Virgin Tycoon Richard Branson ‘Feared Losing Everything’ During Pandemic

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By THE PRESS ASSOCIATION (Anna Wise, PA Business Reporter)

May 4, 2023 at 10:15 AM UTC

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Sir Richard Branson has revealed his Virgin empire lost £1.5 billion during the coronavirus pandemic as he feared he would "lose everything".

The British entrepreneur, who is thought to be worth £4.2 billion and lives on a private Caribbean island, defended his decision to ask the Government for a Covid loan.