You Don’t Need A College Degree To Be A Billionaire

You don’t need a university degree to be a billionaire! In fact, most of the well-known richest billionaires in the world were college dropouts. John D. Rockefeller and Howard Hughes were college dropouts. So is Michael Dell,  the founder and CEO of Dell, Inc.. Dell dropped out of college at the age of 19.

The average net worth of billionaires who dropped out of college is US$9.5 billion. It is more than double that of billionaires with Ph.D.s (average US$3.3 billion). Even if you remove the world’s second richest man, Bill Gates, who left Harvard University and is now worth US$56 billion (2011), college dropouts are worth $5.5 billion on average, compared to those who finished only bachelor’s degrees, who are worth US$3 billion.

List of College Dropout Billionaires

1. Bill Gates – USA
2. Mark Zuckerberg – USA
3. Mukesh Ambani – India
4. Lawrence Ellison – USA
5. Eike Batista – Brazil
6. Steve Jobs – USA
7. Michael Dell – USA
8. Marc Rich – USA
9. Ty Warner – USA
10. Gautam Adani – India
11. Micky Jagtiani – India
12. Azim Premji – India
13. Shahid Balwa – India
14. Subhash Chandra – India
15. Vinod Goenka – India
16. PNC Menon – India
17. Roman Abramovich – Russia
18. Li Ka-shing – Hong Kong
19. Sheldon Adelson – USA
20. Amancio Ortega – Spain
21. Kirk Kerkorian – USA
22. Donald Newhouse – USA
23. François Pinault – France
24. Jack Taylor – USA
25. David Geffen – USA
26. David Murdock – USA
27. Ted Turner – USA
28. Henry Fok – Hong Kong
29. Ralph Lauren – USA
30. Micky Arison – USA
31. Mohammed Al Amoudi – Saudi Arabia
32. Stanley Ho – Hong Kong
33. Andrew Lloyd Webber – United Kingdom

The combined net worth of these dropouts is US$ 250 billion. 20% of America’s millionaires never attended college.

Moral of the Story

If an opportunity is knocking at your door while you’re still in college, grab hold of it as this opportunity might never come again. If you don’t have a college degree, don’t feel sad or insecured. Don’t let that (i.e. your insecurity of not having a college degree) stop you from achieving your dream and ambition. However, if you have a college degree, it would be easier for you to become a millionaire if compared with those without a university degree as 80% of millionaires in United States did attend college. To be a millionaire or to be successful in whatever you do, all you need to do is to apply this success formula. I learned it the hard way. This success formula is not taught at any of the top universities in this world. I learned this formula the hard way. But I am giving you this success formula for free for I myself am a college dropout.

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