How did Richard Branson get so rich? At what age did Richard Branson become a millionaire?

Sir Richard Charles Nicholas Branson is a British billionaire, entrepreneur, and business magnate who founded The Virgin Group in the 1970s, which today controls more than 400 companies in various fields.

Born on 18th July 1950, Branson set out to become an entrepreneur at a very young age.

• At age 16, he set up his first business venture, a magazine called Student.
• In 1970, he set up a mail-order record business and 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 started Virgin Atlantic airline and expanded the Virgin Records music label.

• In 1997, Branson founded the Virgin Rail Group to bid for passenger rail franchises during the privatisation of British Rail.
• The Virgin Trains brand operated the InterCity West Coast franchise from 1997 to 2019, the InterCity CrossCountry franchise from 1997 to 2007, and the InterCity East Coast franchise from 2015 to 2018.

He became a millionaire at age 23 and in 2004, he founded spaceflight corporation Virgin Galactic, based at Mojave Air and Space Port in California, noted for the SpaceShipTwo suborbital spaceplane designed for space tourism.