Does Richard Branson own an island? How much did Branson pay for his island?

Sir Richard Charles Nicholas Branson is a British billionaire, entrepreneur, and business magnate who founded The Virgin Group in the 1970s, which today controls more than 400 companies in various fields.

Wth so much wealth, Branson has been able to acquire an island.

Does Richard Branson own an island?

Branson is the proud owner of Necker Island, under Sir Branson’s exclusive Virgin Limited Edition portfolio.

The island is one of those mythic, no-introduction-needed destinations that most people only dream about.

Necker Island is a 30-hectare (74-acre) island in the British Virgin Islands just north of Virgin Gorda. The island is part of the Virgin Limited Edition portfolio of luxury properties.

How much did Branson pay for his island?

Branson dished out a whopping $180,000 for Necker Island in 1979 and converted into a private-island resort in 1983.

Branson’s investment has paid off heavily as today, Necker Island is now valued at from $100 to $150m – making it one of the most expensive private islands in the world.