Sir Richard Branson has opened up about the difficult time he faced during the Covid pandemic in a candid interview. Branson confirmed that he lost around £1.5billion during the pandemic and the difficulties in trying to save his businesses left him feeling “a little depressed” for a couple of months, which was an unfamiliar experience for him.
The Virgin Group, which he founded, faced media criticism after it requested a loan from the UK Government to rescue the struggling company.
Sir Richard’s request was met with disapproval because of his wealth and his ownership of a Caribbean island.
The British businessman told the BBC: “There was a time when I thought we were going to lose everything.
“We sold shares in companies that were public and that was one way we managed to find money.”
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Sir Richard Branson discussed his past marketing campaigns and publicity stunts involving glamorous women, some of whom he threw over his shoulder, during an extensive interview with the BBC’s Amol Rajan.
When asked whether those stunts made him cringe now, he responded by saying: “It would make me wince if I felt the women were uncomfortable at all.
“I don’t think that I ever made anybody feel uncomfortable. In those days, it made them smile… But today obviously, I think people would feel uncomfortable with something like that.
“So it’s changed and I fully accept that. And I’ve changed alongside everybody else.”
Sir Richard Branson accomplished his long-held ambition of reaching the edge of space on board his Virgin Galactic commercial space plane in 2021.
He described the experience as one of the most extraordinary days of his life.
When questioned about whether space exploration is an appropriate area of investment for the ultra-rich and whether it conflicts with addressing climate change, he argued that it is a valuable investment.
He has invested significant time and money in climate change initiatives.