Virgin

Whitstabletangerine

Whitstabletangerine

Well-known member
Branson is looking for the government to help out the airline financially to the tune of £500 million because in common with so many others, are finding things very tough at present.
Should a billionaire owner with his own private island in the Caribbean get help from the tax payer, or should he have to stand on his own two feet.

I am fairly certain some years ago he objected to BA getting any government help, but I may be barking up the wrong tree.
 
Richard Branson

Net Worth: $5.1 billion

As the founder of Virgin Records and Virgin Atlantic airlines, Richard Branson is a business mogul sitting on a cool $5 billion fortune. Although he hails from the U.K., his primary residence is on Necker Island, an island in the Caribbean that he purchased for $180,000. Branson has repeatedly been accused of escaping to Necker Island as a way out of paying taxes due to the lack of income taxes there, but the Virgin mogul has denied this.

“I have not left Britain for tax reasons but for my love of the beautiful British Virgin Islands,” Branson wrote on the Virgin website in 2013, according to The Telegraph.

As a resident in the U.K., Branson would have to pay 50 percent of his income in taxes, compared to zero percent income taxes as a permanent resident on Necker Island.

I think that clears that question up.
 
On the surface it seems crazy to fund Virgin, but Rolls Royce and a few other massive companies have said that if Virgin goes under they will too.
 
Whitstabletangerine said:
Branson is looking for the government to help out the airline financially to the tune of £500 million because in common with so many others, are finding things very tough at present.
Should a billionaire owner with his own private island in the Caribbean get help from the tax payer, or should he have to stand on his own two feet.

I am fairly certain some years ago he objected to BA getting any government help, but I may be barking up the wrong tree.
Click to expand...
If he paid tax in this country and supported his own workforce I might have some sympathy. He does neither.

It's not that long ago he was bleating about Flybe getting a few quid.
 
This greed rat has won £2 billion in NHS contracts and sued the NHS for an undisclosed amount. This fat sewer rat continues to gorge on public money while he lives TAX FREE on his private British Virgin Island tax haven.
 
He can go to hell as far as I'm concerned.

If he dropped his ego space plans, he may be able to help himself- and not to public coffers.
 
No surprise that the super rich with super low morals or ethics are looking for others to fund them.
I will bask in the glory of my success, as long as you bail me out when it gets tough.....
 
Chunkylad said:
No surprise that the super rich with super low morals or ethics are looking for others to fund them.
I will bask in the glory of my success, as long as you bail me out when it gets tough.....
Click to expand...
The Queen and royal family aint giving much either...not good and no more speeches please
 
Whitstabletangerine said:
Branson is looking for the government to help out the airline financially to the tune of £500 million because in common with so many others, are finding things very tough at present.
Should a billionaire owner with his own private island in the Caribbean get help from the tax payer, or should he have to stand on his own two feet.

I am fairly certain some years ago he objected to BA getting any government help, but I may be barking up the wrong tree.
Click to expand...
No stuff him.

He’s got billions in his pockets.
 
Indeed,

“look at me I am a billionaire I did it through risk taking and entrepreneurial skill”

sound of Shiite hitting fan

“can I have a handout please?”
 
Richard Branson asks for £500 million. Meanwhile....

Lady Gaga has worked with the charity Global Citizen to raise $35m (£28m) through corporate and philanthropic donations, and is organising the all-star Together At Home concert this weekend
  • Rihanna's Clara Lionel Foundation has donated $5m (£4m) for causes like food banks, testing in Africa, and protective equipment, and has separately said she has given $2.1m (£1.7m) to help domestic violence victims in LA.
  • Sir Elton John donated $1m to help "respond to the effects of COVID-19 on HIV care for the most marginalised communities around the world", and hosted the iHeart Living Room Concert For America, which raised $10m (£7.9m).
  • U2 have donated €10 million (£8.6m) to buy personal protective equipment (PPE) for frontline staff in Ireland, with Bono personally lobbying businesspeople to secure supplies (as well as offering a song inspired by the crisis).
  • Oprah Winfrey has said she is giving a total of $10m (£8.01m) "to help Americans during this pandemic in cities across the country and in areas where I grew up".
  • Actors Damian Lewis, Helen McCrory and Matt Lucas have raised £1.1m through a campaign to feed NHS workers.
 
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