Bill Gates dropped out of college. The college was Harvard, of course, but nonetheless, he didn’t finish.
Mainly he got ahead through intelligence, hard work, salesmanship and luck. He got the operating system from another company for about $10,000, because the owner of the company (and possibly even Bill Gates himself) didn’t know the potential profits that could be made from it. The reason his DOS operating system became the standard was that after IBM signed the contract with him, IBM published the plans for its first personal computer in a magazine. In other words, they gave the plans for their personal computer away for free, so that other companies would clone it, and IBM’s system would become the standard. This meant that DOS became standard too, and because of the type of license Gates had the computer makers sign, other software companies couldn’t compete. Years later, that type of contract was ruled by the courts to be monopolistic, but they didn’t punish Microsoft, and had them change the contracts instead.
It’s been shown that most rich Americans did not get their money from their parents. They made it at a boring business that they work very hard at. Most of them were mediocre students, but they believe that education helped them get where they are.
Besides this, most Americans are not entrepreneurs. They just have jobs. If they are better educated and work well, they usually get better jobs. Kids who go to the inner city schools of Chicago, Detroit or Los Angeles usually come out at 18 reading at the level of a 12-year-old or even an 8-year-old, and they know only very basic math. They don’t get good jobs. Inner city parents who do whatever they have to, so that they can send their kids to Catholic schools in the city, or else go get an apartment in a city with better schools, benefit their kids. The ones who move to my neighborhood usually come out of high school with the equivalent of half a university education. They get good jobs. Education is the key to it.