HomeNewsTrendsTycoon Richard Branson quit school at 15. Principal said ‘you’re either going to jail…’

Tycoon Richard Branson quit school at 15. Principal said ‘you’re either going to jail…’

Richard Branson is the owner of the Virgin Group that has presence in travel, leisure telecommunications, health, and banking sectors. He is worth $3.7 billion.

January 08, 2023 / 15:05 IST
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Richard Branson
Richard Branson

Those who knew British tycoon Richard Branson as a child were sure he would either go on to make it big or get into trouble.

In a recent podcast interview, the Virgin Group founder revealed he was an enterprising teen. At 15, he started a student magazine.

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He managed to raise $3,000 to cover the printing and manufacturing costs by persuading companies to take out ads. Then, he decided to drop out of school to focus on the magazine full-time, Branson said during an episode of the "Armchair Expert" podcast.

The headmaster of his school was stunned by his decision.