Motorboating enthusiast Richard Branson is playing a particularly idiosyncratic game of Monopoly. He would like to mortgage his private Caribbean island. In return, you, the taxpayer, have to buy him Mayfair and Park Lane, all the greens, all the yellows, all the reds, and stick a hotel on every one of them. Also, if Richard lands on Super Tax or Income Tax he doesn’t pay them. And if he gets the Community Chest saying “pay hospital fees”, he refuses and sues the hospital. The only bright side is that he no longer operates out of any of the stations.
But perhaps we’re getting ahead of ourselves. By way of a recap, the tycoon is seeking a reported $618 million government bailout of his Virgin Atlantic airline, and has stated in a blogpost that he is willing to put Necker Island up as collateral to secure lending for his businesses.