If you want to be a Millionaire, start with a billion dollars and launch a new airline.
What’s the meaning of this quote?
Quote Meaning: The quote is a sarcastic quip about the airline industry’s notoriously low profit margins. It implies that starting an airline business is a surefire way to lose money, rather than make it. The phrase is often attributed to Richard Branson, the founder of Virgin Group, who famously started Virgin Atlantic Airways in 1984 with a $1 billion investment. Despite the joke, Branson’s business acumen and persistence enabled him to turn the airline into a profitable venture that still operates today.
Who said the quote?
The quote “If you want to be a Millionaire, start with a billion dollars and launch a new airline.” was said by Richard Branson (Bio / Quotes). Richard Branson is a British entrepreneur and founder of the Virgin Group.
Chief Editor
Tal Gur is an impact-driven creator at heart. After trading his daily grind for a life of his own design, he spent a decade pursuing 100 life goals around the globe. Tal's journey and recent book, The Art of Fully Living, inspired him to found Elevate Society.
