An analysis of the educational background of the top tier of dollar billionaires shows that they are much more likely than average to have gone to university. And they are more likely to have a postgraduate degree than no degree at all.
It doesnt give much support for the image of self-taught entrepreneurs, relying on their own wit and wisdom rather than higher education.
The number crunching, by insurance company GoCompare, has examined the post-school education of people appearing in the top 100 billionaire rich lists by Forbes magazine over the past 20 years.
It shows that 76 percent of these billionaires have a degree. This breaks down to 47 percent having a bachelors degree, 23 percent a masters degree and a doctorate.
The most popular subjects were courses related to economics and engineering. There were many more studying sciences than arts or humanities.
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