New research from Informi reveals the wealthiest and most successful Britons who dropped out of education after leaving high school.
There are currently 13 UK billionaires with a collective fortune of £45.5 billion that did not attend university according to small business advice company Informi.
The list is comfortably headed by real estate and metals moguls David and Simon Reuben, who hold a combined net worth of £12 billion, and are the second highest ranking Britons on the entire Forbes rich list behind the Hinduja family.
Also included are well-known celebrities such as Sir Richard Branson (£3.9 billion), the founder of the Virgin Group, and Bernie Ecclestone (£2.3 billion), former chief executive of the Formula One Group.
Darren Nicholls, product manager for Informi, said: “For those students nervously awaiting their A-Level results this week, and those who will be receiving their GCSE results the week after, this list demonstrates that some of the UK’s most successful and inspiring business individuals have gained financial success without having gone down the university route first.
“There’s no doubt that higher education can help many people into their career of choice. But equally, if you have a great business idea, you may be able to achieve your dreams and aspirations with the help and support of those around you, and by finding the best sources of expert advice to help you on your way.”
The full list can be seen in the table below:
|Position||Forbes Rich List World Ranking 2017 (UK rank in brackets)||Name(s)||First Job After Schoool||Net worth (£ billion)||Source of wealth|
|1||65 (2)||David and Simon Reuben||Started scrap metals business (David); imported carpets (Simon)||£12||Real estate and metals|
|2||269 (5)||Joe Lewis||Working in family catering business||£4.4||Investments|
|3||324= (7=)||David and Frederick Barclay||Accounts department at General Electric Company (both)||£3.9||Media and retail|
|4||324= (7=)||Sir Richard Branson||Started mail-order records business||£3.9||Virgin|
|5||339 (9)||Philip Green||Worked at shoe importer||£3.8||Fashion retail|
|6||359 (10)||Laurence Graff||Apprentice jeweller||£3.6||Diamonds|
|7||367 (11)||Clive Calder||Band member||£3.5||Record label|
|8||693 (18)||Bernie Ecclestone||Chemical laboratory assistant||£2.3||Formula One|
|9||717 (19)||Peter Hargreaves||Computer salesman||£2.2||Financial services|
|10||782 (20)||Mike Ashley||Squash player||£2||Sports retail|
|11||939 (25)||John Caudwell||Apprentice at Michelin||£1.7||Mobile phones|
|12||1468= (40=)||Richard Desmond||Classified advertisements||£1.1||
|13||1468= (40=)||John Whittaker||Joined family’s textile business||£1.1||Real estate|
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