Virgin territory: Sir Richard Branson plants flag in area

The flamboyant entrepreneur throws money at new passenger rail service in Florida.

By Business Observer Staff
| 6:00 a.m. December 7, 2018
| 0 Free Articles Remaining!

Sir Richard Branson, founder of the Virgin Group. Courtesy photo.

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The prospects for passenger rail along the Interstate 4 corridor recently received a nice nudge, from colorful billionaire Sir Richard Branson.

The founder of Virgin Airlines and myriad other companies under the Virgin Group umbrella, Branson acquired a stake in Miami-based Brightline. That's the privately held rail transportation company planning to create service between Tampa and Orlando, projected to cost about $1.7 billion.