Richard Branson made a fortune selling records. But one of Wall Street’s hottest pandemic plays is driving the billionaire’s wealth now, even as his and many other blank-check firms are slumping, Bloomberg reports
The Virgin Group founder has been a serial user of US special purpose acquisition companies, employing them to rapidly turn parts of his business empire into listed entities as well as to acquire stakes in companies such as Anne Wojcicki’s DNA-testing firm 23andMe Holding Co. Read more.
