Airline billionaire Richard Branson has announced a new departure - from his fortune.
The British business mogul and founder of Virgin Records and Virgin Atlantic Airways has vowed to give at least half of his $4 billion wealth away to charity.
He made the plan official by signing the Giving Pledge, a philanthropic initiative started by U.S. billionaires Warren Buffet and Bill and Melinda Gates in 2010, the elite club confirmed.
"'Stuff' really is not what brings happiness. Family, friends, good health and the satisfaction that comes from making a positive difference are what really matters," Branson said in a statement announcing the generous promise.
