Get all your news in one place.
100's of premium titles.
One app.
Start reading
Fortune
Fortune
Ryan Hogg

Sir Richard Branson—who hates being called a billionaire—sees net worth fall back to 2000 levels

Sir Richard Branson attends the presentation of Virgin Fiber. (Credit: Roberto Finizio—Getty Images)

British billionaire Sir Richard Branson hates being called a billionaire and thinks it’s very sad when people use wealth to gauge success. The Virgin Group founder may take some solace in that belief the next time his accountants visit.

Branson’s net worth dipped by £100 million ($126 million) to £2.4 billion ($3 billion) last year, according to the latest Sunday Times Rich List, as his companies continued their struggle to recover massive valuation losses experienced during the pandemic.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.