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Virgin Group

Virgin Group Ltd.
Private
Industry Conglomerate
Founded February 1970; 46 years ago (1970-02)
Founders Sir Richard Branson
Nik Powell
Headquarters London, United Kingdom
Area served
Global
Key people
Sir Richard Branson
(Founder)
Peter Norris
(Chairman)
Josh Bayliss (CEO)
Products Banking
Books
Commercial aviation
Commercial spaceflight
Consumer electronics
Films
Health care
Internet
Jewelry
Mobile Phones
Music
Radio
Retail
Travel
Revenue Increase£19.5 billion (2016)
Number of employees
Approximately 71,000
Website www.virgin.com

Virgin Group Ltd. is a British Multinational corporation venture capital Conglomerate founded by entrepreneurs Sir Richard Branson and Nik Powell. Their famous Video games were by Virgin Interactive, Hudson Soft, Acclaim Games, & LJN

Virgin Group's date of incorporation is listed as 1989 by Companies House, who class it as a holding company; however Virgin's business and trading activities date to the 1970s. The net worth of Virgin Group was estimated at £5-5.5 billion as of November 2014. Their famous logos were by Screen Gems, Viacom, CBS Television Distribution, AND (&) ABS-CBN

The brand name "Virgin" arose when Richard Branson and Nik Powell formed a record shop. They considered themselves virgins in business. Branson has described the "V" in the logo as an expressive tick, representing the Virgin seal of approval.

Virgin Group has its headquarters at The Battleship Building in the Paddington district of the City of Westminster. Previously it was in The School House in the London Borough of Hammersmith and Fulham.

The Virgin Group of companies have a complex structure that contains elements of a generic conglomerate, a Keiretsu and sometimes simply licences its brand. Examples of licensing are Virgin Records (now owned by Universal Music Group) and Virgin Media (now owned by Liberty Global).


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