The Most Well-Known Young Dropout Millionaires

 

 There are two types of education, “traditional education” and “financial education.”  Unfortunately, most school systems aren’t teaching kids about money.    Yet, parents tell their kids to go to school, graduate in 4 years, and get a good paying job.  The kids leave with $100k in debt, settle for a job at Starbucks and spend the rest of their lives paying away their loans.  While this may be an appropriate pathway for certain professional fields: accounting, medical, law, etc…   .. Simply put, it’s not a practical use of time nor money for an entrepreneur.

Google, YouTube, Twitter, Facebook, Microsoft, and Wendy’s Hamburgers are just a few of the thousands of businesses started by dropouts.

The most successful entrepreneurs tend to be self-educated.  Example: Henry Ford couldn’t go to school to learn how to make cars.  There weren’t any.  Mark Zuckerburg couldn’t learn about  how to create a social network.  They figure out want they want to do and learn what is necessary to accomplish it.

Below are some famous entrepreneurs who did not complete schooling.   

 
 
Rank
Name
Business
Dropped Out At
Age
Networth
1
Henry Ford Ford Motor Company
16
Dead
$188 Billion (in 2009 dollars)
2
Bill Gates Microsoft
19
53
$59 Billion
3
Larry Ellison Oracle
20
64
$27 Billion
4
Sheldon Adelson Las Vegas Sands Corp.
19
77 $26 Billion
5
Larry Page Google
Graduated – Dropped out of Masters
35
$18.5 Billion
6
Kirk Kerkorian Tracinda
12
91
$18 Billion
7
Michael Dell Dell
19
43
$17.3 Billion
8
Paul Allen Microsoft
20
56
$16.0 Billion
9
David Geffen Geffen Records
21
65
$6.5 Billion
10
Steve Jobs Apple
18
53
$5.4 Billion
11
Richard Branson Virgin
16
58
$4.4 Billion
12
Takafumi Horie
Livedoor
22
35
$3.6 Billion
13
Ralph Lauren
Ralph Lauren
20
69
$3.6 Billion
14
Subhash Chandra Goel Zee TV
12
58
$2.3 Billion
15
Jerry Yang
Yahoo
Graduated Stanford
40
$1.9 Billion
16
Mark Zuckerberg
Facebook
19
23
$700 Million
17
Russell Simmons
DefJam
19
52
$340 Million
18
Matt Mullenweg WordPress
18
25
$200 Million
19
Mahesh Murthy
Pinstorm & SeedFund
19
43
$200 Million
20
Jawed Karim
YouTube
21
30
$64 Million
21
Kevin Rose
Digg
21
31
$60 Million
22
Jared Isaacman United Bank Card
17
26
$50 Million
23
Kevin Sproles
Volusion
18
26
$17 Million
24
Shawn Fanning
Napster
19
28
$7.5 Million
25
Scott Wainner ResellerRatings
20
26
$7 Million
26
Rob Benwell Blogging To The Bank
18
23
$5 Million
27
Graham Langdon
Entrecard
19
21
$3.2 Million
28
Kristopher Tate
Zooomr
17
20
$3 Million
29
Aaron Levie
Box.Net
20
23
$3 Million
30
Reed Caldwell
ServInt
19
32
$2.5 Million
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