Sometimes I begin to wonder what is there between dropouts and wealth. The number of billionaires and wealthy folks who didn’t complete their college/university is on the rise and dumbfoundingly staggering.
These are the likes of,
- Harold Hamm, high school diploma- $18.9 Billion in net worth.
- Thomas Peterffy, New York University dropout- $23.6 Billion in net worth.
- Paul Allen, Washington State University dropout- $24 Billion in net worth.
- Sheldon Adelson, City College of New York dropout- $42.3 Billion in net worth.
- Francois Pinault, high school dropout, didn’t get to college- $43.1 Billion in net worth.
- Michael Dell, the University of Texas at Austin dropout- $49.9 Billion in net worth.
- Larry Ellison, Chicago and University of Illinois dropout- $102 Billion in net worth.
- Mark Zuckerberg, Harvard University dropout- $117 Billion in net worth.
- Bill Gates, Harvard University dropout- $130.5 Billion in net worth.
Africa on the other hand is not short of the supply of these great species who defiled the norm of “go to school, get good grades, get a job, be happy,” and have gone ahead to do exceptional things.
So who are they?
Without further ado, let’s go all the way into the top 5 list of African richest school dropouts, in no particular order, and why dropouts have continuously become billionaires contrary to some of their Graduate counterparts who suffer in penury; looking for white-collar jobs.
Disclosure: It’s important to note that many on this list may now all be graduates of different qualifications and disciplines!
1. Cosmos Maduka, Nigeria.
Cosmos is the Chairman/CEO of Coscharis Group of Companies and the sole distributor for BMW in Nigeria. He went into business at an early age after he lost his father and was dropped from school due to his inability to pay up his academic bills.
Net Worth: $800 million
2. Orji Uzor Kalu, Nigeria.
Orji Uzor Kalua is a serial businessman that has founded, chairs, and owns lots of establishments across the country and beyond. He is the chairman of SLOK Holding and Daily Sun Publishing amongst others.
Net Worth: $2.8 billion
3. Justin Stanford, South Africa.
Mr. Justin Stanford started venturing into business for the first time at the age of 13, selling apple juice to his classmates. He built his first company by age 18 and by 29 was featured as one of the top South African Leading Entrepreneurs and Investors.
Net Worth: undisclosed
4. Ashish J. Thakkar, Uganda.
After his first foot into the business world at age 15 in 1996, Ashish got his first-ever loan of $6,000 to start an IT Company which was based on the buying and selling of computers and accessories. Later on, he founded the Mara Group.
Net Worth: $267 million
5. Anas Sefrioui, Morocco.
Anas is currently considered one of the top richest people in Morocco. And it all started from some humble beginnings of hard work, sleepless nights, and determination. Today, Anas Sefrioui is a popular Moroccan real estate business mogul and heads the Addoha Douja Promotion as the General President.
Net Worth: $1.3 billion
Conclusion- Why Dropouts Become Billionaires and Graduates end up dump
A popular quote from Mark Twain goes: “I have never let my schooling interfere with my education,” and I think that is the big secret that makes dropouts become billionaires.
While their mates are busy in school doing what they may not need in a real-life application, they focus on their passion, goals, and life targets.
Becoming a graduate is not bad at all, but do not allow your schooling to interfere with your education as Mark Twain rightly says.