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The Independent UK

Business

Anna Wise

Rich list: Sir Richard Branson’s wealth shrinks by £1.8bn in a year

Richard Branson Virgin Orbit Sunday Times Virgin Virgin Atlantic Virgin Group

Sir Richard Branson has seen his fortune shrink by more than 40% in a year after revealing his Virgin empire suffered big losses during the pandemic.

The British entrepreneur slipped down the annual Sunday Times Rich List following his satellite launch company, Virgin Orbit, going bankrupt.

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