Education for the future billionaire

Education for the future billionaire

In March, Forbes released its annual list of the richest people in the world.You may have heard many times that the famous billionaires Bill Gates and Mark Zuckerberg, who are again among the first, never graduated from Harvard.They are often discussed as an example of those people who have reached the height of their careers without a degree.There is a debate about whether it is worth getting a higher education to become successful: some say it is a waste of time, for others it is the key to achieving a goal.To understand this issue, we suggest you take a closer look at Forbes research in this area and see what role education plays for today's billionaires.

Higher Education Among Forbes 400

In October 2017, Forbes conducted a survey of 390 Forbes 400, a list of the richest people in the United States.Participants were asked questions about their higher education and how it was paid.Despite the fact that you can see people on the list who do not have higher education, according to Forbes, about 84% have received a bachelor's degree or higher, while this percentage among ordinary Americans is 33%.

Among the institutions in which future billionaires received degrees, you can find both elite and less prestigious.More than 23% of the participants in the ranking, who are the richest representatives, were educated at Ivy League universities - elite educational institutions.You can see many examples of businessmen who studied in both private and public institutions.For example, Jerry Jones, who owns the Dallas Cowboys football club, is a graduate of the University of Arkansas, and oil tycoon Terrence Pegula was educated at Pennsylvania State University.

Ivy League universities

Ivy League universities have an undeniable advantage over many other educational institutions - not everyone can boast of billionaire graduates...First place among universitieswith the largest number of such graduates is the University of Pennsylvania.The bachelor's degree in economics, which can be obtained from the Wharton School of Business, is widely popular.Among the alumni are Donald Trump and Elon Musk.

Stanford University, close to Silicon Valley, has the second highest number of wealthy graduates.WhatsApp programmer and co-founder Brian Acton and Snapchat co-creator Bobby Murphy studied here.The list of universities also includes Yale University, University of Southern California, Harvard, Columbia, Michigan universities, Dartmouth College, Duke University and Cornell University.

Among the representatives of the annual Forbes rating, you can see both people with higher education and without it.For some, education was a step towards starting their own business and achieving success.It is impossible to talk about the high role of education for all businessmen, but those who graduated from the university in an interesting specialty have reached tremendous heights.

Jeff Bezos

Amazon founder Jeff Bezos is a prime example.The businessman occupies the first line of the rating in 2018, and his financial condition is estimated at $ 112 billion.Bezos graduated from Princeton University with a BA in Electrical Engineering and Computer Science.Initially, the businessman wanted to do physics and space exploration, but came to the conclusion that more progress can be achieved thanks to his love for computers.

After graduation, Bezos worked in his specialty on Wall Street and was engaged in the development of a network for international trade.Over time, he realized that the future was in online commerce and decided to start his own business, which now brings him a huge income.

More about the university:https://studyqa.com/univer/view/84051

Larry Page and Sergey Brin

Google co-founder Larry Page graduated from the University of Michigan with a BA in Computer Science.Page later participated in the Stanford University program atthe field of computer science, where he met his future colleague Sergey Brin, who had already graduated from Stanford at that time.As part of his scientific research, Page developed a new web search strategy, which he implemented in the search engine Brin.Now the fortune of the founders of Google is estimated at 48.8 billion and 47.5 billion dollars.

More about the University of Michigan:https://studyqa.com/univer/view/81511

And aboutStanford University:https://studyqa.com/univer/view/69261

Michael Bloomberg

For Michael Bloomberg, as he himself notes in his book Bloomberg on Bloomberg, a Harvard education was also significant.After completing his studies, Bloomberg had knowledge of management, marketing, finance and human behavior that would be useful to him in his future career.

More about the university:https://studyqa.com/univer/view/80881

By the way, Harvardthe college offers a fullscholarshipfor prospective bachelors.Applicants with household income of less than $ 65,000 per year are eligible to apply.

Larry Ellison

For some billionaires who never graduated, universities played a big role too.Oracle founder Larry Ellison discovered computers while studying at the University of Chicago, which influenced his future passion for programming.

More about the university:https://studyqa.com/univer/view/77621

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2022-01-14 07:20:14
© Oksana Prokopova