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His businesses include the Virgin Music label (launched 1973, sold to Thorn-EMI for $1 billion in 1992), Virgin Atlantic Airways (launched 1984), Virgin Direct personal finance services (launched 1995), Virgin Trains (launched 1997), and Virgin Mobile (launched 1999). Branson is also known for his attempts to break records of distance, in both boats and hot-air balloons.
He was knighted in 1999 for services to entrepreneurship.