How Many Millionaires Dropped Out Of College?

by | Last updated on January 24, 2024

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Upon examining the 362 billionaires whose education records were available, 44 were college dropouts; in other words, only 12.2 percent of billionaires dropped out of school. Similarly, a 2017 analysis found that only 16 percent of billionaires didn’t have a Bachelor’s degree.

Who is the most successful college dropout?

Michael Dell , founder of Dell Technologies, launched his company in the 1980s after dropping out of the University of Texas at Austin when he was 19. He is currently worth $51 billion, according to Forbes, ranking him among the wealthiest of the world’s university drop-outs.

Who dropped out of college and became rich?

Paul Allen . The late Paul Allen is another college dropout who went on to become a billionaire NFL owner. Allen left Washington State University after two years to take a job in Boston — where, not coincidentally, his high school computer pal Bill Gates had enrolled at Harvard.

Who is the richest high school dropout?

  • Bill Gates. Net Worth: $92.5 Billion. ...
  • Mark Zuckerberg. ...
  • Larry Ellison. ...
  • Sheldon Adelson. ...
  • Francois Pinault. ...
  • Li Ka-Shing. ...
  • Michael Dell. ...
  • Thomas Peterffy.

Who are successful high school dropouts?

  • Richard Branson dropped out at 15. ...
  • David Karp dropped out at 15. ...
  • Nicole Kidman dropped out at 17. ...
  • Aretha Franklin dropped out at 15. ...
  • Joe Lewis dropped out at 15. ...
  • Mike Hudack dropped out at 16. ...
  • Philip Emeagwali dropped out at 13. ...
  • Quentin Tarantino dropped out at 15.

How many billionaires have no degree?

A university education is far from the only path to success — just ask the nearly 30% of living billionaires who never got even a bachelor’s degree.

Which millionaires did not go to college?

  • 16 millionaires (and billionaires) who never graduated college.
  • Bill Gates. ...
  • Mark Zuckerberg. ...
  • Michael Dell. ...
  • Zhou Qunfei. ...
  • Steve Jobs. ...
  • Richard Branson. ...
  • Evan Williams.

Is college a waste of time?

No, college is not a waste of time . Any time spent learning is never wasted. Learning doesn’t have to be in the college environment, but there are many valuable lessons that you learn while attending college. ... There is more to college than just the degree you end up with.

Are most billionaires dropouts?

The actual list of billionaires has even more college dropouts . According to the Forbes 400 list of billionaires, 63 earned nothing past a high school diploma. And the bulk of these people earned their way onto the list rather than having inherited their wealth.

Does Bill Gates have a college degree?

It’s not like he needs it to beef up his résumé, but the world’s richest college dropout finally is getting his degree. Bill Gates, chairman of Microsoft, will speak at Harvard University’s commencement ceremony in June and, like all commencement speakers, will receive an honorary degree from the institution .

How many billionaires have a degree?

5 Billionaires with College Degrees. Bill Gates, Mark Zuckerberg, and Steve Jobs are three college dropouts who famously went on to become billionaires.

What jobs can a highschool dropout get?

  • Construction manager. Average wage: $91,370 / £48,500 per year. ...
  • Automotive service technician/Mechanic. ...
  • Sales representative. ...
  • Food service manager. ...
  • Secretary/Administrative assistant. ...
  • Entrepreneur. ...
  • Home health aides. ...
  • Diesel service technician/Mechanic.

What famous person dropped out of school?

Brad Pitt . Oscar-winning actor and producer Brad Pitt is the college dropout who almost wasn’t. He told “Fresh Air” that he left the University of Missouri for Los Angeles just two weeks shy of graduation.

Can high school dropouts be successful?

Do Successful High School Dropouts Really Exist? Yes . In fact, some of the most successful people in the world never graduated from high school. And for every famous dropout, many other dropouts exist who quietly lead prosperous and fulfilling lives.

How many high school dropouts become millionaires?

For starters, it’s a much harder feat to accomplish. Just 23 of America’s 400 richest have only high school degrees and 2 dropped out of high school without going on to college. That means just over 6% of The Forbes 400 have accumulated this vast amount of wealth with such little education.

Is it worth dropping out of high school?

Is it a good idea to drop out of high school? No, it is not a good idea to drop out of high school. Most people do not live happy, fulfilling lives without a high school diploma. In fact, the data show that most dropouts live in poverty that can continue for generations.

Maria LaPaige
Author
Maria LaPaige
Maria is a parenting expert and mother of three. She has written several books on parenting and child development, and has been featured in various parenting magazines. Maria's practical approach to family life has helped many parents navigate the ups and downs of raising children.