Branson bought island for $180k to impress partner, now a multi-million dollar estate
At age 29, Richard Branson purchased an island for $180,000, a fraction of its $6 million asking price, to impress Joan Templeman. He later acquired the 125-acre Moskito Island in 2007 for $15 million. The property has since been developed into a luxury destination. It is now divided among nine private families who own estates there, making its current value many times the original purchase price.
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