Still struggling, Branson dropped out at the age of 16 to start a youth-culture magazine called Student. He then transferred to Stowe School, a boarding school in Stowe, Buckinghamshire, England. He nearly failed out of the all-boys Scaitcliffe School, which he attended until the age of 13. Branson, who struggled with dyslexia, had a hard time with educational institutions. His mother, Eve Branson, was employed as a flight attendant. His father, Edward James Branson, worked as a barrister. Richard Charles Nicholas Branson was born on July 18, 1950, in Surrey, England.
Branson is also known for his adventurous spirit and sporting achievements, including crossing oceans in a hot air balloon. His entrepreneurial projects started in the music industry and expanded into other sectors, including the space-tourism venture Virgin Galactic, making him a billionaire. Richard Branson struggled in school and dropped out at age 16 - a decision that ultimately led to the creation of Virgin Records.