Where did the world’s richest billionaires go to school?
- by Spear's Magazine
- May 04, 2024
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Where did the world's richest people go to school? / Image: Shutterstock/Getty
There are currently more billionaires in the world than ever before, with 2,781 individuals making Forbes’s annual World’s Billionaires List, with a combined net worth of $14.2 trillion.
While obtaining a prestigious and traditional education may increase the chances of joining this 10-figure-worth class, it is not the only route to success. Among the world’s top ten richest billionaires, some dropped out of education, some attended public schools, while others went to the world’s leading universities.
Several institutions stand out with record numbers of billionaire alumni, notably Harvard, while schools featured in Spear’s School Index, are renowned for providing exceptional academic, social, cultural, and pastoral tools to pupils from UHNW (ultra-high net worth) families from an early age. Education: Lakeside School, Seattle (US); Harvard College, Cambridge (US)
Bill Gates dropped out of Harvard to found Microsoft / Image: Shutterstock
Co-founder of tech giant Microsoft, Bill Gates started programming and coding very early in life, when he first joined the private Lakeside School in the late ’60s, one of the first educational institutions that had computers on campus. Part of the billionaires that went to school at Harvard, Gates went on to study maths and computer science at Harvard College but dropped out after two years in 1975 to start Microsoft with his childhood friend Paul Allen.
In addition to the tech company, Gates’s current fortune is made up of several holdings including the Canadian National Railway Company and waste disposal firm Republic Services.
Steve Ballmer, $121 billion
Education: International School of Brussels, Brussels (Belgium); Detroit Country Day School, Detroit (US); Harvard University, Cambridge (US); Stanford Graduate School of Business, Stanford (US)
Billionaires Steve Ballmer dropped out of school to join Microsoft / Image: Martin Olsson
Steve Ballmer was CEO of Microsoft from 2000 to 2014. His education started at the International School of Brussels, which he attended for three years before moving to Michigan and joining the private prep school Detroit Country Day School. He then participated in Lawrence Technological University’s summer institute maths classes and got into Harvard University to study maths and economics, where he met Bill Gates.
After graduating, he attended Stanford University’s Graduate School of Business but dropped out after less than a year to join Microsoft at 24.
Today, Ballmer owns the NBA’s Los Angeles Clippers, which Forbes values at $4.65 billion.
Mukesh Ambani, $116 billion
Education: Hill Grange High School, Mumbai (India); St. Xavier’s College, Mumbai (India); Institute of Chemical Technology, Mumbai (India); Stanford University, Stanford (US)
Mukesh Ambani quit school to join the family-owned business / Image: World Economic Forum
Mukesh Ambani is the chairman and managing director of Reliance Industries, a multinational conglomerate founded by his father Dhirubhai Ambani. He attended the private Hill Grange High School in Mumbai and the private Catholic St. Xavier’s College, before graduating in chemical engineering from Mumbai’s Institute of Chemical Technology. Ambani then moved to the US where he enrolled in an MBA at Stanford University. He quit in 1980 to help his father run Reliance.
The family-owned corporation owns businesses in sectors ranging from petrochemicals to telecommunications, making Ambani the richest person in Asia.
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