We’ve heard of British entrepreneur Richard Branson exploring extraordinary avenues on the business front, like his travel agency that will take tourists to space. So we weren’t surprised when he confirmed his move into cruise shipping that will cost his company a whopping $1.7 billion. But the company has already secured most of the funding, according to the Sydney Morning Herald. It was earlier reported that this billionaire was looking for investors from UAE, apart from the in-house region for the cruise. “It’s true that we are looking to set up Virgin Cruises and most of the money is now committed,” Branson told select media in Dubai. He also hinted that some funding is likely to come from the Gulf region.
Posted on: Fri, 28 Mar 2014 11:12:12 +0000
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