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Richard Branson doesn't want to be defined by his net worth. Neither should you, according to leadership expert Rohan Verma. Anyone, billionaire or not, should try to make career choices that can foster long-term happiness, Verma says — rather than simply chasing the job that pays the most. One way to think about it: the Japanese concept of "ikigai," which is intended to help people find purpose in a busy and happy life. "Ikigai is a conflation of four different things: what you're good at, what you love doing, what the world really needs, and what you can be paid for," Verma explains.
Persons: Richard Branson doesn't, Rohan Verma, Verma, it's, Organizations: LinkedIn Locations: San Francisco
Richard Branson doesn't think of himself as a businessman — and he believes that helped him build Virgin Group into what it is today. "I don't ever think of myself as a businessperson, or even really an entrepreneur," Branson tells CNBC Make It. "I just see myself as somebody that loves to create things that I can be proud of." "There's many things that we've done that we wouldn't have done if we'd listened to accountants," says Branson. Perhaps ironically, the strategy has proved lucrative for Branson, whose current net worth is estimated at $2.5 billion, according to Forbes.
Persons: Richard Branson doesn't, , Branson, we'd Organizations: Virgin Group, CNBC, Virgin Atlantic, Virgin Galactic, Branson, Forbes Locations: Branson
Richard Branson doesn't want to be defined by his money. Specifically, he finds it "quite insulting" when he is introduced as "the billionaire Richard Branson," rather than as the co-founder of Virgin Group, he tells CNBC Make It. "Maybe in America, 'billionaire' is a sign of success, but that rankles me," says Branson. "Your reputation is [whether] your team of people who work with you are proud of what they've created," Branson says. Financial success has often followed, but Branson is adamant that money has never been his chief motivating force.
Persons: Richard Branson doesn't, Richard Branson, Forbes —, they've, Branson, Organizations: Virgin Group, CNBC, Branson, Virgin Atlantic, Virgin Mobile Locations: America, Branson, Vietnam
Investing in Space: The latecomer
  + stars: | 2023-03-23 | by ( Michael Sheetz | ) www.cnbc.com   time to read: +3 min
CNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. A small group of Virgin Orbit employees are rolling back into the company's Long Beach, California, headquarters today. Virgin Orbit this week announced a partial resumption of operations, potentially bolstered by a surprising new backer: private investor Matthew Brown. A person close to the Virgin Orbit deal described Brown as a "latecomer" and said company leadership initially considered his bid "super fringe." From another investor's perspective, Virgin Orbit was "the most likely to succeed after Rocket Lab " in the small satellite launch market.
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