Necker Island (British Virgin Islands) world, the challenge begins at the annual Consumer Electronics Show in Las Vegas with the top 10 new innovations progressing to the finals at Necker Island where Branson joins the judging panel along with technology figures and investors from Silicon Valley. The Necker Cup, an exhibition tennis tournament held at the end of the tennis season, has been held on the island annually since 2012. In February 2017, former U.S. President Barack Obama and his wife Michelle visited Necker as guests of Sir Richard Branson. On August 22, 2011, The Great House burned down in a blaze believed to be
Jacques Necker confiscated. Necker proposed to borrow from "Caisse d'Escompte", but his intention to change the private bank into a national bank as the Bank of England failed. A general bankrupt seemed certain. On 21 December 1789 a first decree was voted through, ordering the issue (in April 1790) of 400 million assignats, certificates of indebtedness of 1,000 livres each, with an interest rate of 5%, secured and repayable based on the auctioning of the "Biens nationaux". Once the assignats were paid, they had to be destroyed or burnt. On 10 March 1790, on the proposition Pétion, the administration of the church