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Post In:  Rags to Riches

Started With The Smallest Start-Up Capital, A Mere £300, Today Richard Branson’s Net Worth Is $5.1bn

By       -   December 20th, 2015

In 1966, a dyslexic sixteen–year–old boy dropped out of school. With the help of a friend, he started a magazine for students and made money by selling advertisements to local businesses.

 

With only a little bit of money to get started, he ran the operation out of the crypt inside a local church.

 

Over the next decade, the young boy grew his record label by adding bands like the Sex Pistols, Culture Club, and the Rolling Stones.

 

Along the way, he continued starting companies: an airline business, then trains, then mobile phones, and on and on. Almost 50 years later, there were over 400 companies under his direction.

 

Today, that young boy who dropped out of school and kept starting things despite his inexperience and lack of knowledge has net worth of $5.1bn.

 

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