Top 10 Richest Dropouts Who Didn't Need a College Degree

Gabrielle Chanel, as she is more popularly known as "Coco", was an ordinary girl born to a couple of peasants and street vendors in a poor neighborhood in Paris. But how come a daughter of a peasant and a street vendor became one of the world's richest people with a net worth of $100 million with no formal degree?
 
Her success in the fashion industry started in the early 1900s when she began designing hats for women. This passion was backed up by one of her male admirers as she was able to open her first shop in Paris in 1913. Once her business selling designer hats was a success, she began offering a wider range of clothing options to her customers. One of her most popular clothing inventions is the black little dress. Black little dress is now known as a timeless fashion choice that is worn by people around the world. 

Even with a lack of formal education, Chanel still had the power and intellect to rule the world of Parisian haute couture for several decades.