClass=Quotation |Has author=Nick Davies|+sep=, |Has text=“All big entrepreneurs have the stink of unpopularity around them. Whether it is through envy or sincere distaste, Donald Trump, James Goldsmith, Rupert Murdoch, Robert Maxwell and Richard Branson have all become popular figures of hate.” |Is about=Richard Branson,Donald Trump, James Goldsmith, Rupert Murdoch, Robert Maxwell, Richard Branson, entrepreneur|+sep=, |Has wikipediaPage= |Has location=|+sep=, |Has publicationDate=August 1990 |Sourced from=Document:Tiny Rowland – portrait of the bastard as a rebel |Has sourceDetails= |Has sourceTitle= |Has sourceName=Document:Tiny Rowland – portrait of the bastard as a rebel |Has sourceURL=

}}

“All big entrepreneurs have the stink of unpopularity around them. Whether it is through envy or sincere distaste, Donald Trump, James Goldsmith, Rupert Murdoch, Robert Maxwell and Richard Branson have all become popular figures of hate.”
Nick Davies (August 1990)  [14]

Tax exile

In 1971, Branson was convicted and briefly jailed for tax evasion, having fraudulently obtained export documents for records to be sold on the domestic market in order to avoid paying Value Added Tax. [15][16] Customs officials caught onto the scheme and executed a sting operation, marking records bought for the international market with invisible ink and subsequently buying them on the domestic market. Branson was advised of the sting by an anonymous tip-off and attempted to dispose of the evidence, but this was unsuccessful.[17][18]

Branson's business empire is owned by a complicated series of offshore trusts and companies.[19] The Sunday Times stated that his wealth is calculated at £3 billion; if he were to retire to his Caribbean island and liquidate all of this, he would pay relatively little in tax.[20] Branson has been criticised for his business strategy, and has been accused of being a carpetbagger.[21][22][23][24] Branson responded that he is living on Necker for health rather than tax reasons.[25]

In 2013, Branson described himself as a "tax exile", having saved millions in tax by surrendering his British citizenship.[26]

This was echoed by Shadow Chancellor of the Exchequer, Labour's John McDonnell, in 2016, amid calls for his knighthood to be revoked.[27]

In February 2018, Sir Richard Branson asked:

“Are you ready to say goodbye to orangutans? Then it’s time we act to demand an end to the use of unsustainable palm oil in the products we buy.”[28]


References

  1. ↑ "RICHARD CHARLES NICHOLAS BRANSON - Company Director Check"
  2. ↑ https://web.archive.org/web/20110303202728/http://www.thisislondon.co.uk/standard-home/article-23897620-londons-1000-most-influential-people-2010-tycoons-and-retailers.do
  3. ↑ https://web.archive.org/web/20150703182150/http://www.icmec.org/missingkids/servlet/PageServlet?LanguageCountry=en_X1&PageId=1225
  4. ↑ https://web.archive.org/web/20141029054446/http://www.icmec.org/missingkids/servlet/NewsEventServlet?LanguageCountry=en_X1&PageId=4888
  5. ↑ "Back to the future for Richard Branson's retro 80s speedboat"
  6. ↑ http://news.bbc.co.uk/1/hi/uk/695511.stm
  7. ↑ Barling, Julian. The SAGE Handbook of Organizational Behavior: Volume Two: Macro Approaches. SAGE. p. 383.
  8. ↑ http://www.telegraph.co.uk/culture/tvandradio/10050832/Thirty-of-the-very-best-of-British.html
  9. ↑ "100 great British heroes". BBC News. Retrieved 21 March 2014
  10. ↑ https://www.justice.gov/epstein/files/DataSet%202/EFTA00003540.pdf
  11. ↑ https://www.virgin.com/branson-family/richard-branson-blog/how-i-bought-necker-island
  12. ↑ https://nypost.com/2018/04/23/sex-cult-partied-on-richard-bransons-private-island/
  13. ↑ https://www.forbes.com/profile/richard-branson
  14. ↑ Document:Tiny Rowland – portrait of the bastard as a rebel
  15. ↑ http://www.slate.com/articles/business/how_failure_breeds_success/2014/05/richard_branson_tax_fraud_how_a_youthful_indiscretion_helped_create_a_billionaire.html
  16. ↑ http://guardianlv.com/2014/05/richard-branson-from-tax-fraud-to-billionaire/
  17. ↑ http://www.slate.com/articles/business/how_failure_breeds_success/2014/05/richard_branson_tax_fraud_how_a_youthful_indiscretion_helped_create_a_billionaire.html
  18. ↑ http://guardianlv.com/2014/05/richard-branson-from-tax-fraud-to-billionaire/
  19. ↑ Document:Tiny Rowland – portrait of the bastard as a rebel
  20. ↑ http://www.timesonline.co.uk/article/0,,2087-2483988_2,00.html
  21. ↑ https://www.theguardian.com/commentisfree/2011/nov/21/richard-branson-northern-rock
  22. ↑ https://www.theguardian.com/commentisfree/2013/jun/24/richard-branson-defence-virgin-trains
  23. ↑ https://www.theguardian.com/commentisfree/2013/jun/10/truth-richard-branson-virgin-rail-profits
  24. ↑ http://www.dailymail.co.uk/news/article-2217712/Branson-eyes-RBS-bargain-After-1-65bn-deal-collapses-tycoon-bid-just-650m-316-branches.html
  25. ↑ https://www.theguardian.com/business/2013/oct/13/richard-branson-tax-exile-virgin
  26. ↑ "I’ve been a tax exile for seven years, says Branson"
  27. ↑ "‘Tax exile’ Richard Branson facing calls for his knighthood to be scrapped"
  28. ↑ "RICHARD BRANSON WANTS US TO SAVE ORANGUTANS BY DITCHING PALM OIL"
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