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Jay-Z, Zhou Qunfei, Richard Branson – and other self-made billionaires who never even graduated from high school

STORYBusiness Insider
Beyoncé arrives with husband Jay-Z – a self-made billionaire – at the Metropolitan Museum of Art Costume Institute Gala 2015. Photo: Reuters
Beyoncé arrives with husband Jay-Z – a self-made billionaire – at the Metropolitan Museum of Art Costume Institute Gala 2015. Photo: Reuters
Millionaires and billionaires

Self-made entrepreneurs like Jay-Z, Richard Branson and Amancio Ortega all made billionaires without even gaining a high school diploma – how did they do it?

Entrepreneurs like Richard Branson and rapper Jay-Z have two things in common: both are wildly successful billionaires, and both never graduated from high school.

But they aren't the only billionaires who never so much as picked up a high school diploma. While a number of prominent college dropouts later became ultra-wealthy – particularly tech titans like Mark Zuckerberg and Bill Gates – it's generally rarer for high school dropouts to become among the richest people in the world. But still, it does happen from time to time – as these examples each prove.

Keep reading to learn more about five of the most prominent billionaires who also happen to be high school dropouts.

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Zhou Qunfei dropped out of high school at 16 to work in a watch lens factory

Zhou Qunfei dropped out of high school at 16 to work in a watch lens factory. Photo: AFP
Zhou Qunfei dropped out of high school at 16 to work in a watch lens factory. Photo: AFP
Attending accounting classes at night, Zhou Qunfei saved up nearly HK$20,000 (about US$2,500) and eventually opened up her own watch lens company, run by herself and her family members.

She is now the CEO of Lens Technology, which manufactures glass for brands such as Apple, Samsung and Tesla. In 2015, the company went public and Zhou's stake in the business was worth US$7.2 billion, The New York Times reported that year.

“I have encountered many difficulties and setbacks as an entrepreneur,” she said in an interview with CNBC Make It. “But the key to success is to persevere, especially during the most difficult times.”

The self-made billionaire is currently worth about US$6.6 billion, according to Forbes real-time assessment.

Amancio Ortega dropped out of school at 14 to begin running errands for local shopkeepers

Amancio Ortega dropped out of school at 14 to begin running errands for local shopkeepers. Photo: AP
Amancio Ortega dropped out of school at 14 to begin running errands for local shopkeepers. Photo: AP
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