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<p>a <a href="page.php?w=holding_company">holding company</a>, although its commercial activities began in the 1970s. The net worth of Virgin Group was estimated at £3&nbsp;billion as of early 2023.</p>

<p><big>History</big></p>
<p>The Virgin brand's early history is <a href="page.php?w=Virgin_Records">that of Virgin Records</a>, founded in 1970 by <a href="page.php?w=Richard_Branson">Richard Branson</a> and <a href="page.php?w=Nik_Powell">Nik Powell</a> as a recorded-music retailer, first via <a href="page.php?w=mail_order">mail order</a> and in 1971</p><p>
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