15 Entrepreneurs Who Built Empires Out of Scratch


10. Jerry Yang and David Filo

Vision: The ultimate web portal

Achievement: Yahoo!

Built for personal use by the two Stanford University alumni, Yahoo is now one of the most popular search engines around. When they came up with the idea of developing the product they were merely college pass outs and had barely any experience to build the tech empire that Yahoo is today, although slashed with a tumbling management and controversies in recent times.

 11. Sam Walton

Vision: A store for everything

Achievement: Wal-Mart

The mastermind of Wal-Mart, Sam was stead fast on creating a revolution in the retail industry. He believed in ultimate customer service and brought in the radical cost cutting philosophy after opening the first store in 1962. He was the first to hire a computer whiz to overhaul the company’s logistics and inventory systems, leading to unprecedented efficiency that enabled Wal-Mart to out compete virtually every department store in existence, as reported by TIME.