Skip to content
Subscriber Only

Richard Branson’s Wealth Falls to Earth as Virgin Galactic Sputters

  • Value of his stake in space-travel firm tumbles $1.1 billion
  • Virgin Galactic reported widening fourth-quarter losses
Richard Branson
Richard BransonPhotographer: Michael Nagle/Bloomberg
Updated on

Wearing a black suit and harness, Richard Branson once leaped from the roof of a Las Vegas casino to launch one of his ventures.

His fortune headed in the same direction this week.