In a recent interview at Italian Tech Week, Bezos explained that while it is "possible" to succeed as an entrepreneur without a degree, such instances are rare, Fortune reported.
"That would always be my advice: I finished college, and I enjoyed college," Bezos said. "I think it’s been helpful to me."
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Amazon founder Jeff Bezos arrives at the Vanity Fair Oscar Party on March 12, 2023, in Beverly Hills, California. Photo by AP |
Zuckerberg founded Facebook in 2004 from his Harvard University dorm room, later dropping out to focus on the company. Gates also left Harvard in 1975 to co-found Microsoft with Paul Allen. Both were just 19 years old when they launched their respective companies. Today, Zuckerberg is the third-wealthiest person globally with a net worth of $244.3 billion, while Gates ranks 17th with $106 billion, according to Forbes.
Bezos, the fourth-richest with a $234 billion net worth, graduated from Princeton University in 1986 with an engineering degree. He did not launch Amazon until 1994, at age 30, after gaining nearly a decade of work experience.
Bezos said his "extra 10 years of experience actually improved the odds that Amazon would succeed." Today, Amazon boasts a $2.33 trillion market cap. Advising young people, Bezos suggested working at a successful company first to increase the chances of future success.
"I always advise to young people: Go work at a best-practices company somewhere where you can learn a lot of basic fundamental things [like] how to hire really well, how to interview, etc.," he said.
"There’s a lot of stuff you would learn in a great company that will help you, and then there’s still lots of time to start a company after you have absorbed it."
Even Gates, who dropped out of Harvard, opposed the idea when his youngest daughter, Phoebe Gates, considered quitting college to start a business, according to Business Insider.
"They were very much like, 'You need to finish your degree; you don't just get to like drop out and do a company.’" Phoebe shared. "Which is so funny because my dad literally did that, and that's, like, the reason I'm able to go to Stanford or have my tuition paid."