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Virgin Group Limited is a British multinational conglomerate founded by and in February 1970.

Virgin Group's date of incorporation is listed as 1989 by , who class it as a ; however, Virgin's business and trading activities date back to the 1970s. The net worth of Virgin Group was estimated at £3 billion as of early 2023.


History
The name "Virgin" arose in 1970 when and formed a record shop, first as mail order and in 1971 with a physical store. They considered themselves in business.
(1998). 9781852276843, Virgin Books.
Branson has described the "V" in the logo as an expressive tick, representing the Virgin seal of approval.

The original logo from 1973 was a completely different design intended to be used for the record company that was founded by Richard Branson and Nik Powell. The logo was designed by British science-fiction artist and designer Roger Dean. According to Richard Branson in interviews and on the Virgin website, the more recent signature logo, introduced in 1978, was based on one that designer Ray Kyte scribbled on a napkin after a design meeting.


Corporate affairs
Virgin Group has its headquarters in Whitfield Studios in , a district of the City of Westminster. The group moved to this location in November 2024; the space is renowned for its music history as a creative hub for musical legends such as the Rolling Stones, Madonna, Spice Girls & Amy Winehouse.

Whitfield Studios also houses the head offices for other Virgin Group owned companies, such as Virgin Red, Virgin Unite, Virgin StartUp, Virgin Limited Edition & Big Change.

Previously, the Virgin Group were based at the Porchester Building in the London Borough of Tower Hamlets, The Battleship Building in , a district of the City of Westminster and at The School House in , in the London Borough of Hammersmith and Fulham." Our company information ". Virgin Group. Retrieved 14 October 2013. "The Battleship Building, 179 Harrow Road, London W2 6NB"" Our company information ." Virgin Group. Retrieved 14 January 2009. "The School House 50 Brook Green London, W6 7RR England"

The Virgin Group of companies have a complex structure that contains elements of a generic conglomerate and a , and sometimes it simply licences its brand. Examples of licensing are and , which are owned by Universal Music Group and respectively.

In mid-May 2013, the Virgin Group expressed its intention to seek out opportunities in Australia's healthcare industry to consolidate on the Group's Australian fitness centres. The Group also runs over 100 National Health Service (NHS) services in the United Kingdom and the healthcare division of medical services group Assura after entering the British healthcare industry in 2011.

Virgin Group announced the establishment of on 4 December 2014 with financial backing from . The cruise line would be led by CEO , would have two new large ships built and be based in the Miami/Fort Lauderdale area.


Virgin StartUp
Virgin StartUp is the Virgin Group's non-profit company, helping entrepreneurs across the UK to start, fund and scale their business. In 2013, Branson visited Boxpark in Shoreditch, London, to launch the new organisation, revealing that he wanted to support anyone that had the same dreams and ambitions that he did as a young boy: “It was £300 from my mum that sparked the Virgin adventure 40 years ago. Today, young people need that same help and I believe Virgin StartUp will provide it – with access to early capital, strong mentorship, advice and promotion.”

The organisation became a delivery partner for the UK Government's Start Up Loans Company, providing loan finance of between £500 and £25,000, advice, and mentoring to thousands of start-ups across the country. In 2016, it was awarded European Regional Development Funding and subsequently launched Ready, Steady, Grow with Virgin StartUp, a programme of support aimed at start-ups that were ready to grow. A year later, it launched the UK's first equity-based crowdfunding accelerator programme, Crowdboost.

By 2018, the organisation had supported over 11,000 UK-based entrepreneurs, with over £35m in pre-seed funding.


Foodpreneur
In 2014, Branson and Virgin StartUp launched the "Foodpreneur" food and drink focused start-up competition. Winners received mentorship from Branson, legal support, and brand counseling. The 2014 winners included Proper Beans, Killer Tomato, Sweetpea Pantry, and Sweet Virtues.

In 2015, winners were given the opportunity to pitch Target Corporation buyers in the US. The 2015 winners included Pip & Nut, Double Dutch Drinks, Harry Bromptons, Cauli Rice, and Mallow and Marsh.

Only one start-up was announced winner of the 2017 Foodpreneur prize, The Snaffling Pig Co., who won a six-week rental space at intu Lakeside, the shopping centre with the highest foot traffic in the U.K.


Senior leadership
  • Chairman: Peter Norris (since 2009)
  • Chief Executive: Josh Bayliss (since 2014)


List of former chairmen
  1. (1970–2009)


List of former chief executives
  1. Sir Richard Branson (1970–2005)
  2. Stephen Murphy (2005–2011)
  3. and Josh Bayliss (2011–2014)


Subsidiaries and investments
20%Health, gyms
51%Travel, airline
Virgin Atlantic Holidays51%Travel, tour operator
Virgin Australia Holdings5%Travel, airline
Virgin Balloon FlightsBrand licensed to AirXcite LtdEntertainment, hot air balloons
100%Online bookmaker
10%Publishing
Brand licensed to Gamesys Operations LimitedOnline casino
Virgin Experience DaysBrand licensed to Inflexion Private EquityHospitality
Brand Licensed to Virgin Experience Gifts Ltd.Hospitality
33.3%Broadband
11.9%Travel, aerospace
Brand licensed to Gamesys Operations LimitedOnline casino
100%Retail
100%Travel, hotels
Virgin Limited Edition100%Travel, hotels
Virgin Media O2Brand licensed to VMED O2 UK Limited, a 50/50 joint venture between and TelefónicaCommunications
Virgin MegastoresBrand licensed to Azadea Group, Megastores of Lebanon SAL and Retail Holding SARetail
Brand licensed to numerous entities, operating Virgin-branded mobile virtual network operatorsCommunications
Virgin Money AustraliaBrand licensed to Bank of QueenslandBanking
Virgin Money UKBrand licensed to Nationwide Building SocietyBanking
Virgin Music GroupBrand licensed to Universal Music GroupMusic
Brand licensed to Communications
100%Entertainment
25%Business services
Brand licensed to numerous entities, operating Virgin-branded radio stationsEntertainment, radio
Virgin Rail Group51%Travel, train
Brand licensed to Universal Music GroupMusic
100%Loyalty program
100%Charity
100%Charity
100%Communications
100%Ticket retailer, trains
49%Travel, cruises
Brand licensed to Virgin Wine Online Ltd (UK) & Direct Wines (Australia)Retail, wine


Formerly owned ventures
  • : formerly Virgin Radio UK, rebranded in 2008
  • : Nigerian national airline launched as Virgin Nigeria, shares sold in 2010
  • (Flybe): 30% stake held through Virgin Atlantic. Entered administration in March 2020.
  • Virgin Airship and Balloon Company: Operating hot air balloons and airships for advertisers
  • : comic book producer formerly known as Virgin Comics—sold to management in 2008
  • Vie at Home: cosmetics retailer formerly known as Virgin Vie, sold to management in 2009
  • : North American airline, sold to Alaska Air Group on 14 Dec 2016
  • Virgin Brides: retailer specialising in bridal wear
  • sold to Twenty20 Capital and rebranded as HCRG Care Group on 1 December 2021
  • : online car retailer, ceased trading in 2005
  • Virgin Charter: online marketplace of private aircraft seat bookings
  • : sold to UGC in 1999
  • Virgin Digital Help: technical support
  • : drink manufacturer
  • Virgin Electronics: electronics retailer
  • Virgin Energy: joint venture energy provider
  • : airline based in , merged with SN Brussels Airlines in 2006 to form Brussels Airlines
  • : British music festival sponsored by the Virgin Group
  • V Festival (Australia): an Australian version of the V Festival
  • : a North American version of the V Festival
  • : film production company
  • : sold to in 2013
  • Virgin Green Fund: shut down in 2014
  • Virgin Health Bank: sold to
  • : High Speed Rail Travel - Rebranded back to previous name ‘Hyperloop One’, went bankrupt in January 2024.
  • Virgin Interactive: Game Developer and publisher, bought by various companies, and renamed Avalon Interactive in 2003
  • Virgin Limobike: Virgin Atlantic announced they will cut complimentary ground transfers for Upper Class passengers in February 2020 - Virgin Limobike has since rebranded to ‘Limobike’
  • Virgin Limousines: a former service that operated mostly in the US and Canada. It operated for 14 years, until November 2010.
  • (including Virgin Mobile UK): UK Cable TV, broadband internet and Fixed and Mobile telephony provider—bought by
  • Virgin Mobile Australia: mobile phone service provider in Australia—shares sold to in 2006
  • Virgin Mobile France: mobile phone service provider in France—shares sold to in 2014
  • Virgin Mobile India: mobile phone service provider in India—shares sold to Tata Teleservices in 2015
  • Virgin Mobile USA: mobile phone service provider in the USA—shares sold to Sprint Corporation in 2009, ceased operations in 2020.
  • Virgin Money Australia: sold to Bank of Queensland
  • Virgin Money US: sold in 2010
  • : sold to Universal Music Group
  • Virgin One account: shareholding sold to co-owner (RBS) in 2003
  • : aerospace - declared Chapter 11 bankruptcy on 4 April 2023
  • : Spanish game distributor and publisher, filed for liquidation and closed in 2009
  • : (formerly Virgin Mobile Canada) mobile phone service provider in Canada—shares sold to joint venture partner in 2009
  • Virgin Pure: Consumer goods company in partnership with , rebranded to Our Taap in 2025
  • Virgin Sports: Active lifestyle company - Sold to LimeLight Sports in September 2020
  • Virgin Sun Airlines: scheduled and charter airline, closed in 2001
  • Virgin Snow, 1986 joint venture with Bladon Lines Ski VacationsSki - Feb 1986 Page 16 "The program, called "Virgin Snow." is available in seven resorts this season, including Zermatt, Verbier, Val dTsere and St. Anton."
  • Virgin Trains ExpressCoach: former operator of inter-city bus & coach services (51%)
  • Virgin CrossCountry: former operator of the Cross Country franchise in the United Kingdom, superseded by Arriva CrossCountry in 2007 (51%)
  • Virgin EMI Records: soundtrack label—owned by Universal Music Group
  • : motor racing team
  • Virgin Racing Formula E Team: motor racing team
  • Virginware: clothing retailer
  • : online wine market, sold to Direct Wines in 2005
  • Virgin Trains West Coast: train operating company on the West Coast Main Line. Renewed franchise bid unsuccessful, superseded by Avanti West Coast in December 2019 (51%)
  • Virgin Trains East Coast: train operating company, supersed by London North Eastern Railway in June 2018 (10%)
  • : train operating company between Miami and West Palm Beach, Florida. Branding deal launched in late 2018, ended in 2020.
  • Virgin Video (aka Virgin Vision): home video distributor, sold to in 1989.
  • : Former USA based tour operator, closed on 31 March 2019


Controversies
The group's health business received significant media coverage over its legal battle with NHS groups. It sued clinical commissioning groups (CCGs) in Surrey after it lost out on an £82 million contract to provide children's health services across the country. The NHS bodies settled out of court with a £328,000 payout to Virgin Care, resulting in some controversy. More than 100,000 people backed a petition calling on the company to stop "dragging the NHS through the courts".


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