Sir Richard Charles Nicholas Branson (born 18 July 1950) is a British industrialist, best known for his Virgin brand of over 360 companies. At age 16, Branson had his first successful business venture, publishing a magazine called Student. In 1970, he set up an audio record mail-order business. In 1972, he opened a chain of record stores, Virgin Records, later known as Virgin Megastores. Branson's Virgin brand grew rapidly during the 1980s—as he set up Virgin Atlantic Airways and expanded the Virgin Records music label. Richard Branson is the 261st richest person in the world according to Forbes' 2009 list of billionaires, with an estimated net worth of approximately £2.6 billion (US$3.9billion). I think enterpreneur spirit is in people's soul, and he was born with that.