20 Views

10 Billionaires You Never Knew Dropped Out Of College

When we were kids, the adults towering above us always said, “Stay in school.” They said school is essential for little kids to grow into successful adults. They reminded us over and over again that all those savagely boring hours we spent in the classroom or doing homework would eventually pay off. And whenever we would question this system, they would question us back, asking “How do you expect to become somebody if you don’t go to school?”

It may be true that a lot of kids who drop out of school early end up steering their adult lives right into the gutter. A lack of discipline and motivation can leave someone wading in the middle of an ocean with no land in sight, doing their best not to drown. But when someone has a passion for a singular thing, and their passion is combined with an unshakable will, formal education becomes an obstacle best skipped entirely.

The following are 10 cultural titans who broke free of their educational shackles and learned their craft through tangible experience in the real world. Their great drive and instinct allowed them to climb up the economic ladder and become some of the richest people on the planet. And they did it all without a fancy degree.

10. Steve Jobs

shutterstock_88895371

Steve Jobs was the co-founder and CEO of Apple Inc. His tragic passing in 2011 has shaken the world, but his legacy stands: Apple’s worth was estimated to be $1.4 trillion in May 2015. At one point, the company’s cash reserves exceeded that of the U.S. government. Such a feat surely requires a degree at a damn good college, right?

Wrong. Steve Jobs had no college degree. He dropped out of Reed College because he did not want to spend his adoptive parents’ (who could barely afford the payments) money on college. He did, however, audit a calligraphy course, and he attributes the Mac’s multiple typefaces and proportionally spaced fonts to what he learned there.

9. Ralph Lauren

shutterstock_228885331

Ralph Lauren is a philanthropist, fashion designer, and founder of the Ralph Lauren Corporation clothing company. Lauren is world-renowned for his rare automobile collection, and was declared Chevalier de la Legion d’honneur by French President Nicolas Sarkozy in 2010. Oh, and he’s worth about $6.3 billion.

Lauren had a two year stint in New York City’s Baruch College, but dropped out to join the army before earning his degree. Upon completing his military service, Lauren began designing neckties in 1976. The rest is history.

8. Richard Branson

shutterstock_171314369

Richard Branson is an England-born investor and business tycoon known for founding the Virgin Group, an umbrella conglomerate with over 400 companies under it. His current net worth is estimated to be around $5 billion, which includes a lovely island in Australia called Makepeace Island.

While most of the billionaires on this list called their formal education quits in college, Branson didn’t even make it out of high school, dropping out when he was just 16. On his last day of school, his headmaster told him he would either end up in prison or become a millionaire. He was off by one letter.

7. Ingvar Kamprad

via slideshare.net

via slideshare.net

Ingvar Kamprad is the founder of IKEA, the largest furniture retailer in the world. It’s likely that his company made the chair or desk you’re reading this on. Forbes currently lists Kamprad’s net worth as being $3.4 billion.

Kamprad never made it to college, dropping out of high school at the age of 17 to start IKEA. His business savvy began developing way before then; as a young boy, he bought matches in bulk and sold them on his bicycle. That little boy selling those matches started a chain of events that (likely) lead to your chair, or desk.

6. Giorgio Armani

shutterstock_111950429

Giorgio Armani is an Italian fashion designer known for forming the high quality menswear brand Armani. Aside from making a killer suit, Armani is credited with spearheading red carpet fashion. He is currently worth $8.2 billion.

Armani famously said, “Remain true to yourself and your philosophy.” Apparently his personal philosophy doesn’t revolve around formal education — Armani dropped out of med school at the Univeristy of Bologna, reportedly because he could not stand the sight of blood.

5. Elizabeth Holmes

via forbes.com

via forbes.com

Elizabeth Holmes is the founder and CEO of Theranos, a privately-owned medical-laboratory-services company that specializes in blood testing. Today, she is worth $4.5 billion dollars, making her the world’s youngest female self-made billionaire.

Holmes’ current standing is an astronomical leap from her humble roots; she started her company when she was only 19, working out of a group college house basement. She used the money her parents had set aside for her education to kick-start what would later become Theranos. She dropped out of Stanford a semester later to tend to her work full-time.

4. Hiroshi Yamauchi

via youtube.com

via youtube.com

Hiroshi Yamauchi was the third president of Nintendo. When Yamauchi took the company’s reigns from its predecessors, he transformed it from a humble card-making company to a multi-billion dollar empire. In 2013, Forbes put his worth at $2.1 billion. He tragically passed away that same year of pneumonia.

Yamauchi’s edge in business was not the source of any formal degree — he dropped out of Waseda Univeristy in Japan so that he could run Nintendo and turn it into the company it is today.

3. Mark Zuckerberg

shutterstock_181985675

Mark Zuckerberg is best known as a co-founder of Facebook, the hub that hosts all of our virtual identities. The website was launched in 2004, and has since acquired 1.44 billion monthly active users. Facebook was valued at $245 billion in June 2015 (beating out Walmart), and Zuckerberg’s net worth is estimated to be $45.1 billion.

And to think that all that came from a Harvard dropout. By the time Zuckerberg was a sophomore, the Facebook engine was already rolling, and he made sure not to miss the train.

2. Li Ka-Shing

via umanitoba.ca

via umanitoba.ca

Li Ka-Shing is an investor, philanthropist, and business tycoon. It’s appropriate that Li’s last name is the sound of money being cashed in — In April 2014 he was considered the richest person in Asia, with a net worth of $31.9 billion. Fortune magazine once wrote that Li “combines the instincts of a gambler with the calculations of an actuary.” Hong Kong locals sometimes refer to him as “Superman” because of what he can accomplish in business.

Turns out “Superman” didn’t need a college degree to become filthy rich. Ka-Shing dropped out of school when he was 15 so that he can focus on selling watch bands to support his family. It was evidently a good call.

1. Bill Gates

shutterstock_155863793

Bill Gates is famous for being the co-founder of Microsoft, the world’s largest PC software company. He has been a staple on the Forbes list of the world’s wealthiest people since 1987, and he topped the list from 1995 – 2014 — aside from a few years after the financial crisis of 2007-2008. Bill Gates is currently (obviously) the richest man in the world.

Gates’ job titles are vast; they include philanthropist, business magnate, computer programmer, inventor, and investor, but college graduate is nowhere to be found on his resume. As soon as he saw his opportunity to start a promising (re: earth-shattering) company, Gates dropped out of Harvard and got right to work.

THERICHEST

Get the best viral stories straight into your inbox!

Don't worry, we don't spam

Leave a Comment

Your email address will not be published.

Latest Posts

Apostle Suleiman And Pastor Iginla Nominated For Nollywood Ambassadors Awards
Entertainment
23 views
Entertainment
23 views

Apostle Suleiman And Pastor Iginla Nominated For Nollywood Ambassadors Awards

Mabel - September 25, 2017

Apostle Johnson Suleiman and Pastor Joshua Iginla have been nominated for the maiden edition of the Nollywood Ambassadors Awards (NAA) slated to hold in Abuja on Sept. 29. President of the Nollywood…

LIST: Top 10 Terrible Loans You Should Avoid
Business
31 views
Business
31 views

LIST: Top 10 Terrible Loans You Should Avoid

MT - September 25, 2017

We’ve all been taught that most types of debt are bad news. But some loans are such egregiously awful financial instruments, we think they deserve special mention.…

Nigerian Comedian, Seyi Law And Singer, Ice Prince Receive Peace Achievers Awards
Entertainment
24 views
Entertainment
24 views

Nigerian Comedian, Seyi Law And Singer, Ice Prince Receive Peace Achievers Awards

Mabel - September 25, 2017

Nigerian singer Ice Prince and a veteran comedian Seyi Law, have been honoured with the “Peace Achievers Awards” by the Peace Ambassador Agency, an organisation that promotes national peace. The…

Photos: The Otedola’s Storm Mr Eazi’s Concert In London
Entertainment
37 views
Entertainment
37 views

Photos: The Otedola’s Storm Mr Eazi’s Concert In London

Mabel - September 25, 2017

Billionaire Daughter, Temi Otedola has been pictured with her boyfriend, Mr Eazi at his concert in London.. She was also pictured with her sister, DJ Cuppy and…

Ecobank Introduces Cardless Cash Withdrawal Service
Business
24 views
Business
24 views

Ecobank Introduces Cardless Cash Withdrawal Service

PH - September 25, 2017

Ecobank said it is striving to address the needs of the unbanked (and the general populace) by transforming a mobile phone into an all-in-one bank account and…

Why We Tagged UNILORIN, A Terrorist Organisation – ASUU Leadership
Shocking
30 views
Shocking
30 views

Why We Tagged UNILORIN, A Terrorist Organisation – ASUU Leadership

MT - September 25, 2017

The Academic Staff Union of Universities has described the University of Ilorin as a terrorist organisation after the institution reportedly sacked the ASUU chairman in the school,…

Checkout Photo Of Pastor Chris Oyakhilome And His Daughter, Sharon
Religion
37 views
Religion
37 views

Checkout Photo Of Pastor Chris Oyakhilome And His Daughter, Sharon

Mabel - September 25, 2017

Pastor Chris Oyakhilome’s Daughter, Carissa Sharon has shared an adorable picture of herself and her dad, at an event in South Africa. Sharon shared the below selfie…

Here Is Today’s Naira to Dollar Exchange Rate – September 25, 2017.
Business
32 views
Business
32 views

Here Is Today’s Naira to Dollar Exchange Rate – September 25, 2017.

MT - September 25, 2017

Here is the Current Aboki FX online AbokiFx Rate for Black Market , Bank Rates and more on Dollar to Naira. NGN USD BUY / SELL GBP BUY / SELL EUR BUY / SELL 25/09/2017 363…

Celebrity Birthday: Ex-BBNaija’s Kemen Ekemini Ekerette Celebrates His 28th Birthday With Cute Photos
Entertainment
43 views
Entertainment
43 views

Celebrity Birthday: Ex-BBNaija’s Kemen Ekemini Ekerette Celebrates His 28th Birthday With Cute Photos

MT - September 25, 2017

BBN ex-housemate, Kemen took to his Instagram handle to shares photos to make his new age today.

Photos: Former BBNaija Housemate Kemen Is A Year Older
Entertainment
31 views
Entertainment
31 views

Photos: Former BBNaija Housemate Kemen Is A Year Older

Mabel - September 25, 2017

Former Big Brother Naija housemate, Ekemini Ekerette popularly known as Kemen is celebrating his birthday today. The fitness trainer who was involved in a messy sexual assault controversy with…

This Is What Actually Happened On Olu Jacobs And Joke Silva’s Wedding Day.
Entertainment
32 views
Entertainment
32 views

This Is What Actually Happened On Olu Jacobs And Joke Silva’s Wedding Day.

MT - September 25, 2017

  Veteran actor Olu Jacobs in a recent interview has revealed some details about his wedding day. According to Uncle Olu, as he is fondly called, he…

VIDEO: Watch Tonto Dikeh React To Rumours That Her Swollen Eye Is A Spiritual Attack
Entertainment
36 views
Entertainment
36 views

VIDEO: Watch Tonto Dikeh React To Rumours That Her Swollen Eye Is A Spiritual Attack

MT - September 25, 2017

Nigerian actress and mother of one, Tonto Dikeh has come out to refute the news currently circulating by bloggers about her, being spiritually attacked in the eye.…

How I Left My Property During Biafra Civil War To Save My Life – 81-Year-old Businessman Speaks Up
Art, History and Culture
35 views
Art, History and Culture
35 views

How I Left My Property During Biafra Civil War To Save My Life – 81-Year-old Businessman Speaks Up

MT - September 25, 2017

An elderly retired businessman has opened up on how he had to flee for his dear life, abandoning his property during the Biafran war. Ikeme Alphonsus A…

Here Is Davido’s Reaction To The Lying Female Fan: “She Lied, I’m Not Even Replying DMs Anymore”
Entertainment
28 views
Entertainment
28 views

Here Is Davido’s Reaction To The Lying Female Fan: “She Lied, I’m Not Even Replying DMs Anymore”

MT - September 25, 2017

  Popular singer, Davido has made a public announcement that he won’t be replying to DMs anymore, after a lady named Sheila lied against him. The singer…

How I Survived The Controversial Lawsuit Slammed Against Me – Omoni Oboli.
Entertainment
27 views
Entertainment
27 views

How I Survived The Controversial Lawsuit Slammed Against Me – Omoni Oboli.

MT - September 25, 2017

Popular Nigerian actress, Omoni Oboli has opened up on how she managed to survive the lawsuit slammed on her after producing one of her movies. Omoni Oboli…

The Secret Behind My Happiness And Youthful Looks – Kate Henshaw Makes Interesting Revelation
Entertainment
41 views
Entertainment
41 views

The Secret Behind My Happiness And Youthful Looks – Kate Henshaw Makes Interesting Revelation

MT - September 25, 2017

Reigning Nigerian actress, Kate Henshaw, has disclosed the secrets of his good looks and youthful appearance. Kate Henshaw Even though Nigerian actress, Kate Henshaw is closer to…

In Photos: Ooni of Ife, Ogunwusi Laughs So Hard As He Attends Wedding Ceremony In Abuja
Art, History and Culture
30 views
Art, History and Culture
30 views

In Photos: Ooni of Ife, Ogunwusi Laughs So Hard As He Attends Wedding Ceremony In Abuja

MT - September 25, 2017

The paramount traditional ruler in Osun State, South-western part of Nigeria – Ooni of Ife appears to have put his marriage crisis behind him.   Ooni of…

Ooni of Ife Ex-wife, Queen Zaynab, Awarded ‘Humanitarian of the Year” Award At The UN
Best of Nigeria
46 views
Best of Nigeria
46 views

Ooni of Ife Ex-wife, Queen Zaynab, Awarded ‘Humanitarian of the Year” Award At The UN

PH - September 25, 2017

Philanthropist and former Olori of Ife Zaynab-Otiti Obanor received the Humanitarian of the Year award from “Kechie’s Project” at an event during the UN General Assembly week. She shared the…

Loading...