Billionaire tells of personally losing £1.5bn and ‘painful’ backlash after plea for state loan for Virgin Atlantic
has revealed that things got so bad for his businesses during the Covid-19 pandemic that he feared he would lose his entire empire of planes, trains, hotels, health clubs and spaceships.the British billionaire told the BBC
In the interview with the BBC’s Amol Rajan, Branson said he personally lost about £1.5bn during the pandemic. Branson, who is one of the richest people in the UK, made the plea for a Treasury bailout from his private Necker island in the Caribbean, after the British airline easyJet secured a £600m loan from the government.
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