October 6, 2006, Newsletter Issue #35: Richard Branson's British Island

Tip of the Week

Looking to buy a Virgin Island? It will set you back about $15 million US dollars. That's what Necker Island, Sir Richard Branson's British Virgin Island, is worth.

Branson purchased the island over 20 years ago for less than $500,000. Since then, between a rapidly expanding tourism trade and a greater demand for beach property, the island's worth has skyrocketed. Virgin's CEO, I'm sure, couldn't be more pleased with his quarterly Virgin Island vacation.

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