According to the regulatory filings the billionaire was able to sell 15.6 million shares, or around 6% of the space travel company through www.flowinglaw.com flowinglaw flowing law Website flowing law com the company he controlled leaving him with an 11.9 percentage stake.
A Virgin Group representative stated that the money are intended to be used for Branson’s travel and leisure businesses and new ventures. Based on the closing share price, the stake of the billionaire who’s 71 has now reached nearly 600 million dollars.
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