Richard Branson recently told Page Six that he wears the same pair of jeans every day. The owner of the Virgin Group, Branson is currently worth approximately $5 billion, according to the Bloomberg Billionaires Index. But he owns and does so much more than just the Virgin Group. Here’s what we know about his money and how he spends it. Branson is the son of a lawyer and the flight attendant. He dropped out of high school to start his first business a liberal magazine. At 17 he started a student advisory center that helped kids facing difficult issues. In 1970 Branson launched a mail order record business where he sold records at a reduced price. He called the company Virgin because he and his staff were new to the business world. This became Virgin Records two years later with artists like The Rolling Stones, Sex Pistols, and Phil Collins on payroll. Virgin Atlantic came next in 1984. It’s become one of the leading global airlines in the world. One of Branson’s first purchases was Necker Island. He was 28 years old when he first visited the island that was for sale for $5 million. Branson was just starting out and made an offer of $100,000. That offer was quickly rejected. Over the next couple of months Branson kept increasing his offer for the island and looking for the necessary funds. The owner of Necker Island eventually accepted Branson’s offer of $180,000. That’s a 96% discount off the original asking price. The government required any foreign buyer to build a resort on Necker Island. It took five years and $10 million. But Branson created an oasis. In 2006 Branson told the publication This Is Money that Necker Island was the best purchase he ever made. At the time, he estimated the island’s overall work to be about $60 million. Necker Island isn’t the only real estate Branson owns. There’s a ski lodge in the Swiss Alps, a resort in Morocco, a safari camp in Kenya, and another in the Sabi Sand Game Reserve, a hotel and vineyard in Cape Town, and villas on the Spanish island Mallorca. He’s owned homes in London, too. Branson’s Oxfordshire mansion was sold to his children for $1.78 million. He owned another home in Holland Park, London that he bought for $3.3 million and listed for $23.12 million. He also owns a houseboat that he bought for about $2,600. He told This Is Money in 2006 that he never plans to sell it. You can rent it though if you want for $1000 a week according to Business Insider. Branson owned and sold a catamaran. He bought the boat in 2009 for about $6 million and he sold it in 2018 according to Business Insider for $3 million. He also owns the Falcon 50 EX. If Branson bought the plane brand new, it likely set him back $21 million. Branson drives but he doesn’t own a car. Land Rover gives him a car every year. In 2010 Branson purchased an underwater aircraft and named it Necker Nymph. It set him back a reported $523,000, according to The Daily Mail. Guests on Necker Island can rent the Nymph for $25,000 for seven nights and take an underwater tour. Virgin Group has expanded to other branded companies including a media group, a health care focused group, and a commercial space line group called Virgin Galactic. The group also launched a new cruise line for adults only. It took its first voyage in February 2019. Branson started Virgin Unite in 2004 which is a philanthropic group. The group focuses on issues that Branson is super passionate about like climate change, LGBTQ+ rights, drug policy reform, and the death penalty. 100% of all donations go directly to initiatives because Branson and the Virgin Group cover all the overheads. In 2006 he invested in the Sara Blakely Foundation. He gave her $750,000 to get started. The group focuses on funding education and helping female entrepreneurs around the world. Branson also join The Giving Pledge and has promised to give away half his wealth over the course of his life.