Led by visionary founder, chairman, and owner Sir Richard Branson, holding company Virgin Group gets around. Made up of over 60 businesses and serving 60 million customers worldwide, Virgin aims to furnish an affluent lifestyle via its five core sectors: Travel & Leisure, Telecoms & Media, Music & Entertainment, Financial Services and Health & Wellness. The group's travel-related operations, led by 51%-owned Virgin Atlantic Airways, are among its largest cash generators. Besides travel and leisure, the group's major operating areas include financial services ( Virgin Money) and telecom ( Virgin Media). Virgin was established in 1970.
Virgin Group Ltd.’s diverse operations include phone services, financial services, leisure, music, holidays, and health and wellness.
Its holiday operations include flagship Virgin Atlantic, its low-fare cousin Virgin Australia, which operates a fleet of some 124 aircraft, and Virgin Rail. It also sells tour packages and holidays via Virgin Holidays, and cruises via Virgin Cruises.
Virgin operates a chain of health clubs across the UK, Italy, Spain, Portugal, South Africa, Namibia, Australia, Thailand and Singapore via its Virgin Active business. The health clubs number 275, and are mostly found in South Africa and the UK.
Its telephony operation comprises Virgin Mobile, financial services comprises 20%-owned Virgin Money, and its Music business includes V Festival, an annual music festival held in England.
Virgin Group has operations in 35 countries across the globe.
The Group has annual revenue of around $24 billion.
Virgin Group was incorporated as a holding company in 1989, but began life as a London record store in the early seventies