While I’m sure Branson isn’t short of cash in the bank. Most of his net worth is calculated on the value of the companies he owns (eg. shares) not how much he has in the bank. Many of those companies have had a significant amount of their value wiped out over night. The airline industry in particular is cut throat.
Edit, should say I’m not trying to defend the 1% and no doubt he has done well for himself but it’s really not that simple as you make out.
Edit, should say I’m not trying to defend the 1% and no doubt he has done well for himself but it’s really not that simple as you make out.