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9 Hugely Successful Black People Who Dropped Out of School

school jay zJay Z and Beyonce Knowles-Carter

Jay Z and his wife Beyonce topped the Forbes list of highest earning couples last year. The Knowles-Carter family has a reported combined net worth of over $600 million.

Jay Z has successfully transitioned from being just a rapper to a bonafide business mogul. He signed a 10-year, $150-million Live Nation deal in 2008, and his “Watch the Throne” world tour brought in $1.4 million per night in the U.S., while Beyonce’s ” The Mrs. Carter Show World Tour” grossed an average $2 million per night, according to Forbes.

Then there are their other interests. Jay Z briefly owned a minority stake in the Brooklyn Nets, but dumped his share because he started his own sports agency: Roc Nation Sports, which represents star athletes like Kevin Durant and Victor Cruz. Beyonce has several fragrance collections and a clothing line, House of Dereon. The couple also manage a handful of lucrative endorsement deals for major companies including L’Oreal, Dell, and Budweiser.

Jay Z attended several schools in Brooklyn and reportedly last attended Trenton Central High School in Trenton, N. J., where he did not graduate. Reports vary on whether Beyonce obtained a high school diploma. Some claim she received a diploma via homeschooling while working with the successful girl group Destiny’s Child.

Two years ago, rumors swirled that Beyonce was getting a GED when she was photographed entering an Alternative Education Complex in New York. Neither has attended college.

school johnson

Magic Johnson

After two years in college at Michigan State University, Magic Johnson was drafted into the NBA.  Johnson never returned to complete his degree, but managed to build a multimillion-dollar company following his departure from professional basketball.

With partnerships with companies like Starbucks, 24 Hour Fitness, T.G.I. Fridays and AMC Theatres, Johnson invested in urban real estate and companies catering to America’s underserved markets via his Canyon-Johnson and Yucaipa-Johnson funds.

He now runs Magic Johnson Enterprises, a company that has a net worth of $700 million.

What people are saying

8 thoughts on “9 Hugely Successful Black People Who Dropped Out of School

  1. Yvonne Mason says:

    Congrats to them, but this does not give the average person a realistic set of goals. These are 1 in a million in relation to outcome. I encourage black self made people though.

  2. So if I drop out of school and look into alcohol sales or the entertainment industry I'll be "hugely successful"?

  3. Sean Lee says:

    You forgot real estate

  4. Sean Lee well there's that but the truth of the matter is unless you have the capital you can't get into real estate. That's someone that started with some money.

  5. An education doesn't guarantee you'll be "successful" in life but it certainly is a stepping stone to get where you wanna go. Kudos to those that made it without. I'm sure for every 1 of the dropouts that are millionaires there are a million dropouts struggling to survive on minimum wage.

  6. you are absolutely right

  7. Kennyb Young says:

    Give this a chance for black men that are povertized and still have dreams,all saying sucess is not all about the graduation day a dream becomes reality…

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