8.Ralph Lauren – $7 billion
The next successful billionaire who dropped out of college is Ralph Lauren.
Net worth: $7 billion
Profession: Fashion Designer/CEO and Chairman of Ralph Lauren Corp
Fact: He has a collection of rare automobiles, some of which have been displayed in museum exhibits.
The fashion designer decided to drop out of college to pursue his dream. He dropped out of Baruch College to join the army, and later on began designing neckties for Beau Brummel.
He launched Polo with $50.000 in 1976, the company turning into a huge success. It turned into a full menswear which includes includes clothing, shoes, fragrances, and jewellery and is known as Ralph Lauren Clothing.
Lauren occupied #53 on Forbes’ United States billionaires list.
#7 opened his company in his garage!
