In the 1980's, Branson lived on a houseboat moored in the same area called "the Duende," which means "the power to attract through personal magnetism and charm."
In a blog post, Branson lists that boat as one of the top five places he has worked most creatively. He says he used to work from home on the boat in order to spend more time with his kids.
"I lived, worked and played in the houseboat, conducting meetings while I was babysitting and making sure I was around my kids as much as possible," he writes. "Some of our happiest days, and greatest business deals, took place on the houseboat."
However, he does concede that mobile phones and WiFi have made working from home easier than his days of using the houseboat's landline.
"The phones may be updated but the attitude remains the same," he writes.
In general, Branson prefers unconventional work environments, and has espoused the benefits of hammocks, tubs and sofas over cubicles.
With a net worth of over $5 billion according to Forbes, Branson might be on to something — but it remains to be seen if the current houseboat's new tenant will be similarly struck with any billion dollar ideas.
This story has been updated to show that "the Duende" was a separate houseboat owned by Branson.
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