The Virgin Atlantic airline Branson started and grew from an industry underdog to a major international carrier is now at risk of collapsing.
Branson’s Virgin Group has several other businesses in industries that have all been hit hard by the coronavirus. His sparkling empire is taking hits on all sides from a global pandemic.
Correction (May 27, 2020): At 2:25, we initially stated that Virgin receives roughly $20 million a year in licensing royalties, but Virgin received licensing royalties of more than $100 million in 2019.
(Source: CNBC YouTube channel)
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