He left Perth this morning on a charity fundraising flight to Kuala Lumpur, on which he trotted down the aisles in drag.
The Australian Associated Press reported that Branson dropped his pants at a bar in the Perth CBD on Saturday night, allowing AirAsia stewardesses to shave his legs.
There are reasons why it has taken him so long to honour his bet -- he broke his leg; flying in a high-altitude hot air balloon and watching the second prototype of Virgin Galactic's space-bound vehicle break the sound barrier.
"Yeah, it's true. We both had Grand Prix teams and I was absolutely certain that I was going to win," Branson was quoted by AAP as saying.
"Something went wrong. Of course the drivers of that race are no longer with us. I went to extreme lengths to avoid being here (for the charity flight), but knew that one day I had to get it over with."
Meanwhile, Fernandes has been dared into his own promise, announcing he would become one of Virgin Galactic's first commercial space tourists, taking a usually very expensive flight for a few moments of weightlessness.
"What he (Branson) doesn't realise is once I go into space, there'll be a low-cost version - AirAsia Galactica, about 10 per cent of the price he's charging," he said.
Funds from the flight will go to the Starlight Foundation for ill children.
- Bernama
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