Sir Richard Branson has built a global empire and a widely recognized brand through charisma, brains and sheer guts.
But the future of that empire depends heavily on travel and leisure businesses, which the coronavirus pandemic is now threatening.and Virgin Australia, which are both struggling as planes remain largely grounded around the world. A fledgling cruise line was supposed to make its maiden voyage this spring, but has been delayed. Virgin's boutique hotel chain, which had already been beset by delays, is suing the owner of one of its properties and has had to shut down or reduce traffic at the few hotels open.space tourism venture to raise capital to assist other businesses. Virgin told CNBC the group is taking the long view and has enough capital to make it through the crisis.
He could just write a cheque, instead he is asking taxpayers to save him. Meanwhile his business virgingalactic is still spending billions to fly to the moon.
Well this has happened to the average Joe almost every month, including myself. The way my mother taught me to make it through life was 'NOT LIVE BEYOND MY MEANS STUPID!'
Yeah starting space is how you get bankrupt
Garbage. He owns stuff all of these companies.
Tough Shit ....!!!
The only other option besides selling shares would be to diversify in the form of a llc but that be even riskier... but as the saying goes when there’s blood in the streets... make your mark
Additionally sell some of the wealth reel estate accumulated over the years, estimated private wealth is at 4.5 Billion USD---
Trying? He has more than enough money to save virgin, he's just greedy.
He should ask fraudsters chamath to print some Ponzi assets . $SPCE
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