Do you think being educated would give you status that merely having money would not?

I think even if I had billions, I would not feel successful unless I had a graduate degree or a phd. I had a classmate at the same level as me 6 years ago that is now a professor at a very very very elite American school and even though I might have more money then him when my business flies, I feel he has status and opportunities I don't have because of his privileged and well earned position in life. He is also fairly good looking and a very good person too, cause I saw how he treated people who had no status or power like children and charities.

Do you think being educated would give you status that merely having money would not?
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