Well, a degree is not everything if you have the right mindset to get rich and excel in life. A formal educational degree will of course enhance your skills and polish your profile, but if you have the talent, confidence, and the right temperament to achieve your goal, there is no stopping you. In this article, we will have a look at the top 10 billionaires without degrees which might inspire you to become a business magnate in this league.

10. (Late) Michele Ferrero

Estimated net worth: $ 18 billion

Michele Ferrero is the owner of the eponymous chocolate manufacturing company "Ferrero Rochers". With a net worth of $ 18 billion that surpasses Silvio Berlusconi, he was the richest man in Italy. At a very young age, he found a big passion in the Chocolate manufacturing and did not need to go to college to get the skill that made him of the richest man in the world. The real life Willie Wonka died recently in April 18, 2011.

9. Lee Shau Kee

Estimated Net Worth: $ 19 Billion

Lee Shau Kee is a property developer and the majority owner of Henderson Land Development. He is currently the wealthiest man in Hong Kong and Greater China Region second to Li Ka Shing. However; he has been awarded with many honorary degrees from various universities.

8. Liliane Bettencourt

Estimated Net Worth: $ 23.5 billion

Liliane Bettencourt is the heiress to L'Oreal, a socialite, businesswoman and a philanthropist. She has been ranked 15th richest person in the world by Forbes Magazine (2010) with a net worth of $ 23.5b.

7. Li Ka-shing

Estimated Net Worth: $ 26 billion

Sir Ka-shing Li is the richest man in the East Asia Region and the 11th richest in the world with a fortune of $ 26b. A high school dropout, he is the Chairman of Hutchison Whampoa Limited (HWL) and Cheung Kong Holdings; through which he is the world's largest operator of container terminals and the world's largest health and beauty retailer. He is often called "Superman" in Hong Kong because of his business prowess.

6. Ingvar Kamprad

Estimated Net Worth: $ 6 billion

According to Forbes magazine, Ingvar Kamprad is the 162nd richest man in the world with a net worth of $ 6b. He is the owner of Interogo Foundation and Stichting INGKA Foundation. According to a Swedish business weekly Veckans Affärer, he is the wealthiest person in the world with an estimated wealth of between $50bn and $90bn, owning the IKEA franchise.

5. Karl Albrecht

Estimated Net Worth: $ 25.5 billion

Karl Albrecht is a German entrepreneur and the co-founder of Aldi, a discount supermarket chain. According to Forbes, he is the 12th richest man in the world and the richest man in Germany with a fortune of $ 25.5 billion. At the age of 91, he is also the oldest billionaire in the world.

4. Christy Walton

Estimated Net Worth: $ 26.5 billion

Christy Walton is the richest woman in the world. According to Forbes, she is also the 4th richest person in the US and the 10th richest in the world. She is the daughter-in-law of Sam Walton, the founder of Wal-Mart. After the death of her husband, John T. Walton, she inherited his fortune worth $ 15.5b. Currently, her estimated net worth is $ 26.5b, the majority comes from her shares in Wal-Mart.

3. Amancio Ortega

Estimated Net Worth: $ 31 billion

Amancio Ortega is a famous Spanish fashion entrepreneur. He is the co-founder and the CEO of Inditex Group. According to Forbes, he is Spain's richest man and the 7th richest man in the world with a fortune of $ 31b. He became one of the most powerful men in the fashion industry without any college education.

2. Larry Ellison

Estimated Net Worth: $ 33 billion

Larry Ellison is the co-founder and the CEO of Oracle Corporation. He was a student of University of Chicago and University of Illinois at Urbana, however he skipped college before earning a degree. According to Forbes, he is the 3rd richest man in the US with a net worth of $ 33b.

1. Bill Gates

Estimated Net Worth: $ 56 billion

Bill Gates is an American business magnate and is the co-founder and current CEO of Microsoft Corp. He is a dropout of Harvard University one year later of which he founded Microsoft with Paul Allen. He has always featured in the top 3 richest person in the world in the last decade. According to Forbes, he is the second richest man in the world only second to Carlos Slim Helu with a fortune of $56b.

Source: Ningombam Biswamitra (Shiksha Team)

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