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West Riding of Yorkshire
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16-07-2021, 07:53 PM
11

Re: Richard Branson

Originally Posted by Zaphod ->
He has great business acumen, hence his enormous wealth ...................... but he still strikes me as being a bit of a pillock.
Not the rags-to-riches story that is often portrayed. He comes from a wealthy family and was assisted by his dad financially to create Virgin Records. His biggest stroke of luck or maybe business acumen came in the form of the then unknown Mike Oldfield who he signed up. Both parties did extremely well financially out of it.
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Sudbury, United Kingdom
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18-07-2021, 11:47 AM
12

Re: Richard Branson

He also went to prison for tax evasion and fraud.

Mr Branson isn't the principled man he thinks he is.
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18-07-2021, 02:55 PM
13

Re: Richard Branson

Originally Posted by Bread ->
He also went to prison for tax evasion and fraud.

Mr Branson isn't the principled man he thinks he is.
He has been involved in our WiFi supplier, Virgin Media (not sure if he still is), therefore I don't like him!
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18-07-2021, 03:49 PM
14

Re: Richard Branson

Originally Posted by Bread ->
He also went to prison for tax evasion and fraud.

Mr Branson isn't the principled man he thinks he is.
https://slate.com/business/2014/05/r...llionaire.html

The plot to defraud Customs and Excise was just another wacky prank.

Branson’s headmaster at school had once predicted that the young man would either become a millionaire or go to prison. “By twenty-one, he had achieved the latter, albeit briefly.”

“Incentives come in all shapes and sizes,” Branson wrote, “but avoiding prison was the most persuasive incentive I’ve ever had.” The young Branson seems to have taken away a related lesson from his experience: The value of a good tax lawyer. As he wrote in his memoir, the night in jail impressed upon Branson the need to keep his business above board.
 
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