College Dropouts Who Pioneered in the World of Business
It is worth noting that some of India”s top business tycoons reached the pinnacle of their success without having a business degree, and the list contains India”s richest persons, Mukesh Ambani and Gautam Ambani. Azim Premji, RK Damani, Kailesh Katkar, Subhash Chandra Goenka, and Shahid Balwa are also featured in the list. So, what are the factors that propelled them into success despite being college dropouts? Watching them work even at this early stage of their lives, it is undoubtedly clear that their success is the result of their unwavering passion and belief in their entrepreneurial instincts.
Here is the list of college dropout business tycoons
Mukesh Ambani: Mukesh Amabani is the richest person in Asia and the 13th richest in the world, with an estimated net worth of $91.9 billion. He is the chairman and managing director of Reliance Industry, India”s most valuable firm with a market valuation of Rs. 16.20 lakhs crore.
Being born to Reliance Industries founder and business tycoon Dhrubhai Ambani and Kokilaben Ambani, Mukesh attended Hill Grange High School at Peddar Road, Mumbai. After schooling, he studied at St. Xavier”s College, Mumbai, and then received a BE degree in chemical engineering from the Institute of Chemical Technology.
Later, Ambani enrolled for an MBA at Stanford University but quit the course in 1980 to help his father build Reliance. As Mukesh entered the realm of business, Relaince Industries was one of the significant business conglomerates, having a presence in sectors such as refining, petrochemicals, and textiles. Under Mukesh, Reliance spread its wings and dominated other sectors such as retail and telecommunication. Reliance also owns the Indian Premier League franchise Mumbai Indians. The success of the Reliance industries stands as a testament to his merit.
Gauthm Adani: Gautam Shantilal Adani is the founder and chairman of the Adani Group,a diversified conglomerate comprising 10 publicly traded companies. It has created a world-class transport and utility infrastructure portfolio that has a pan-India presence. Adani Group is headquartered in Ahmedabad, in the state of Gujarat, India.
Gautham Adani created the Adani Group empire, despite having dropped out in the second year of a bachelor”s degree in commerce at Gujrat University.
Azim Premji: Azim Hashim Premji is the founder and chairman of Wipro Limited, the leading Indian IT company. Being known as the Czar of the Indian IT Industry, Premji was a dropout from Stanford University. However, after 30 years, he completed his engineering degree from Standford University.
Radhakishan Damani: Radhakishan Damani is the 8th richest person in India. He is the founder of Avenue Supermarts Limited. He is also well known for these successful equity investments made through investment firm Bright Star Investments Ltd. Even though he joined for a commerce degree at Mumbai University, he dropped out after a year.
Kailesh Katkar: Kailesh Katkar is the founder of Quick Heal, a household name in India”s cybersecurity market. Katkar”s greatness lies in the fact that he defied the hardships extended by the life towards him. Having stopped his education at the 9th grade, he became a successful entrepreneur with sheer determination and hard work.
Subhash Chandra Goenka: Being the chairman of the Essel Group, an Indian media conglomerate that founded Zee TV in 1992, Goenka is known as an Indian media baron. In 1965, he dropped out of school to join the family business of commission agents due to financial difficulties. According to reports, at that time, he had Rs. 3.25 lakh in debt. Goenka stopped studying and worked as a commission agent in order to repay the debt.
Shahid Balwa: Balwa is one of the promoters of DB Group, one of the leading firms in the country. In 2010, Balwa became the youngest Indian to be included on the Forbes list of the 10 youngest billionaires in the world. Shahid Balwa is a college dropout.
