Billionaires To Graduates: All-Time Best Advice From Their Commencement Speeches

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Billionaires To Graduates: All-Time Best Advice From Their Commencement Speeches
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recounted to University of Michigan graduates how his father's death reminded him of what is important in life."[A]lways remember that the moments we have with friends and family, the chances we have to do things that might make a big difference in the world, or even to make a small difference to someone you love — all those wonderful chances that life gives us, life also takes away," he said."It can happen fast, and a whole lot sooner than you think.

Oftentimes risk-taking goes hand-in-hand with failure but it can also lead to the greatest success stories. Jobs took a risk when he dropped out of college to create Apple. Jeff Bezos did it when he left a secure job in finance during the twilight days of the Internet to go invent an online bookstore, now known as Amazon. Michael Bloomberg did it when he got fired from a job in finance and so pursued a job in information technology without having any IT background.

Sumner Redstone, speaking to Northwestern University students in 2002 echoed the sentiment:"If you never venture beyond what you know... You've spawned your own limitations. You've erected the walls of your own private prison cell.” Another common thread among billionaire commencement speakers was the need to give back to humanity. Leonard Lauder, chairman emeritus of cosmetics giant The Estée Lauder Companies, urged students at Connecticut College in 1989 to give back to people they had never met or known when they can afford to. Melinda and Bill Gates urged students to be optimists and to"go change the world in ways that will make millions of others optimistic as well.

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