Branson was born in Blackheath in London, he was the eldest son of a barrister.He attended Scaitcliffe School until the age of thirteen. He then attended Stowe School until the age of sixteen. Branson has dyslexia and had poor academic performance as a student.
His first business venture when he was only 16 was a magazine called Student. In 1970, at the age of twenty, he set up an audio-record mail-order business. Only 2 years later he started a chain of record stores, Virgin Records, which became known as Virgin Megastores. Branson's Virgin brand grew rapidly during the 1980s, as he set up Virgin Atlantic Airways and expanded the Virgin Records music label.
He then formed Virgin Atlantic Airways in 1984, launched Virgin Mobile in 1999, Virgin Blue in Australia now named Virgin Australia in 2000.Branson wrote in his autobiography of the decision to start an airline:“My interest in life comes from setting myself huge, apparently unachievable challenges and trying to rise above them...from the perspective of wanting to live life to the full, I felt that I had to attempt it.”
In 1993, Virgin Trains won the franchises for the former Intercity West Coast and Cross-Country sectors of British Rail.
As well as all of the succesful business venture Sir Richard Branson has also had to make difficult decisions in order to save his businesses including the sale of the Virgin Record label to EMI for £500 million in 1992 in order to save his airline company, Virgin Atlantic Airways, which he described as ‘heart-breaking’. There have also been a number of products which did not achieve the desired success such as virgin cola, virgin vodke, virgin brides, virgin cars, virgin clothing,virgin ware, virgin vie and even virgins very own version of facebook. Sir Richard Branson has been quoted as saying “My mother