12/28/05

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While we are the subject of the new found wealth of the technies, it is worth noting that Fortune (or was it Forbes) reported a list of the wealthiest Americans under forty. One notes that Gates is not on the list, he is too old ( 42/43). These young guys are worth somewhere in the upwards of 1 to 2 billions. Three of them graduated from Stanford ( including Jerry Yang), seven from the IVY schools, one from UCLA, one from Berkeley. Of the forty, 12 of them did not finish college. Michael Dell of Dell Computer just had one year of college at UT Austin.

So what does it say about college education, remembering Gates, the wealthiest man on earth, did not finish either?

The conclusion one must arrive at is: it takes a stroke of genius to make it to the billions. While college education helps, but it does not teach that, nor does it prepare one for it. However, it requires a college education to make a decent living. The purpose of education is NOT to earn a decent living, it happens to be a by-product.

For those technies whose net worth is in the range of millions, it is just a matter of working at it, and managing it. It is apparently an achievable dream. This happens in real life, not just in movies. Just ask those at Microsoft and Intel.

Larry Wan has this joke about engineers recently uploaded on the Lighter page. It rings a certain truth.

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