• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Why did a $154 billion CEO just endorse stripping most Americans of voting rights—and taking us back to the 19th century?

2

A Nobel economist challenged Elon Musk to donate his entire $1T fortune by 2036. Musk's reply: 'I am actually going to do something along these lines'

3

The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going 'back to the early 1900s'

1

Why did a $154 billion CEO just endorse stripping most Americans of voting rights—and taking us back to the 19th century?

2

A Nobel economist challenged Elon Musk to donate his entire $1T fortune by 2036. Musk's reply: 'I am actually going to do something along these lines'

3

The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going 'back to the early 1900s'
LeadershipVirgin Atlantic
Europe

Richard Branson makes Virgin Atlantic bosses play ‘Liar’s Dice’ on Necker Island retreats—he usually wins the game of ‘guesswork, bluff and luck’

Ryan Hogg
By
Ryan Hogg
Ryan Hogg
Europe News Reporter
Down Arrow Button Icon
Ryan Hogg
By
Ryan Hogg
Ryan Hogg
Europe News Reporter
Down Arrow Button Icon
April 7, 2025, 6:47 AM ET
Sir Richard Branson attends "Branson" New York Premiere at HBO Screening Room on November 29, 2022 in New York City.
Branson makes his leadership team play Perudo on corporate retreats.John Lamparski/Getty Images
Add Fortune on Google for similar content.

Richard Branson’s Virgin Islands retreat of Necker has served as the tropical getaway for everyone from Nelson Mandela and Princess Diana to the Obamas and Harry Styles. But when it isn’t the plaything of A-listers, the island serves as the location for a high-stakes retreat for the airline that keeps Necker’s lights on. 

Recommended Video

If Virgin Atlantic CEO Shai Weiss’s comments are anything to go by, the retreats give an indication of how billionaire Branson operates a boardroom.

In an interview with the Financial Times, Weiss gave an insight into how Virgin Atlantic bosses use their time at the annual “Necker Summit,” which also ropes in senior bosses from minority owner Delta.

“There are formal presentations, and yes there is pressure. But forging, cementing, and strengthening our partnership is not just done in a meeting room. It is also done playing Perudo after dinner,” said Weiss, referring to the dice game its makers say is based on a mix of “guesswork, bluff and, luck.” 

Perudo is also called “Liar’s Dice” and involves players secretly rolling dice and taking turns to guess on the outcome of each other’s rolls. They get eliminated when their bids are successfully challenged and they are left with no dice. Branson played the game with family in 2017 when they were stranded on the island during Hurricane Irma, according to a now unavailable blog post reported by Business Insider.

When Virgin and Delta leaders convene on Necker to play Perudo, there is usually one clear winner.

“Of course, Richard. He must win. But once in a while we find another person who wins,” Weiss told the FT.

It’s likely Weiss meant that Branson’s skills at the game and notorious competitiveness mean he normally comes out on top, rather than an implication that nervous associates let the Virgin kingpin win. 

Indeed, Weiss says Branson, who no longer holds an executive position at the airline, remains a “copious note taker” and is constantly in communication with Weiss over WhatsApp and other forms of communication.

“It’s the nagging little detail and the big opportunities and everything in between. Sometimes it is very intense and sometimes he has other things he is concentrating on,” said Weiss.

This year’s Necker Island retreat, which occurred in March, played out under the positive mood music of record results for Virgin Atlantic. The airline raked in £2.6 billion ($3.3 billion) in passenger revenue last year and enjoyed its highest profits in its 40-year history. 

One day, it could be Branson’s kids holding court on Necker over a game of Perudo. 

Speaking to the Times last year, Branson indicated he planned to hand control of the airline to his daughter Holly and his son Sam.

“I plan to keep it in the family and they plan to keep it in the family,” Branson said.

About the Author
Ryan Hogg
By Ryan HoggEurope News Reporter

Ryan Hogg was a Europe business reporter at Fortune.

See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Leadership

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.


Latest in Leadership

FIFA’s plan to raise billions from investors is sparking a backlash—one insider says Europe is angry because it could change soccer’s balance of power
Startups & VentureFifa
FIFA’s plan to raise billions from investors is sparking a backlash—one insider says Europe is angry because it could change soccer’s balance of power
By Allie GarfinkleJuly 28, 2026
4 hours ago
Nvidia’s Jensen Huang says AI is killing tasks not jobs—and the white-collar bloodbath narrative gets the future of work ‘exactly backwards’
Future of WorkTech
Nvidia’s Jensen Huang says AI is killing tasks not jobs—and the white-collar bloodbath narrative gets the future of work ‘exactly backwards’
By Marco Quiroz-GutierrezJuly 28, 2026
7 hours ago
Worker in a full cleanroom suit uses a wafer manufacturing tool.
SuccessCareers
In South Korea, teenagers are skipping college for semiconductor school—they’re landing six-figure Samsung jobs at 17 and bonuses of up to $400,000
By Preston ForeJuly 28, 2026
12 hours ago
Stressed rich Gen Zer looks at laptop
SuccessCost of living
Despite making over $135K, 1 in 5 high earners feel ‘depressed’ when thinking about their finances—they may have ‘money dysmorphia’
By Emma BurleighJuly 28, 2026
12 hours ago
arnault
C-SuiteLVMH
Bernard Arnault is denying a family rift—and any kind of real-life Succession. LVMH earnings tell a stranger story
By Mia OsmonbekovJuly 28, 2026
13 hours ago
A smartphone displaying the logo of The Bank of New York Mellon Corporation (BNY) in front of a BNY brand background.
AICFO Daily
BNY skipped the ‘tokenmaxxing’ craze. Here’s what AI metrics it tracks instead
By Sheryl EstradaJuly 28, 2026
15 hours ago

Most Popular

Why did a $154 billion CEO just endorse stripping most Americans of voting rights—and taking us back to the 19th century?
C-Suite
Why did a $154 billion CEO just endorse stripping most Americans of voting rights—and taking us back to the 19th century?
By Nick LichtenbergJuly 27, 2026
1 day ago
A Nobel economist challenged Elon Musk to donate his entire $1T fortune by 2036. Musk's reply: 'I am actually going to do something along these lines'
Success
A Nobel economist challenged Elon Musk to donate his entire $1T fortune by 2036. Musk's reply: 'I am actually going to do something along these lines'
By Sydney LakeJuly 27, 2026
1 day ago
The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going 'back to the early 1900s'
Real Estate
The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going 'back to the early 1900s'
By Nick LichtenbergJuly 25, 2026
4 days ago
Current price of oil as of July 28, 2026
Personal Finance
Current price of oil as of July 28, 2026
By Joseph HostetlerJuly 28, 2026
16 hours ago
LeBron James took a pay cut to maybe live in New York and commute to Philly by chopper, risking double taxation as NYC also tries to ban helicopters
Real Estate
LeBron James took a pay cut to maybe live in New York and commute to Philly by chopper, risking double taxation as NYC also tries to ban helicopters
By Catherina GioinoJuly 27, 2026
1 day ago
The brutal math behind Gen Z's lonely weekends: $15 drinks are driving a generational 'spending hangover'
Economy
The brutal math behind Gen Z's lonely weekends: $15 drinks are driving a generational 'spending hangover'
By Nick LichtenbergJuly 28, 2026
13 hours ago