Richard Branson says he came close to losing Virgin Group empire during pandemic

  • 📰 GuardianAus
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 98%

Loans Loans Headlines News

Loans Loans Latest News,Loans Loans Headlines

Billionaire tells of personally losing £1.5bn and ‘painful’ backlash after plea for state loan for Virgin Atlantic

has revealed that things got so bad for his businesses during the Covid-19 pandemic that he feared he would lose his entire empire of planes, trains, hotels, health clubs and spaceships.the British billionaire told the BBC

In the interview with the BBC’s Amol Rajan, Branson said he personally lost about £1.5bn during the pandemic. Branson, who is one of the richest people in the UK, made the plea for a Treasury bailout from his private Necker island in the Caribbean, after the British airline easyJet secured a £600m loan from the government.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in LOANS

Loans Loans Latest News, Loans Loans Headlines