Richard Branson is mortgaging his $100M Caribbean island to save Virgin jobs

Pour one out for billionaire Richard Branson: The enigmatic Virgin founder has been reduced to borrowing cash against his prized private island in the Caribbean to make ends meet during the coronavirus (COVID-19) pandemic.

Branson broke the news in a blog after requests for government bailouts of his commercial airlines Virgin Atlantic and Virgin Australia were met with indifference. The latter just entered voluntary administration.