Another Billionaire “Dropout” Story

Elizabeth Holmes is a dropout and she’s a billionaire at 30. Her company’s technology will be in every Walgreen’s store in the nation.

Another “pulling yourself up by your bootstraps” story of someone who worked rilly rilly hard to get ahead.

She was born in a hovel in a coal-mining town. Yes, the headline begs you to infer how unimportant a college education is, or ignores any advantages gained by having old-money-rich or talented parents. Class makes the difference in 92%  of these cases.

So I lied. She went to Stanford on the money her parents saved up for her to go to college. I promise you that 92% of Americans could not save enough money to send their children to Stanford. (Let’s stick with 92% becuz it is my favorite number to illustrate a statistic on the high end that I don’t want to look up.)

If she was really all that smart, she would have had a full-ride academic scholarship to Stanford.

Bill Gates famously dropped out of college to found Microsoft. People forget to note that he dropped out of Harvard and that his father was a fabulously rich attorney who was the creme de la creme of Seattle society.

George W. Bush, George H. W. Bush, John F. Kennedy, Donald Trump, and hundreds more of our opinion-makers and idols are the children of the rich. Born on third base and thinking they hit a homer, far too many of these entitled pompous “leaders” lack empathy and compassion for their fellow human beings.

“Mark Zuckerberg is the son of dentist Edward Zuckerberg and psychiatrist Karen Kempner.

“At Ardsley High School, Zuckerberg excelled in classics. He transferred to Phillips Exeter Academy in his junior year, where he won prizes in science (math, astronomy and physics) and classical studies.”

Nothing helps a kid succeed in life more than a rich parent.

http://money.cnn.com/2014/10/16/technology/theranos-elizabeth-holmes/?hpt=ob_articleallcontentsidebar&iid=obnetwork

http://en.wikipedia.org/wiki/Mark_Zuckerberg

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