The recording was a series of sheep baa-ing along to a drum-machine-produced track and reached number 42 in the UK charts in 1982.Branson said that he wept when the sale was completed because the record business had been the very start of the Virgin empire.Virgin Records would go on to sign other artists including the Rolling Stones, Peter Gabriel, UB40, Steve Winwood and Paula Abdul, and to become the world's largest independent record label.It also won praise for exposing the public to such obscure avant-garde music as Faust and Can.Branson's Virgin brand grew rapidly during the 1980s, as he set up Virgin Atlantic airline and expanded the Virgin Records music label.
In June 2018, Forbes listed Branson's estimated net worth at US.1 billion.Virgin Records also introduced Culture Club to the music world.In 1982, Virgin purchased the gay nightclub Heaven.Branson expressed his desire to become an entrepreneur at a young age.His first business venture, at the age of 16, was a magazine called Student. He opened a chain of record stores, Virgin Records—later known as Virgin Megastores—in 1972.On the show Finding Your Roots, Branson was shown to have 3.9% South Asian (Indian) DNA, likely through intermarriage. Branson once said, "There is no point in starting your own business unless you do it out of a sense of frustration." The name "Virgin" was suggested by one of Branson's early employees because they were all new at business.