Multimillionaires Without High School Diplomas
The editors over at Forbes.com have been digging in the crates, and compiled an interesting list of 25 millionaires who weren't included in their high school yearbooks. Apparently "for a talented few, the school of hard knocks offers a substantially higher return than time spent in the classroom."
Some of the names on the list include:
Richard Branson the CEO of Virgin Airlines, is the son of a barrister and a flight attendant. He dropped out of Stowe School at age 16 to start an arts and culture magazine. Today Branson owns two private Caribbean islands, Necker and Mosquito, and has an estimated net worth of $4 billion.
Kirk Kerkorian: At last count by Forbes, this megaresort tycoon, who dropped out of school to pursue amateur boxing when he was only in eigth grade, is now worth $3 billion.
Billy Joel: "If I'm not going to Columbia University, I'm going to Columbia Records and you don't need a high school diploma over there," Billy Joel once famously declared after learning he had fallen one credit short of his high school graduation requirement in 1967.
Richard Carmona: the former U.S surgeon general, who in 1967 quit Dewitt Clinton High School at age 16 and enlisted in the U.S. Army, where he eventually earned his GED.
Catherine Zeta-Jones: the now actress and daughter of a seamstress and factory owner quit school at age 15 to pursue a stage career in London.
Jay-Z (Shawn Carter) : who took his first single to Def Jam Records in 1995, then ended up running the company from 2004 until 2007. In 2008 he signed a 10-year, $150 million deal with Live Nation.
Don Imus: who grew up on a cattle ranch in Arizona and quit school when he was 17. After the shock jock's morning show was canceled in 2007, thanks to his disparaging comments about the Rutgers women's basketball team, it was later picked up by WABC under a five-year deal worth up to $40 million.
So being able to build business success is not dependent on your level of formal education. Entrepreneur success involves some innate talent, willingness to work, some luck and other intangibles. So don't be discouraged, there's still room for new innovators and future pioneers on the mult--millionaire roll call - degreed or not.
So how does that make you feel? You can find the complete list with photos by clicking here .