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10 famous billionaires who dropped out of school

Aseem Gaurav [ Updated 14 Aug 2014, 12:32:37 ]
10 famous billionaires who dropped out of school

New Delhi: Do you sometimes feel dejected because you don’t have a college degree? Or do you think that education is the ultimate yardstick for success? If these questions are bothering you, then you don’t need to worry as the following list of successful entrepreneur dropouts should serve as a motivation.

10. Li Ka Shing

Company: Hutchinson Whampoa

Hutchinson Whampoa is one of the largest conglomerates in Hong Kong, with operations in 50 countries and more than 220,000 staff worldwide. He dropped out of school at the age of 15 and started out by selling watch bands. He is the world’s largest operator of container terminals, world’s largest health and beauty retailer, a major supplier of electricity to Hong Kong and a real estate developer. However, he has announced plans to donate one-third of wealth over time. His eldest son Victor helps him run his massive empire.His wealth is estimated at $26.5 billion.

9. Sheldon Adelson

Company: Las Vegas Sands

Sheldon Adelson was born and raised in a lower class area of Boston. While attending City College in New York, he studied corporate finance and real estate, but decided to drop out of college. He is the chairman and chief executive officer of the Las Vegas Sands Corporation, the parent company of Venetian Macao Limited which operates The Venetian Resort Hotel Casino and the Sands Expo and Convention Center. He also owns the Israeli daily newspaper Israel HaYom. As of October 2012, Adelson is listed as the 24th richest person in the world with an estimated net worth of $21.8 billion.

8. Amancio Ortega

Company: Inditex

The fashion magnate Amancio Ortega began his 'rags to riches' story in the Spanish province of Leon. At 27, Ortega founded his own company, producing quality yet affordable garments, and in 1975, he opened his first retail store, Zara. Ortega, ditched school at age 14 to run errands for mom-and-pop shirt stores. Ortega, now the richest man in Spain, is worth $31 billion.

7. Kirk Kerkorian

Kirk Kerkorian is an American businessman and is known as one of the “fathers of the megaresort”, or somebody who has shaped the development and growth of Las Vegas. An 8th grade dropout, Kirk is also a former boxer and the fighter pilot who flew in the World War II. It all started for him when he purchased land in Las Vegas in 1962. He opened the MGM hotel and casino after purchasing the movie studio in 1969. In later years, Kirk tried to take over the Chrysler Corporation. However his attempt was termed as hostile and it was foiled.