Mukesh Ambani is the ninth richest man in the world. In 1979, Ambani enrolled at Stanford but dropped out to concentrate on his father’s business. The name of his father’s business is Reliance Industries and today it is ranked second as most valuable company in India. Ambani currently holds a 44.7 percent stake in the company.
His net worth is at $23 billion and it just recently went up. He also has served on the board of directors of Bank of America and the advisory board of the Council on Foreign Relations. In June of 2016, Ambani launched the third highest selling smartphone in India.
Elizabeth Holmes
It seems like many of these dropouts dropped out of prestigious colleges. Here we have Elizabeth Holmes who attended Stanford. When she was a sophomore in 2003, she decided to drop out after she founded Theranos. Theranos is a healthcare technology company and clearly now a highly successful one.
Holmes net worth is $.46 billion and she is the youngest female billionaire at 32 years old. Theranos is privately-held and is a blood test company in Palo Alto. The sad news is that in 2016, Holmes was banned from directing a diagnostic lab for two years but that is under appeal.
Michael Dell
Dude, you’re getting a Dell! That one catch phrase stuck in your head in the late ’90s and early 2000s, right? Now Dell’s advertising schemes involve using high-profile celebrities in their commercials. The CEO Michael Dell probably pays out of pocket to get them in the commercials. There is nothing wrong with that if you are making the type of money he is.
Dell dropped out at the University of Texas and has a net worth of $15.3 billion. While he was in college he started a company called PCS Limited. The success of it was enough for him to drop out and turn it into Dell.
Marc Rich
Marc Rich may have passed away, but we are not going to leave him off of this list (much like someone else who you will see later on). In 1954 Rich dropped out of New York University to go work in a mail room of a trading firm where he started his career.
What he was best known for was founding the company Glencore. He was indicted for tax evasion and illegal oil deals, but didn’t George Bush do the same thing? He passed at age 79 in 2013 and had an estimated net worth of $1 billion but that was said to be a low estimate.
Ty Warner
Maybe as a toddler, you had a Beanie Baby. Maybe even now you know a young kid who has one of those adorable toys. Well, the billionaire behind those toys is none other than Ty Warner. That is why you see that red heart shaped tag with the huge “ty” on it.
Warner was attending Kalamazoo college for only one year before he decided to call it quits and create those mega-successful soft toys. They are collectibles and some people have dozens of rare ones that you can probably sell for a lot of money. Not as much as the $2.7 billion Warner is worth.
Roman Abramovich
Roman Abramovich is Russian and he means business. He founded many people’s favorite soccer team, Chelsea Football Club. He also owns the private investment company, Millhouse LLC. He was an orphaned child and dropped out of the Moscow State Auto Transport Institute. He got his money from controversial oil export deals back in the ’90s.
His net worth is staggering at $8.5 billion. Pretty impressive for someone who spends most of his days looking over a soccer team. For any sports lover, that is the life; be a billionaire and the founder of a highly successful sports team. What is better than that?
Sheldon Adelson
You may not know too much about this guy but he is rolling in the dough. He is a gambling connoisseur and the CEO of Las Vegas Sands casino empire. He was already in business when he was 12 selling toiletries but gave that up to go to college. He dropped out of City College of New York in less than two years. He too joined the army, similar to Ralph Lauren.
Net worth at $26.5 billion, Adelson is a man who is all about moves. He went through various career paths before buying Sands Casino to add to his travel companies.
Mark Zuckerberg
If you have seen the movie then you know how this went down. Mark Zuckerberg started Facebook from his dorm room while attending Harvard with his roommate. Come his sophomore year, he dropped out to pursue it full time in 2004. And according to the numbers, by the end of that year, Facebook had reached well past one million users.
Mark has a net worth of $13.3 billion. In 2011, Time magazine called Mark the person of the year. That is a great accomplishment for someone his age. The young billionaire changed the way we use social media forever.
Bill Gates
Bill Gates is an awfully kind soul. You read it earlier how Gates was forced to drop out by his long time buddy Paul Allen and the rest is history as the duo went on to create the largest software business. There is no secret that Gates knows computers as he was debugging corporate software while still in preparatory school.
Those smarts got him far as his net worth is estimated at $58 billion dollars! He is very giving, though, as far as philanthropy goes, and he has an amazing scholarship program for college students. It’s funny that he sponsors kids to go college, which he quiet. But he knows that his story is a rare one.
Dean Kamen
Dean Kamen can be thanked for many things but we’re sure he wants to thank himself for dropping out of Worcester Polytechnic Institute. He is the man responsible for the invention of the segway. You know, that annoying thing that mall cops ride on all day to get on your nerves. He also came up with the AutoSyringe and iBOT robotic wheelchair.
His net worth is unknown but it is estimated somewhere in the billions, of course. The guy has his own island near Connecticut that creates its own energy from the wind. He has two helicopters that he chooses between each day he goes to work. The man is on another level.
Steve Jobs
One of the more popular and famous college dropouts we have the late great, Steve Jobs. Unlike the others, Jobs dropped out of college because it put major stress on his parents’ savings so he was done after six months of higher education in Portland. He was first a video game designer with Atari but figured that was not for him. Good choice, Jobs.
In 1976 he started Apple Computers from his garage with Steve Wozniak. The computer world was forever changed thanks to him as he made machines cheaper and smaller. There may never be another quite like Jobs.
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