Tuesday, September 18, 2007

Forbes Factoid

Of the 400 richest Americans some do not have a college degree. Indeed, four of the top five (Bill Gates, casino owner Sheldon Adelson, Larry Ellison, and Microsoft cofounder Paul Allen) are college dropouts. The average net worth of the non-college graduates is $5.96 billion compared to $3.19 billion for the graduates on the list. One more item, technology is now an important part of the sources of wealth - a few years ago it was real estate but now technology makes up a bit more than 20%.

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