November 30, 2023, 10:48 am



By Admin

Published on Thursday 26th March 2020
Last Updated Thursday 26th March 2020

Topic: 10 BILLIONAIRES THAT DROPPED OUT OF COLLEGE comment by jesutofunmi at 26-03-2020 06:47

       Have you ever been rejected by people around you because you performed below average in school? Or due to some reasons, you had to drop out of school? In Nigeria today, according to infographics, 10.5million children are currently out of school and the education accessibility rate is just 20.1%. This is one of the highest population of out of school children in the world.

         Most of us live in a society that has pre-programmed our brain such that without education, we may never make it in life. We have been limited to an idea that refuses us to think outside the box.  Don’t get me wrong, education is important but when we are not opportune to go to one. It should not automatically mean we will become irrelevant in the society.

          In the western world, we have so many people that never went to school, as well as dropouts that are doing fine and great. Jessica Alba, an American actress and business owner that never went to school said- “I thought I was dumb because I didn’t go to college. I felt if you didn’t have a degree you’d never be respected or considered intelligent. Now I realize I am perfectly capable of doing lots of things”.

       If you couldn’t go to school, do not think it is the end of the world, there is a special thing you can do very well, sit down, think and act. Trust me, you might turn out greater than your colleagues that went to school.

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      To motivate you, I will be sharing 10 successful entrepreneurs that made it big without attending college.

1.     Steve Jobs

         Jobs was born in San Francisco, California, and put up for adoption. He was raised in the San Francisco Bay Area. He attended Reed College in 1972 before dropping out that same year and traveled through India in 1974 seeking enlightenment and studying Zen Buddhism.

     Jobs and Wozniak co-founded Apple in 1976 to sell Wozniak’s Apple I personal computer, together the dup gained fame and wealth a year later for the Apple II one of the first highly successful mass-produced personal computers.

NET WORTH: $10.2Billion

2.        Bill Gates

      William Henry Gates III is an American business magnate, investor, author, philanthropist, and humanitarian. He is best known as the principal founder of the Microsoft Corporation. Bill Gates dropped out of Harvard after seeking the opinion of his parents, who were supportive of him after seeing how much their son wanted to start his own company, Gates explained his decision to leave Harvard, saying “…if things (Microsoft) had not worked, I could always go back to school. I was officially on a leave of absence”.

NET WORTH: $96.3billion

3.     Larry Ellison

      Larry Ellison can be said to have come out of nothing. He also dropped out of two colleges, the University of Illinois at Urbana-Champaign, then the University of Chicago, before relocating to California.

      In 1977 he founded Software Development Laboratories (SDL) which would later become Oracle.

NET WORTH: $57.6billion

4.     Mark Zuckerberg

      Born May 14, 1984, in white plains, New York, He co-founded the social-networking website Facebook out of his college dorm room. He left after his sophomore year to concentrate on the site, the user base of which has grown to more than 2 billion people, making Zuckerberg a billion many times over.

      The birth of Facebook was portrayed in the 2010 film The social network. The Facebook co-founder and chief executive left Harvard’s undergraduate computer science at the end of 2005 to devote himself to building Facebook. 12 years later, Zuckerberg gave a commencement address to Harvard’s class of 2017 and nabbing an honorary degree in the process.

NET WORTH: $55.8billion

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5.   Rachael Ray

      Rachael Ray graduated in 1986 at Pace University, which is located just north outside of New York City.

After two years of studying literature and communications, she left to reconsider her career goals. Since then, Ray has become an author, television host, and businesswoman who has a net worth of $60 million.

NET WORTH: $60million

 6. John Mackey

      In 1978 John Mackey was a philosophy and religion student at Texas University in Austin. He joined a university vegetarian co-op where he met Renee Lawson Hardy.

      The duo later dropped out of school to create SaferWay, which would become the first vegetarian supermarket in Austin. SaferWay would pave the way for Whole Foods, which was the 30th largest retailer in the U.S. based on 2014 revenue.

NET WORTH: $100million

7. Russell Simmons

      Simmons left City College of New York to promote local musicians like Kurtis Blow and Run-D.M.C.

In 1984, Simmons and Rick Rubin founded Def Jam Recordings, which was just the beginning of his hip-hop empire. Since then Simmons and his Rush Communications Firm have launched “Phat Farm clothing company, television shows, a management company, a magazine, and an advertising agency.”

      NET WORTH: $340million


8. Orji Uzor Kalu

      Uzor Kalu was just 19 when he was expelled from a Nigerian university because he was caught spearheading a series of student riots. He then borrowed $35 from his mother and began trading commodities like rice, sugar, and palm oil.

      He diversified his investments which made him a millionaire by 20. He founded SLOK Holding, a West African company with interest holdings in shipping, banking, manufacturing, etc., and is listed by Forbes as the 49th richest person in Africa with a net worth of $330 million.

NET WORTH: $330million


9. Michael Dell

      Like many of the other tech innovators of the 1980s and ‘90s, Dell showed an early interest in computers. But his parents wanted him to be a doctor, so he enrolled at the University of Texas at Austin as a premed student. He left after only one year because his side work refurbishing and selling computers became so successful. Today he’s in the same basic business as CEO of Dell Technologies. He is ranked the 39th richest person in the world.

NET WORTH: $28.6billion

10. Paul Allen

      Paul is Bill Gates's high school friend and co-founder of the world’s largest software maker.

      Like Bill Gates, Paul Allen is a college drop-out. He attended Washington state university for two years before leaving to become a programmer. That decision did not obstruct his success:

NET WORTH: $15.8billion



Should you go to college? Yes! Can you still make your dreams come true without the college? Yes! It’s up to you to decide what you wish to become with or without college. There are so many ways to make money, even inside your room. College doesn’t have to limit you.

       Always remember that “There is no destiny, no fate or curse that can change the firm resolve of a determined soul”. If you have a dream, wake up and make it happen

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