5 Famous Billionaire Dropouts

college dropout billionairesBy Jane Lee and Helen A. Coster from Forbes.com

Be cool -- stay in school, the saying goes. Recent reports show that a rising number of college graduates are topping off their resumes with $135,000 law degrees in hopes of getting ahead in the post-recession economy. But one look at this Forbes list of billionaires who never graduated from high school will make you wonder: If you want to be rich, should you ditch?

1. Richard Branson

A dropout at 16, he founded a mail-order record retailer which became the Virgin Records stores and music label. Today, his empire includes 200 companies -- airlines, music festivals, mobile phones -- in 30 countries. His estimated net worth: $6.8 billion.

2. Carl Lindner, Jr.

This billionaire dropped out of high school to deliver milk for his family's dairy. In 1984, Lindner bought Chiquita Brands International (formerly United Fruit Company and United Brands Company) and ran it until 2001. Lindner's estimated net worth: $1.7 billion.

3. François Pinault

It's hard to believe that the third-richest man in France -- with holdings like Gucci, Christie's auctioneers, Samsonite and Puma -- quit high school in 1947 to work at his father's lumber mill. Pinault has amassed an $8.7 billion fortune.

4. Kirk Kerkorian

This mega-resort tycoon, who dropped out to pursue amateur boxing in the eighth grade, is now worth $3.1 billion.

5. Amancio Ortega

The founder of Inditex, a fashion empire that includes brands Zara and Massimo Dutti, ditched school at age 14 to run errands for mom-and-pop shirt stores. Ortega, now the richest man in Spain, is worth $31 billion.

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