06/04/2026
Singer Rihanna nearly went bankrupt after overspending and sued her financial advisor.
The advisor responded: âWas it really necessary to tell her that if you spend money on things, you will end up with the things and not the money?â
You can laugh, and please do. But the answer is, yes, people do need to be told that. When most people say they want to be a millionaire, what they might actually mean is âIâd like to spend a million dollars.â And that is literally the opposite of being a millionaire....
Now let me tell you a story about the Bill Gates get-rich-story.
Luck and risk are siblings. They are both the reality that every outcome in life is guided by forces other than individual effort.
NYU professor Scott Galloway has a related idea that is so important to remember when judging successâboth your own and othersâ: âNothing is as good or as bad as it seems.â
Gates is staggeringly smart, even more hardworking, and as a teenager had a vision for computers that even most seasoned computer executives couldnât grasp. He also had a one in a million head start by going to school at Lakeside.
Well, now let me tell you about Gatesâ friend Kent Evans. He experienced an equally powerful dose of luckâs close sibling, risk.
Bill Gates and Paul Allen became household names thanks to Microsoftâs success. But back at Lakeside there was a third member of this gang of high-school computer prodigies.
Kent Evans and Bill Gates became best friends in eighth grade. Evans was, by Gatesâ own account, the best student in the class.
The two talked âon the phone ridiculous amounts,â Gates recalls in the documentary Inside Billâs Brain. âI still know Kentâs phone number,â he
says. â525-7851.â
Evans was as skilled with computers as Gates and Allen. Lakeside once struggled to manually put together the schoolâs class scheduleâa maze of complexity to get hundreds of students the classes they need at times that donât conflict with other courses. The school tasked Bill and Kentâchildren, by any measureâto build a computer program to solve the problem. It worked.
And unlike Paul Allen, Kent shared Billâs business mind and endless
ambition. âKent always had the big briefcase, like a lawyerâs briefcase,â Gates recalls. âWe were always scheming about what weâd be doing five or six years in the future. Should we go be CEOs? What kind of impact could you have? Should we go be generals? Should we go be ambassadors?â
Whatever it was, Bill and Kent knew theyâd do it together.
After reminiscing on his friendship with Kent, Gates trails off.
âWe would have kept working together. Iâm sure we would have gone to college together.â Kent could have been a founding partner of Microsoft with Gates and Allen.
But it would never happen. Kent died in a mountaineering accident before he graduated high school.
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©Morgan House âïž