Sir Richard Branson is a guest on "Piers Morgan Tonight" this evening, and talks global economy, his space program and politics. But he also opens up about the disastrous fire at his home last month. "The first half an hour was obviously horrendous because I was woken up by my son, looked up at the big house, saw 200 foot flames coming out of it," he told Piers Morgan.

But looking back now, Branson had a different perspective. "I did lose a lot of mementos and things, but you soon realize how unimportant these things are compared to nobody being hurt," he said. Watch the full interview tonight at 9pmET/PT – also on the show, actress Kristin Chenoweth.

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