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Virgin Galactic's Richard Branson – who is slated to fly into space nine days before Amazon's Jeff Bezos – saw wealth surge after starting the Virgin Group, a now-multinational venture capital conglomerate.
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To date, his net worth hovers around $6 billion, according to Forbes estimates. However, the British entrepreneur admits that his fortune never would have existed without the help of his late mother Eve Branson.
|SPCE||VIRGIN GALACTIC HOLDINGS INC.||49.20||-3.49||-6.62%|
"It is no exaggeration to say I owe my career to mum," Richard Branson wrote in a public letter announcing the passing of his mother in early January.
In the '60s, Eve Branson came across a lost necklace on the street which she later ended up selling and giving all the proceeds to the now business magnate, Richard Branson said.
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"Without that £100, I could never have started Virgin," he added.
By the '70s, Richard Branson and Nik Powell started a mail-order record retailer. From there, the business then evolved into a record shop on Oxford Street in London called Virgin Records, according to Virgin's website.