25 People Who Went From Extreme Poverty To Unimaginable Wealth

25 People Who Went From Extreme Poverty To Unimaginable Wealth


March 24, 2025 | Alex Summers

25 People Who Went From Extreme Poverty To Unimaginable Wealth


Started With Nothing And Eventually Built Empires

Success stories often begin in the unlikeliest of places—small towns, struggling families, or even the streets. Yet, through relentless determination and sheer perseverance, these 25 have risen from hardship to amass fortunes. 

Intro

Oprah Winfrey

Struggling with poverty in rural Mississippi, Oprah Winfrey overcame a turbulent childhood to become a broadcasting powerhouse. She started working in the local news and then became a talk show legend, building a media empire that earned her billions of dollars. 

Oprah Winfrey at the Premiere of Apple TV +'s SidneyJoe Seer, Shutterstock

Advertisement

Guy Laliberte

Once a fire-breathing street performer in Canada, Guy Laliberte dreamed of bringing a new kind of circus to the world. With no safety net, he co-founded Cirque du Soleil, which blends acrobatics and storytelling. His gamble paid off, and he transformed live entertainment into a billionaire project. 

image of Guy LaliberteNASA HQ PHOTO, Flickr

J K Rowling 

A single mother on welfare, J K Rowling, was writing in cafes to stay warm. She got rejected by multiple publishers but never gave up on her dreams. When Harry Potter and the Philosopher’s Stone finally hit the shelves, it launched one of the most successful franchises in history.

J K Rowling Reads From New Harry Potter BookChristopher Furlong, Getty Images

Ingvar Kamprad 

Raised on a small Swedish farm, Ingvar Kamprad showed entrepreneurial spirit early, selling matches and pencils as a child. In 1943, he founded IKEA, initially selling household goods by mail. His revolutionary flat-pack furniture concept turned IKEA into the world’s largest and most accessible furniture retailer.

Ingvar KampradMinistry of Enterprise, CC BY 2.0, Wikimedia Commons

Advertisement

Steve Bisciotti 

While living in a Maryland trailer park, Steve Bisciotti knew hard work was his ticket out. He founded Aerotek, a staffing firm, which grew into a multi-billion-dollar business. With his fortune, he purchased the Baltimore Ravens, proving that vision can lead to extraordinary success.

image of  Steve BisciottiJay Baker, CC BY 2.0, Wikimedia Commons

Richard Branson 

Dyslexia and poor grades didn’t stop Richard Branson from dreaming big. He launched a student magazine, then Virgin Records, before expanding into airlines, healthcare, mobile networks, and even space travel. With relentless ambition and a knack for risk-taking, he built Virgin Group into a global powerhouse.

Sir Richard Branson - Gulltaggen 2010Gulltaggen, CC BY 2.0, Wikimedia Commons

Tyler Perry 

Who would believe that a struggling actor living in his car would become a Hollywood mogul? Tyler Perry spent years struggling to break into entertainment, but thanks to his hard work, his stage plays took off. He created Madea and a billion-dollar media empire. 

Survivor FactsGetty Images

Advertisement

Larry Ellison

Born to a single mother and raised by adoptive parents, Larry Ellison dropped out of college twice. Fascinated by computing, he co-founded Oracle in 1977 with just $2,000. His vision for database technology revolutionized enterprise software and made Oracle a tech giant.

Larry EllisonOracle Corporate Communications, CC BY 2.0, Wikimedia Commons

Kim Beom-Su 

Kim Beom-Su’s childhood was marked by hardship as he grew up in a cramped one-room home in South Korea. He later founded Kakao, the company behind Korea’s top messaging app, KakaoTalk. His success revolutionized digital communication in South Korea and made him one of Asia’s wealthiest entrepreneurs.

Kim Beom-Su ACROFAN, CC BY-SA 3.0, Wikimedia Commons

Ursula Burns 

Defying all odds, Ursula Burns was raised by a single mother in New York’s housing projects, Yet she worked hard to become the first Black woman to lead a Fortune 500 company. She started as an intern at Xerox and climbed to the top, redefining leadership in corporate America.

Rags to Riches Stories factsFlickr, Fortune Live Media

Advertisement

Dwayne “The Rock” Johnson

As a young man, Dwayne Johnson’s family was evicted, and he had just $7 to his name at one point. He pursued football but pivoted to wrestling, where he became “The Rock”. His charisma led to Hollywood, and now, with business ventures in tequila and sports, he’s a billionaire.

Dwayne Johnson posing for a photoEva Rinaldi, CC BY-SA 2.0, Wikimedia Commons

Shahid Khan 

Shahid Khan immigrated from Pakistan to the US with $500 and washed dishes for $1.20 an hour. He later engineered a new truck bumper design and built a billion-dollar auto parts business. Today, he owns the Jacksonville Jaguars and Fulham FC.

image of Shahid KhanMelissa Hillier, CC BY 2.0, Wikimedia Commons

George Soros 

Surviving Nazi-occupied Hungary as a child, George Soros fled to England, working odd jobs while studying. He later became a Wall Street legend, famously making $1 billion in a day betting against the British pound. His philanthropy and influence extend far beyond finance.

George Soros at the World Economic Forum Annual Meeting 2011World Economic Forum, CC BY-SA 2.0, Wikimedia Commons

Advertisement

Ralph Lauren 

Growing up in a working-class Bronx neighborhood, Ralph Lauren dreamed big. With no formal fashion training, he started by selling ties. His vision for classic American style led to a global empire and proved that ambition and taste can turn a simple idea into a billion-dollar success.

image of Designer Ralph LaurenFashionStock.com, Shutterstock

Jim Carrey 

Jim Carrey’s family struggled so much that they lived in a van. He performed relentlessly in clubs, facing rejection after rejection, but was determined to break into comedy. His role in Ace Ventura: Pet Detective made him a household name and became one of the most successful names in Hollywood. 

Jim CarreyJoe Seer, Shutterstock

Howard Schultz 

As he grew up in a poor Brooklyn housing complex, Howard Schultz saw coffee as more than a drink—it was an experience. After joining a small Seattle coffee chain, he reimagined it as a cultural institution. Under his leadership, Starbucks transformed from a local roastery into a worldwide coffee powerhouse.

image of Howard SchultzGage Skidmore, Flickr

Advertisement

Roman Abramovich 

Orphaned at two and raised by relatives in Soviet Russia, Roman Abramovich had little to his name. He started by selling plastic toys before venturing into oil and industry. His bold business moves built a fortune, eventually leading to his high-profile ownership of Chelsea Football Club until 2022. 

image of Roman Abramovichmagicinfoto, Shutterstock

Jay-Z

Jay-Z turned his struggles growing up in Brooklyn’s Marcy Projects into lyrics and launched his rap career independently when no labels would sign him. His empire expanded into fashion, streaming, hospitality, and sports management, making him a billionaire. He also helped launch the careers of other artists like Kanye West. 

Jay-Z in 2011Joella Marano, CC BY-SA 2.0, Wikimedia Commons

Do Won Chang 

Arriving from South Korea with little money, Do Won Chang worked as a janitor and a gas station clerk to survive. However, he had a dream and was determined to make it happen. He and his wife later founded Forever 21 and turned his shop into a global fast-fashion empire.

Do Won Chang Do Won Chang on what keeps Forever21 going by Mint

Advertisement

Francois Pinault

The son of a timber trader, Francois Pinault dropped out of school and started a small wood business. He later pivoted to luxury, acquiring Gucci, Yves Saint Laurent, and other top brands. His company, Kering, is now one of the biggest names in high-end fashion.

Francois PinaultLeafar, CC BY-SA 3.0, Wikimedia Commons

Dolly Parton

In rural Tennessee, Dolly Parton grew up with 11 siblings and no electricity in a one-bedroom cabin. Her songwriting talent propelled her to country music superstardom. With smart investments in Dollywood and entertainment, she built a billion-dollar empire while staying true to her roots.

Dolly Parton FactsGetty Images

LeBron James 

LeBron James was raised by a single mother in poverty-stricken Akron but found his way out through basketball. Drafted into the NBA straight from high school, he became one of the greatest players of all time. Smart investments and business ventures pushed him into billionaire status.

LeBron James in red jerseyKeith Allison , CC BY-SA 2.0, Wikimedia Commons

Advertisement

Jan Koum

Can innovation change someone’s fate? Jan Koum is the best to answer this question, as he immigrated from Ukraine to the US with his mother. Although they lived on food stamps, he taught himself coding and later founded WhatsApp. Koum sold WhatsApp to Facebook for $19 billion.

image of Jan KoumHubert Burda Media, Flickr

Jeff Bezos 

The son of a teenage mother who later got adopted by his Cuban immigrant stepfather, Jeff Bezos, excelled in school. In 1994, he quit a Wall Street job to start an online bookstore in his garage. That startup, Amazon, grew into the world’s most dominant e-commerce empire.

Jeff Bezos, Amazon.com founder - 2016National Museum of American History Smithsonian Institution, Flickr

Zhou Qunfei 

Growing up in rural China, Zhou Qunfei dropped out of school to work in a factory. She later started her own glass manufacturing company, Lens Technology, which supplies touchscreens to Apple and Samsung. Her grit and innovation made her one of the richest self-made women in the world.

Zhou Qunfei Zhou Qunfei: The Billionaire Behind Your Phone's Screen 📱 by @BusinessMyopia


READ MORE

10 Money Habits Of People Who Retire Before 40

Retiring at 40 isn't a pipe dream, and you don't have to be a tech genius, Wall Street bro, or pro athlete to do it. But you have to follow the habits of those who've done it before.
April 15, 2025 Penelope Singh
corporateinternal

10 Shocking Corporate Meltdowns

Major corporations seem so stable. That's why shocking corporate meltdowns are so compelling. Here are 10 of the worst ever.
June 14, 2023 Eul Basa
Signs You're Broke Internal

10 Signs You're Broke

Discover the 10 unmistakable signs that you might be facing financial difficulties. From living paycheck to paycheck to avoiding bills, this article delves into the indicators of being broke and offers insights into understanding and assessing your financial health.
October 4, 2023 Sammy Tran

10 Simple Tricks to Save on Your Water Bill

Explore ten straightforward and effective ways to significantly cut your water bill, each supported by savings statistics, and gain insights into common water-wasting habits and the cost structure of water bills. This guide offers practical advice on water conservation, helping households to be more water-efficient and financially savvy.
September 29, 2023 Allison Robertson

10 Vintage Sports Cards That Are Worth a Fortune Today

Explore the lucrative world of vintage sports cards with a deep dive into 10 cards that have skyrocketed in value over the years. From baseball legends to basketball icons, uncover the stories and prices behind these treasured collectibles.
November 1, 2023 Sammy Tran
Save Money With Your Old Phone

10 Ways To Save Money With Your Old Phone

Discover 10 clever ways to save money with your old phone! From repurposing it as a security camera to turning it into a dedicated music player, this article unveils creative ways to make the most out of your old device. Don't let your retired phone gather dust—unlock its hidden potential and start saving today!
January 19, 2025 Peter Kinney


Disclaimer

The information on MoneyMade.com is intended to support financial literacy and should not be considered tax or legal advice. It is not meant to serve as a forecast, research report, or investment recommendation, nor should it be taken as an offer or solicitation to buy or sell any securities or adopt any particular investment strategy. All financial, tax, and legal decisions should be made with the help of a qualified professional. We do not guarantee the accuracy, timeliness, or outcomes associated with the use of this content.





Dear reader,


It’s true what they say: money makes the world go round. In order to succeed in this life, you need to have a good grasp of key financial concepts. That’s where Moneymade comes in. Our mission is to provide you with the best financial advice and information to help you navigate this ever-changing world. Sometimes, generating wealth just requires common sense. Don’t max out your credit card if you can’t afford the interest payments. Don’t overspend on Christmas shopping. When ordering gifts on Amazon, make sure you factor in taxes and shipping costs. If you need a new car, consider a model that’s easy to repair instead of an expensive BMW or Mercedes. Sometimes you dream vacation to Hawaii or the Bahamas just isn’t in the budget, but there may be more affordable all-inclusive hotels if you know where to look.


Looking for a new home? Make sure you get a mortgage rate that works for you. That means understanding the difference between fixed and variable interest rates. Whether you’re looking to learn how to make money, save money, or invest your money, our well-researched and insightful content will set you on the path to financial success. Passionate about mortgage rates, real estate, investing, saving, or anything money-related? Looking to learn how to generate wealth? Improve your life today with Moneymade. If you have any feedback for the MoneyMade team, please reach out to [email protected]. Thanks for your help!


Warmest regards,

The Moneymade team