Tuesday, April 30, 2013



This is my reply to Top 10 Billionaires That Dropped Out Of School by spywareczar.

 People often get the misconception that MOST billionaires did not go to school or maybe dropped-out of college. Well, this is largely false as only 18% of the 234 US billionaires today dropped out from college or didn't go to college at all. 
What i am trying to say is that formal education is very important and should not be "berated". 

1- Steve Ballmer (Worth 15.2 billion usd):
Steven Anthony Ballmer  born March 24, 1956 is an American business man who currently serves as the CEO or Microsoft.
Ballmer was born in Detroit, the son of Beatric Dworking and Frederic Henry Ballmer, a manager at the ford motor company. His father was a swiss immigrant and his mother was jewish. 
In 1977, he graduated from Havard University with an A.B. in mathematics and Economics

2-    James "Jamie" Dimon (born March 13, 1956) is an American business executive. He is the current chairman, president and chief executive officer ofJPMorgan Chase, one of the Big Four banks of the United States, and has served as a Class A director of the Board of Directors of the New York Federal Reserve since January 2007. Dimon was named to Time magazine's 2006, 2008, 2009, and 2011 lists of the world's 100 most influential people. He was also named to Institutional Investor's Best CEOs list in the All-America Executive Team Survey from 2008 through 2011.[3] He was named the CEO of the Year in 2011.
He received a $23 million pay package for fiscal year 2011, more than any other bank CEO in the United States. He is worth well above a 1.9 billion dollars
He majored in psychology and economics at Tufts University. During one summer's break from Tufts, he worked at Shearson. After graduating, he worked in management consulting for two years before enrolling at Harvard Business School

3- Seth Klarman
is an american billionaire who founded the Baupost Group, a Boston-based private investment partnership, and the author of Margin of Safety: Risk-Averse Value Investing Strategies for the Thoughtful Investor a book on value investing.He is worth 1.05billion dollars. larman started The Klarman Family Foundation ($255 million in assets as of 2010) which donates to medical causes, Jewish organizations (such as the American Jewish Committee and Boston’s Combined Jewish Philanthropies), and Israeli causes. Klarman is the chairman of Facing History and Ourselves which develops
classroom programs to combat anti-Semitism and bigotry. Klarman also is active with the The Israel Project, a pro-Israel advocacy group that collects and provides information on Israel for journalists. He gave the organization $4 million between 2008 and 2010
Klarman is a graduate of Cornell University and Harvard Business School

4- Stephen F. Mandel Jr:   is the founder of hedge fund Lone Pine Capital
Mandel is a 1974 graduate of Phillips Exeter Academy and a 1978 graduate of Dartmouth College where he majored in government and was a member of the Psi Upsilon fraternity. He also has an M.B.A. from Harvard University.
His networth is 1.8billion dollars

5Mark Cuban (born July 31, 1958) is an American businessman, investor, and philanthropist. He is the owner of the National Basketball Association's Dallas Mavericks, Landmark Theatres, and Magnolia Pictures, and the chairman of the HDTV cable network AXS TV.He is also a "shark" investor on the television series Shark Tank. In 2011, Cuban wrote an e-book, How to Win at the Sport of Business, in which he chronicles his life experiences in business and sports.

Networth: 2.3 Billion dollars
Alma Mater: Indiana University ( bachelor's degree in business administration.)

More coming.......

6- Carlos Slim Helú  is a Mexican business magnate, investor, and philanthropist. Slim has been ranked by Forbes as the richest person in the world since 2010.[3] His extensive holdings in a considerable number of Mexican companies through his conglomerate, Grupo Carso, SA de CV, have amassed interests in the fields of communications, technology, retailing, and finance. Presently he is the chairman and chief executive of telecommunications companies Telmex and América Móvil.
América Móvil, which in 2010 was Latin America’s largest mobile-phone carrier, accounted for around US$49 billion of Slim's wealth by the end of 2010.[4] His corporate holdings as of March 2013 have been estimated at US$73 billion.[3]
He went on to study civil engineering at the National Autonomous University of Mexico, while simultaneously teaching algebra and linear programming there

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