Business | Still smiling, captain?

Virgin looks for help

Richard Branson’s business empire faces pandemic disruption

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NO OTHER BUSINESS figure holds a candle to Sir Richard Branson when it comes to public-relations stunts. Not all of the British entrepreneur’s capers go off without a hitch, however: he was once rescued by an RAF helicopter when his speedboat capsized while attempting a record-breaking Atlantic crossing. His record in business with his Virgin-branded empire is also studded with successes and failures, among the latter being Virgin Cola, Virgin Brides (an attempt to disrupt the wedding industry) and Virgin Cars (a short-lived online retailer). Through thick and thin the bearded tycoon has hustled on, armed with a high-profile brand and a cheesy perma-grin. At the end of 2019 his empire was estimated to be worth over £4bn ($5.1bn)

This article appeared in the Business section of the print edition under the headline “Still smiling, captain?”

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