10 Rags to Riches Billionaires

By siliconindia   |   Monday, 24 October 2011, 16:54 IST
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Ralph Lauren, United States Net worth: $5 billion
Ralph Lauren
Son of Russian immigrants was born and raised in the Bronx where he shared a bedroom with two of his brothers. By age 12, worked after school to help pay for his fancy taste in clothes. At one time worked in department stores. Eventually dropped out of City College to launch Polo Fashions with a $50,000 loan. Took group public a decade ago.