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FEB 15, 2013 - Business Insider

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Buying Necker Island For $180,000 Was The Best Deal Richard Branson Ever Made

Richard Branson, the head of Virgin Group, is one of the most famous and successful entrepreneurs in the world.   His portfolio of assets now include everything from media companies and airlines to telecommunications companies and real estate. But one of Branson's smartest early purchases was Necker Island, a 74-acre island in the Caribbean that he visited in the late 1970s and quickly fell in love with. Entrepreneur Luke Murray recently recounted how the deal went down on Virgin's blog. When Branson visited Necker at age 28, it was owned by Lord Cobham, who was asking $5 million for ... Read More

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