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What Degree Did Most Billionaires Study?

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Last updated on 6 min read
Financial Disclaimer: This article is for informational purposes only and does not constitute financial, tax, or legal advice. Consult a qualified financial advisor or tax professional for advice specific to your situation.

As of 2026, the most common degree among billionaires is Engineering, followed closely by Business and Economics, based on analyses of Forbes billionaire lists and educational backgrounds.

What college did most billionaires go to?

Harvard University is the most common undergraduate college for billionaires, followed by Stanford, University of Pennsylvania, and MIT, according to a 2025 analysis of the world’s 100 wealthiest individuals.

These schools dominate because they offer unmatched networking opportunities and access to venture capital. That said, top-tier education isn’t a magic bullet—many billionaires, like Mark Zuckerberg, left before graduating. Success often depends more on execution than on a fancy diploma.

What do most billionaires major in?

Engineering is the most common major among billionaires, followed by business, economics, and computer science, based on 2025 data from Wealth-X and other wealth-tracking organizations.

Engineering opens doors to high-paying tech and finance jobs, while business and economics teach skills that directly apply to investing and scaling companies. Bill Gates and Steve Jobs skipped their degrees and still made it big—so formal education isn’t always the deciding factor.

What to study if you want to be a billionaire?

Focus on high-earning and scalable fields like engineering, computer science, or business, as these are the most common undergraduate majors among self-made billionaires.

STEM degrees (Science, Technology, Engineering, Math) are goldmines because they lead to lucrative careers in AI, biotech, and fintech. But don’t rule out entrepreneurship—starting your own company is another fast track. If you’re torn, double-majoring in a technical field and business could give you the best of both worlds.

What jobs can make you rich?

High-income jobs that often lead to wealth include investment banking, technology entrepreneurship, and specialized medicine, such as orthodontics or dermatology.

Investment bankers and tech founders can rake in millions through bonuses, equity, or selling their companies. Doctors in high-demand specialties also build wealth steadily. If you want serious money, aim for roles that offer equity, profit-sharing, or the chance to launch your own business.

Can an MBA make you rich?

An MBA alone is unlikely to make you rich, but it can significantly increase your earning potential and career opportunities, especially in finance, consulting, or entrepreneurship.

Top programs like Harvard or Stanford can land you jobs at elite firms or startups, but wealth usually comes from leveraging those opportunities—like founding a startup or making smart investments. Before shelling out six figures for tuition, ask yourself: Will this degree actually help me build wealth, or is the real value in the network?

Do all Harvard graduates get rich?

No, but Harvard graduates have the highest median earnings of any U.S. college, with the top 10% earning over $250,000 annually by age 32, according to 2023 data from the Harvard Office of Institutional Research.

Harvard’s brand and alumni network give grads a serious edge in competitive fields. Still, success isn’t guaranteed—many Harvard grads choose lower-paying careers in public service or the arts. Wealth depends on how you use your degree, not just where you earned it.

What college has the richest students?

Trinity College in Hartford, CT, has the highest median family income at $257,100, followed by Middlebury College ($244,300) and Colby College ($236,100), according to 2024 data from the U.S. Department of Education.

These schools attract wealthy students partly because of their prestige, but family wealth plays a huge role. Attending one of these colleges might help with networking, but it’s not a shortcut to financial success. Many students come from affluent backgrounds, which already sets them up for advantage.

SchoolLocationMedian Family Income
Trinity CollegeHartford, CT$257,100
Middlebury CollegeMiddlebury, VT$244,300
Colby CollegeWaterville, ME$236,100
Georgetown UniversityWashington, D.C.$229,100

How can a person become rich?

Most people build wealth through a combination of high income, disciplined saving, and smart investing, according to financial advisors and wealth-building guides.

Start by boosting your income—whether through a high-paying job, side hustles, or starting a business. Save aggressively (aim for at least 20% of your income) and invest in low-cost index funds, real estate, or your own company. Avoid lifestyle inflation by living below your means and reinvesting profits. Wealth builds slowly over decades, not overnight.

How can I be a millionaire?

To become a millionaire, focus on saving aggressively, investing consistently, and avoiding debt, especially as of 2026 when inflation and market returns vary widely.

Save 20-30% of your income and invest in diversified assets like stocks, ETFs, or real estate. Compound interest works wonders—even modest investments can grow to seven figures over time. For example, investing $1,000 a month at a 7% return could turn into over $1 million in 30 years. Steer clear of high-interest debt; it’s a wealth killer.

How can I become a billionaire in 5 years?

Becoming a billionaire in 5 years is extremely rare and typically requires founding a high-growth tech company, inheriting wealth, or making risky investments with a stroke of luck.

Most self-made billionaires took decades to build their fortunes. If you’re chasing this dream, aim for high-risk, high-reward opportunities like launching an AI startup or trading in volatile markets. The odds are brutal—99.9% of people won’t pull this off in half a decade. For most, wealth is a marathon, not a sprint.

What jobs make $1 million a year?

Jobs that can earn $1 million or more annually include hedge fund managers, top-tier surgeons, elite athletes, and successful tech entrepreneurs, based on 2026 salary data.

Hedge fund managers and private equity partners pull in eight-figure incomes through bonuses and carried interest. Elite surgeons and pro athletes also hit the $1M+ mark, though pay varies wildly. Tech founders and executives at high-growth startups can earn millions through equity or exits. These roles are brutally competitive—expect to put in years of grind.

Which jobs will disappear by 2030?

Jobs most at risk of automation or decline by 2030 include travel agents, cashiers, fast food cooks, and routine legal and administrative roles, according to a 2025 report from McKinsey & Company.

Self-checkout kiosks and mobile ordering are killing cashier and fast food jobs. AI is taking over legal document review and basic accounting. Jobs requiring creativity, emotional intelligence, or hands-on skills (like nursing or skilled trades) are safer. To stay relevant, focus on roles that demand adaptability and continuous learning.

What jobs are dying out?

Declining jobs include travel agents, bookkeepers, middle managers, and traditional broadcast journalists, as of 2026, based on trends from the Bureau of Labor Statistics.

Online booking platforms have crushed travel agents, while accounting software like QuickBooks is replacing bookkeepers. Middle management roles are shrinking due to automation and flatter company structures. Broadcast journalists are struggling as digital media takes over. If you’re in one of these fields, pivot to growing areas like data analysis or digital marketing.

Does Bill Gates have an MBA?

No, Bill Gates does not have an MBA—he dropped out of Harvard in 1975 to co-found Microsoft with Paul Allen.

Gates is the poster child for self-made success without a degree. His co-founder, Steve Ballmer, also left Harvard to join Microsoft. An MBA can open doors, but Gates’ story proves that entrepreneurial drive and technical skills can outweigh formal education. If you’re weighing an MBA, ask: Will this degree actually help me build wealth, or is experience the better teacher?

What jobs make 1m a year?

  • Professional athlete. National average salary: $81,107 per year. ...
  • Investment banker. National average salary: $62,222 per year. ...
  • Entrepreneur. National average salary: $68,904 per year. ...
  • Lawyer. ...
  • Certified public accountant. ...
  • Insurance agent. ...
  • Engineer. ...
  • Real estate agent.
Edited and fact-checked by the FixAnswer editorial team.
Ahmed Ali

Ahmed is a finance and business writer covering personal finance, investing, entrepreneurship, and career development.