Sir Richard Branson, born in 1950 in London, United Kingdom, dropped out of school at 16 and has a current net worth of $4.4 billion. He struggled in school but found success as an entrepreneur, starting his first business, a mail-order record company called Virgin in 1972. Over his career he has founded and continues to lead the Virgin Group, which owns over 400 companies including Virgin Records, Virgin Atlantic Airways, and Virgin Galactic.