"Go to school, study hard,get good grades, so you can find a safe and secure job" is a conventional wisdom, which is often told to us by our parents and they were told this by their parents and so on. But this conventional wisdom is challenged by some people who have strong believes in themselves and they prooved it wrong.......
How does it sound to your ears that most of the world’s richest men and women were school drop outs? Well don’t be surprised; it’s the truth.
“I have nothing against education. But at times, education gives people false confidence. It makes people relax, trusting in the power of their certificates rather than in working hard.” – Rasaq Okoya
Today, I will be sharing with you a brief compilation of the entrepreneurial success stories of self made men and women; who took the bull by the horn by building a business, without being held back by the lack of a college degree. These men and women found their entrepreneurial spirit, surmounted business challenges, completed the entrepreneurial process and became successful entrepreneurs.
“I have been within the four walls of school and I have been on the street. I can confidently tell you that the street is tougher, challenging, daring, exciting and more rewarding. In school; you play alone. But on the street, you play with the big boys.” – Ajaero Tony Martins
Warren Buffett, Mo Ibrahim, Mike Adenuga, Oprah Winfrey, George Soros, John D. Rockefeller, Sam Walton, Jerry Yang and David Filo, Anita Roddick, Sergey Brin and Larry Page, Jeff Bezos, Pierre Omidyar, Martha Stewart and Henry Ross Perot. Without wasting much of your time, below is acomprehensive list of some of the world’s richest school drop out billionaires.
“Behind every adversity is an opportunity. If you lament over the adversity, you will miss the opportunity.” – Ajaero Tony Martins
The World’s Richest School Drop Out Billionaires
1. Bill Gates:
He is the billionaire co-founder of Microsoft Corporation, the world largest software company. Dropped out of Harvard to focus on building Microsoft. According to Forbes magazine, Bill Gates has held the position of the world richest man for thirteen consecutive years and he not showing a sign of letting go that position.
“To win big, you sometimes have to take big risks.” – Bill Gates
“We were young, but we had good advice good ideas and lots of enthusiasm.” – Bill Gates
2. Thomas Edison:
Thomas Edison was labeled dumb and scatterbrain by his school teachers but he went on to become one of the world’s greatest inventors and founded General Electric; one of the most powerful companies in the world.
“Many of life’s failures are people who did not realize how close they were to success when they gave up.” – Thomas Edison
3. Li Ka Shing:
Billionaire owner of Hutchinson Whampoa; one of the largest conglomerates in Hong Kong, with operations that span over fifty countries and more than 220,000 staff worldwide. Dropped out of school at the age of 15 and started out by selling watch bands.
“The first year, I didn’t have much capital so I did everything myself. I had to keep my overhead low by learning everything about running a business, from accounting to fixing the gears of my equipment. I really started from scratch.” – Li Ka Shing
4. Richard Branson:
Best known for his adventurous spirit and outrageous business tactics. He dropped out of school at the age of 16 to start his first successful business venture; Student Magazine, bought his own 79-acre Caribbean island when he was just 24 and he was knighted in 1999. He is the billionaire founder of the Virgin brand and its 360 companies. His companies include the famous Virgin Atlantic Airways.
“I wanted to be an editor or journalist. I wasn’t really interested in becoming an entrepreneur, but I soon found I had to become an entrepreneur in order to keep my magazine going.” – Richard Branson
Successful Entrepreneurs and World’s Richest School Drop Out Billionaires
5. Lawrence J. Ellison:
Larry Ellison dropped out of college twiceand was told by his adoptive father that he would never amount to anything but he went on to become a billionaire by building Oracle, the world’s second largest software company.
“I have had all the disadvantages required for success.” – Larry Ellison
6. Dhirubhai Ambani:
Famous founder of Reliance Group and father two billionaires; Anil and Mukesh Ambani. Started Reliance Industries from scratch and never saw the four walls of school.
7. Michael Dell:
He dropped out of college at the age of 19 to start PC’s Limited; later renamed Dell Computers Inc. Dell became the most profitable PC manufacturer in the world making Michael Dell a billionaire.
“I had to give it a full go and see what happened.” – Michael Dell
7.
Steve Jobs:
Billionaire co-founder of Apple Inc and Pixar; dropped out of Reed College to start Apple.
8.
Henry Ford:
This
automobile billionaire was born in abject poverty. He never saw the four walls of school but
he went on to build Ford Motor Companyand become
one of the richest men that ever lived.
“Thinking is the hardest work to do, that’s why so few people are engaged in it.” – Henry Ford
9.
Walt Disney:
Walt, regarded as
the most influential animator because of his creativity with cartoons. He
dropped out of high school at 16 and founded Walt Disney; a company which now has
an annual revenue of about $30billion.
“If you can dream it, you can do it.” – Walt Disney
Successful Entrepreneurs and World’s Richest School Drop Out Billionaires
10.
Ray Kroc:
Billionaire Ray Kroc never saw the four walls of school and spent most of his life working as a salesman.
He bought McDonald’s in 1961 for $2.7m and grew it into a multi billion dollar company.
“Press on. Nothing in the world can take the place of persistence. Talent will not; nothing is more common than unsuccessful men with talent. Genius will not; the world is full of educated derelicts. Persistence and determination alone are omnipotent.” – Ray Kroc
11.
Debbi Fields:
A 20 year old housewife with no education and business experience started Mrs. Fields Chocolate Chippery and became
the most successful cookie company owner. She later
renamed, franchised, and then sold Mrs. Field’s Cookies.
“You don’t have to be superhuman to do what you believe in.” – Debbi Fields
12. Ingvar Kamprad: Billionaire founder of IKEA. He dropped out of high school at the age of 17 to start IKEA; now the top home furniture retailer in the world, with over 90,000 employees working in its 200-plus stores, and annual revenues in excess of $10 billion.
“I’m not afraid of turning 80 and I have lots of things to do. I don’t have time for dying.” – Ingvar Kamprad
13. Carl Lindner: Billionaire investor and founder of United Dairy Farmers. He dropped out of high school at the age of 14 to deliver milk for his family diary.
Successful Entrepreneurs and World’s Richest School Drop Out Billionaires
14. Simon Cowell: Famous for his involvement in American Idols, hedropped out of school at age 16 and started his own record label “Fanfare” at the age of 23.
“Good is not enough; you’ve got to be great.” – Simon Cowell
15. Mary Kay Ash: Founder of Mary Kay Inc and best known as the most outstanding business woman in the 20th century. Mary never saw the four walls of school.
“When you reach an obstacle, turn it into an opportunity. You have the choice. You can overcome and be a winner, or you can allow it to overcome you and be a loser. The choice is yours and yours alone. Refuse to throw in the towel. Go that extra mile that failures refuse to travel. It is far better to be exhausted from success than to be rested from failure.” – Mary Kay Ash
16. Coco Chanel: Fashion magnate and founder of the Coco Chanel brand, she never saw the four walls of school.
17. Wayne Huizenga: Wayne is the only person in history to build three Fortune 1000 companies practically from scratch: Waste Management Inc, Blockbuster Entertainment and AutoNation. He is the only person to have developed six NYSE-listed companies.
He also owns the Miami Dolphins and is previous owner of the Florida Marlins baseball team and the Panthers hockey team, making him the only person ever to own three pro teams in a single market, two of which won national championships. He dropped out of college to join a friend in a garbage collection business.
18. Barry Diller: This billionaire media magnate dropped out of college to start Fox Broadcasting Company. He is chairman of Expedia, and was once the CEO of IAC/InterActiveCorp which includes Home Shopping Network and Ticketmaster.
“There’s a world in which reasons are made up because reality is too painful.” – Barry Diller
19. Andrew Carnegie: Founder of Carnegie Steel Company and one of the richest men that ever lived. Born in abject poverty, Andrew never saw the four walls of school.
“I shall argue that strong men conversely know when to compromise and that all principles can be compromised to serve a greater purpose.” – Andrew Carnegie
Successful Entrepreneurs and World’s Richest School Drop Out Billionaires
20. Sir Philip Green: Billionaire retail mogul and owner of the Arcadia brand, he dropped out of school at the age of 16. After four business failures, Philip Green made his first million at the age of 33.
“If you’ve got a natural talent, I think it’s fantastic. If I wasn’t in retail, being a singer or a tennis player would be a better idea.” – Sir Philip Green
21. Madame C. J. Walker: She was born into the family of ex-slaves and farmers. Despite being widowed at the age of 20 and faced with extreme hardship, she started a cosmetics business and went on to become the first American self made female millionaire.
“I had to make my own living and my own opportunity! But I made it! Don’t sit down and wait for the opportunities to come. Get up and make them” – Madam C.J. Walker
22. Mark Zuckerberg: The youngest billionaire in the world, dropped out of Harvard to promote his social networking platform; Facebook. As at 2010,he was 23 years and worth $4billion.
23. Ted Turner: Billionaire drop out media mogul and founder of CNN; pledged a billion dollars to the United Nation.
“All my life, people have said that I wasn’t going to make it.” – Ted Turner
“Over a three year period, I gave away half of what I had. To be honest, my hands shook as I signed it away. I knew I was taking myself out of the race to be the richest man in the world.” – Ted Turner
24. Cornelius Vanderbilt: Dropped out of school at the age of 11, began operating his own boat at the age of 16 and became one of the richest men in history.
“If I had learned education, I would not have had time to learn anything else.” - Cornelius Vanderbilt
25. Mayer Amschel Rothschild: was born in a ghetto; started business as a money lender and built the largest private fortune in history. He never saw the four walls of school.
“Give me control over a nation’s money supply and I don’t care who make the laws.” – Mayer Amschel Rothschild
26. Ty Warner: Billionaire real estate investor, hotel owner, sole owner, CEO, and Chairman of Ty, Inc. Ty Warner is a savvy, yet private business man. Ty, Inc; made $700 million in a single year with the Beanie Babies craze without spending money on advertising. He has since expanded to include Ty Girlz dolls, directly competing with Bratz dolls.
27. Howard Hughes: Dropped out of California Institute of Technology and Rice University; founded Hughes Aircrafts and Co and went on to become a billionaire.
“I intend to be, the richest man in the world.” Howard Hughes
28. Giorgio Armani: Billionaire founder of the fashion brand; Giorgio Armani S.P.A. Dropped out of medical school at the University of Bologna because he couldn’t stand the sight of blood.
“Remain true to yourself and your philosophy.” – Giorgio Armani
Successful Entrepreneurs and World’s Richest School Drop Out Billionaires
29. Asa Candler: Founder of the Billionaire company and world’s most popular brand; Coca Cola. He dropped out of school at the age of 10.
30. Jenny Craig: With no college degree, this woman started Jenny Craig Inc from scratch and grew it to become one of the largest and most recognized companies in the weight management industry.
“If I make a commitment to something, I will stick to it no matter what.” – Jenny Craig
31. Rachael Ray: Despite having no formal training in culinary arts, Rachel Ray made a name for herself in the food industry. With numerous shows on the Food Network, a talk show and cookbooks, high-energy Rachael never slowed down. She has also appeared in magazines as well has having her own magazine debut in 2006.
32. Milton Hershey: With only a fourth grade education, Milton Hershey started his own chocolate company. Hershey’s Milk Chocolate became the first nationally marketed chocolate.
33. Frank Lloyd Wright: surpassed all odds to become the most influential architect of the twentieth century. Frank Lloyd Wright designed more than 1,100 projects with about half actually being built. He never saw the four walls of high school.
34. David Geffen: billionaire founder of Geffen Records and co-founder ofDreamWorks.
“I never went to business school. I was just bumbling through a lot of my life. I was like the guy behind the curtain in the Wizard of Oz.” – David Geffen
35. Billy Joe (Red) McCombs: founder of Clear Channel media, real estate investor.
36. Craig McCaw: billionaire founder of McCaw Cellular.
37. Dave Thomas: billionaire founder of Wendy’s.
“There’s no one to stop you but yourself.” – Dave Thomas
38. ay Van Andel: billionaire co-founder of Amway.
39. Micky Jagtiani: billionaire retailer, Landmark International
40. John Paul DeJoria: billionaire co-founder of John Paul Mitchell Systems and Patron Spirits tequilla.
41. David Green: billionaire founder of Hobby Lobby.
42. Frederick “Freddy” Laker: billionaire airline entrepreneur.
43. Kirk Kerkorian: billionaire investor, owner of Mandalay Bay and Mirage Resorts, and MGM movie studio.
44. Leandro Rizzuto: billionaire founder of Conair
45. Leslie Wexner, billionaire founder of Limited Brands.
46. Marc Rich: billionaire commodities investor and founder of Marc Rich & Co.
47. S. Daniel Abraham: billionaire founder of Slim-Fast.
. Theodore Waitt: billionaire founder of Gateway Computers.
51. Y.C. Wang: billionaire founder of Formosa Plastics.
52. Paul Allen: billionaire co-founder of Microsoft Corporation; dropped out of
Washington State University.
53. Ralph Lauren: Billionaire fashion mogul. Studied business at Baruch College for two years and dropped out.
54. Dean Kamen: Billionaire Kamen holds more than 80 US patents; famous for the Segwey PT, Auto syringe and IBOT robotic wheelchair; dropped out of Worcester Polytechnic.
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