Tycoon Sir Richard Branson is to give half his fortune away to charity.
He has joined a group of billionaires who have pledged to donate half their amassed wealth to try to make the world a better place.
The Virgin Media boss and his wife Joan, have joined Microsoft founder Bill Gates – said to be worth over $62 billion – and U.S. investor Warren Buffet, who trails in with $55 billion, as part of the Giving Pledge.
Sir Richard and his wife – worth an estimated £3 billion – said in their pledge letter they wanted to use cash from their Virgin empire to create a “healthy, equitable and peaceful world for future generations to enjoy.”