Richard Branson and Virgin Earth Challenge

Prosperous British businessman Richard Branson has succeeded in life, starting, as they say, from zero.

From a poor family, he excelled in school, on the contrary, the past crawling a class to another, first at Scaitcliffe School, and then at Stowe School, where “managed” to rank last in the class .

First, stayed in jale because at first business was stolen from VAT, and later became one of the great billionaires. Filthy rich, announced last year that is no longer interested in money and spends half the effort unproductive activities. He became a philanthropist.
His megabrand, Virgin, is home to more than 250 companies, from gyms, gambling houses and bridal boutiques to fleets of planes, trains and limousines. The man even owns his own island.

And now Richard Branson is moving onward and upward into space (tourism): Virgin Galactic’s Philippe Starck-designed, The first Burt Rutan-engineered spacecraft, The Enterprise, completed its first captive carry in early 2010 and is slated to start carrying passengers into the thermosphere in 2012, at $200,000 a ticket.

Richard Branson has written his own rules for success, creating a group of companies that has studded everyone, but no central headquarters, no management hierarchy, and minimal bureaucracy. Many of his business – airlines, retail, Virgin Coke, occurred in areas where competition was quite high. He gave each a gold mine in markets where consumers were dissatisfied, where confusion was mainly operating and competing firms stagnating.

Branson also has a philanthropic streak. He’s pledged the next 10 years of profits from his transportation empire (an amount expected to reach $3 billion) to the development of renewable alternatives to carbon fuels. And then there’s his Virgin Earth Challenge, which offers a $25 million prize to the first person to come up with an economically solution to the greenhouse gas problem.