Heading off to college to become a billionaire? Then you might be wondering how many billionaires have college degrees and what they studied.
While we don’t have an exact number of billionaires with college degrees, we can point out which of the most famous went to college and what they studied.
💡 The Frank Takeaways:
- Many of the world’s billionaires get both a bachelor’s and MBA before achieving their success.
- The common major is engineering or business administration.
- Becoming a billionaire takes hard work and dedication.
Keep in mind, that becoming a billionaire doesn’t only have to do with going to college. It takes hard work, innovative ideas, and the determination to get your ideas in front of others.
Now, let’s take a look at some of the most famous billionaires and what they studied.
Powerhouse investment tycoon and ex-Mayor of New York City, Bloomberg, began his climb to success at Johns Hopkins University and Harvard Business School.
He has a Bachelor of Science in Electrical Engineering and a Master of Business Administration. These degrees were the foundation for his long list of business successes, including a stint with the infamous investment company Solomon Brothers and launching many of his own businesses.
Born in the pacific northwest, Phil Knight is famous for launching Nike. But before he started the company, previously titled Blue Ribbon Sports, he spent time hard at work in school.
Knight’s father, a lawyer-turned-newspaper publisher, instilled a hard work ethic and independence into his son. After spending time in the newspaper industry, he went off to the University of Oregon and Stanford University to continue his education in business.
Now, Nike is worth $34.8 billion and is one of the most famous trademarks in the world.
Charles and David Koch
The two brothers famously launched Koch Industries, now worth over $31 billion. But before they started their successful manufacturing company, they both studied chemical engineering at the Massachusetts Institute of Technology.
In addition to running one of the largest privately-held companies globally, they’ve had stints in politics running for vice president and contributing large donations to various candidates and advocacy groups.
You know him as the mastermind behind Amazon, but before he launched the company, he studied electrical engineering at Princeton University. The summa cum laude graduate went on to work for financial companies including Fitel and Banker’s Trust, rising to become the youngest Vice President of D.E. Shaw in 1990.
He left all that behind to join the world of e-commerce and launched an online bookstore in 1995. The Amazon we know now is about so much more than books and is worth over $1 trillion in market capitalization.
There are few women billionaires in the world, but Meg Whitman is one that’s left a mark. She is best known for her work with eBay, where sales increased from $5.7 million to $8 billion under her leadership.
From there, she held the position of CEO at Hewlett-Packard and now sits on the board of Dropbox and Procter & Gamble.
But before all these incredible accomplishments, she graduated from Princeton University with a Bachelor of Art/Science and Harvard Business School with an MBA.
Another famous female billionaire, Sharyl Sandberg, sits in the Chief Operating Officer position at Facebook (aka Meta Platforms) and is a celebrated business author. She’s estimated to be worth over $1.8 billion, but that didn’t come without a lot of work.
The COO graduated summa cum laude and Phi Beta Kappa from Harvard College with a Bachelor of Arts in economics, achieving the John H. Williams Prize for a top graduating student in economics in the process. She then enrolled at Harvard Business School, where she earned her MBA with the highest distinction. Before landing at Facebook, she worked at the famed McKinsey & Company and even served as United States Secretary of Treasury under President Bill Clinton.
Her final step? Working for Google’s advertising and publishing products before being scooped up as COO.
As you can see, many of the billionaires you’ve come to know went to college and, in most cases, even went on to continue their education. If your goal is to become one of the world’s top billionaires, make sure you have higher education in mind!