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Folorunso Alakija

1951 – present · Nigerian

A fashion designer who bid for an unwanted oil licence and built a fortune underground

She trained as a fashion designer and secretary before applying for an oil prospecting licence in the 1990s that other companies had passed over,…

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Friedrich Wilhelm Raiffeisen

1818 – 1888 · German

A small-town German mayor who invented the credit union to save farmers from moneylenders

Watching famine push indebted farmers into the hands of loan sharks, he organised village co-operative credit societies owned and run by their own…

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George Cadbury

1839 – 1922 · British

Took over a failing cocoa firm at 21 and built Bournville, a factory in a garden

He and his brother took on a business close to collapse and lived on almost nothing to save it. When it prospered he moved the works out of…

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Hamdi Ulukaya

1972 – present · American

A Kurdish shepherd's son who bought a shuttered yoghurt plant and staffed it with refugees

Born to a Kurdish farming family in Turkey, he arrived in the United States speaking little English, bought a closed yoghurt factory with a small…

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Harland Sanders

1890 – 1980 · American

Failed at a dozen jobs and started franchising fried chicken at 65 with a pension cheque

Fired from job after job, he was running a roadside café in Kentucky when a new highway bypassed it and wiped him out. At an age when most people…

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Helena Rubinstein

1872 – 1965 · Polish-American

Left Kraków with a suitcase of face cream jars and built one of the first global cosmetics empires

Fleeing an arranged marriage in Poland with little money, she sold a face cream made by a family friend to Australian sheep farmers' wives, then…

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Herman Mashaba

1959 – present · South African

Refused to accept apartheid limits and built a hair care company from his kitchen

Growing up under apartheid with no right to own property in most of South Africa, he built a small hair care manufacturing operation from his kitchen…

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Horace Plunkett

1854 – 1932 · Irish

An Anglo-Irish landowner who spent a fortune persuading small farmers to work together

After years ranching in America restored his health, he returned to Ireland and devoted his life and much of his money to persuading small,…

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Hussain Sajwani

1953 – present · Emirati

Ran a student catering business in America before building a Dubai property empire from a trading desk

He funded his studies abroad by running a small catering operation, then built a trading and services company in Dubai before founding DAMAC…

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Ibrahim Abouleish

1937 – 2017 · Egyptian-Austrian

Left a research career in Austria to grow medicine in the Egyptian desert

A pharmaceutical researcher who gave up a settled career in Austria to reclaim a patch of desert outside Cairo, he built Sekem, a farming and…

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Indra Nooyi

1955 – present · Indian-American

Arrived in America with less than one hundred dollars and rose to run one of its biggest food companies

She left Chennai for a Yale business degree with almost no money, worked nights to afford a job interview suit, and climbed through strategy roles to…

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Ingvar Kamprad

1926 – 2018 · Swedish

Founded IKEA at 17 with a reward from his father for good school grades

A farm boy who sold matches from his bicycle at five, he built the world’s largest furniture retailer on one idea: if you cannot afford the price,…

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Jack Ma

1964 – present · Chinese

Failed his university entrance exam twice and was rejected by KFC before building Alibaba

A schoolteacher from Hangzhou who was turned down for dozens of jobs, including a position at the first KFC in his city, he co-founded Alibaba from…

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James Dyson

1947 – present · British

Built 5,127 prototypes of a vacuum cleaner before one worked

Every vacuum manufacturer in Britain turned down his bagless design, so after five years and thousands of failed prototypes he built a company to…

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Jamsetji Tata

1839 – 1904 · Indian

Planned a steel city, a science institute and a hydroelectric scheme for an India that did not yet exist

A Parsi trader’s son in colonial Bombay, he built cotton mills with conditions far ahead of their time and then spent his last years on three schemes…

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Jan Koum

1976 – present · Ukrainian-American

Grew up without running water in Soviet Ukraine and once relied on food stamps before founding WhatsApp

He emigrated from a village outside Kyiv at sixteen, worked as a school janitor to help support his family, taught himself computer networking from…

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Jesse Boot

1850 – 1931 · British

Took over his widowed mother’s herbalist shop at 13 and built Boots the Chemists

His father died when he was ten, leaving a small herbal shop in a poor part of Nottingham. He cut prices so ordinary people could afford medicine,…

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Jo Malone

1963 – present · British

Left school at 15, built a perfume house from her kitchen, sold it, survived cancer and started again

She left school with no qualifications and began making bath oil for her facial clients in a small London flat. Estée Lauder bought the company in…

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John H. Johnson

1918 – 2005 · American

Pawned his mother's furniture to launch a magazine when no bank would lend to a Black publisher

Born into poverty in segregated Arkansas and raised partly on welfare in Chicago, he borrowed against his mother's furniture to launch Negro Digest…

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John Spedan Lewis

1885 – 1963 · British

Gave his family’s department stores to the people who worked in them

At 21 he worked out that he, his brother and his father took as much from the business as all 300 staff combined, and decided this was wrong. Over…

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José María Arizmendiarrieta

1915 – 1976 · Spanish

A priest in a poor Basque town who started a technical school that grew into a cooperative empire

Sent as a young priest to the impoverished town of Mondragón after the Spanish Civil War, he founded a technical school and then a small cooperative…

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Joseph Rowntree

1836 – 1925 · British

A York grocer who made chocolate, then asked why people were poor in the first place

He joined his brother’s struggling cocoa works at 33, spent thirty years making it pay, and then put most of his wealth into three trusts to study…

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Josiah Wedgwood

1730 – 1795 · British

A potter who lost a leg, never worked the wheel again, and built an industry instead

The thirteenth child of a Staffordshire potter, he was left lame by smallpox and turned from throwing pots to experimenting with clays and glazes,…

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Kalpana Saroj

1961 – present · Indian

Married at 12, widowed and destitute by 16, she later bought and rebuilt a bankrupt steel company

Born into a Dalit family in rural Maharashtra, she survived a child marriage, an attempted suicide and years of poverty in a Mumbai slum before…

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