John D. Rockefeller Sr., a high school dropout, became the first American billionaire and is said to be the richest man in history. He founded Standard Oil, the first multinational corporation, in 1870. The Supreme Court broke up the company in 1911 stating the company had violated anti-trust law creating a monopoly.
Henry Ford never graduated high school, but went on to start one of the largest automobile manufacturing companies in the world, Ford Motor Company. HeÂ’s also credited as being the first auto manufacturer to use an assembly line, completely revolutionizing the way cars were produced. The assembly line allowed Ford sell cars at a lower price but the company kept making higher profit because sales volumes continually increased. Time called Ford one of the most influential people of the 20th century.
Michael Dell, the founder and CEO of Dell, Inc., dropped out of college at 19. He first started his computer company in his college dorm room, later using companyÂ’s earnings and family loans to expand. In 2008, Forbes ranked Michael Dell #11 in its 400 Richest Americans. As of 2009, he has an estimated net worth of $12.3 billion.
Dave Thomas; The founder of WendyÂ’s, Dave Thomas started working in the restaurant industry at only 12 years old. His family was constantly on the move and at age 15, he refused to keep moving with his parents. He was working part time at the Hobby House restaurant in Fort Wayne and dropped out of high school to start working at the business full time.
After working as a mess sergeant during the Korean War, he began working for KFC, where he was able to help turn several of their failing franchises around. In 1969, he sold of the KFC franchises he owned and opened his own restaurant in Columbus, Ohio. He named the restaurant after his daughter, who was actually called Melinda, but was nicknamed Wendy. These days, WendyÂ’s is the third largest burger chain in America.
In 1993, Dave decided that he didnÂ’t want to set a bad example for any youngsters out there, so he enrolled at Coconut Creek High School and earned his GED.
George Eastman, creator of the Kodak Camera Company, George Eastman, was forced to drop out of school due to financial circumstances. At only 14, his father died and the only way George could keep his two sisters and mother alive was to quit school and begin working as an office boy full time. By the age of 26, Eastman found his true calling and began working to improve the emulsion process involved in photography. He thought the liquid emulsions proved quite a problem as they were excessively sticky and had to be used quickly before they dried. In only three years, Eastman had perfected his dry emulsion plates and he started his own photographic business in 1880.