Richard Branson’s Necker Island: Where is it and how much is it worth?

21 April 2020, 12:51

Everything you need to know about Richard Branson's private island Necker Island
Everything you need to know about Richard Branson's private island Necker Island. Picture: Getty
Alice Dear

By Alice Dear

Richard Branson has offered his famous Necker Island as collateral as he asks for bailout by UK Government, but where is it, and how much is it worth?

Richard Branson's Virgin Atlantic cooperation is asking for a taxpayer-backed bailout in order to save the company.

The billionaire has denied reports he wants "free money", and instead said the Government bailout will take form as a "commercial loan".

READ MORE: This Morning's Alice Beer warns public to stop shopping for DIY and decorating equipment during lockdown

Now, Richard Branson has offered his famous Necker Island up as collateral for the "commercial loan", reported to be around £500million.

But what do we know about Necker Island, where is it, and how much is it worth?

Richard Branson bought Necker Island back in 1980 when he was 29
Richard Branson bought Necker Island back in 1980 when he was 29. Picture: Getty

Where is Richard Branson's Necker Island?

Necker Island is in the British Virgin Islands, and is just north of Virgin Gorda.

Necker Island is a 74 acre island owned by the billionaire, located in the Caribbean.

Richard has said of the island on the website: "Necker Island is my home and favourite hideaway.

"I invite you to explore this idyllic island paradise for yourself and to be inspired by its beauty. I hope someday to be able to share it with you."

Richard bought the Island when he was 29, back in 1980.

Necker Island is in the British Virgin Islands, and is just north of Virgin Gorda
Necker Island is in the British Virgin Islands, and is just north of Virgin Gorda. Picture: Google Maps

How much is Necker Island worth?

Necker Island is believed to be worth £80,000,000.

Richard himself is believed to be work $4.3billion.

READ MORE: Dr Hilary warns public to not nap in the day during coronavirus lockdown