Do certain high schools produce more billionaires?

I was having a discussion with my friends about whether the high school one attends plays a role in becoming super successful later in life. I was just curious, does anyone know if there are certain institutions that are known for producing more billionaires? If so, what are some factors about these schools that might contribute to this outcome?

It's undeniable that certain prestigious high schools (especially private ones with a long history) are linked to a number of billionaires and remarkably successful alumni. This might be due to a variety of factors, and it's not as simple as "attendance equals success."

Firstly, many of these high schools already attract an elite socio-economic demographic, and parents of students often have strong industry connections which can benefit the students later in life. It's not so much about the education provided at the school (although that can be top-quality as well) but the access to opportunities and connections that these environments provide.

Secondly, the prestige of the school can signal to universities and employers that the student was subject to rigorous academic standards and intense competition, which can lead them to favor these students over others. This prestige can open doors to top universities and ultimately top jobs.

Lastly, the strong alumni networks that these schools often have can also be hugely beneficial. Alumni are more likely to provide internships, jobs, and other opportunities to those who came from their same school.

Famous examples include Phillips Exeter Academy, Andover, Harrow, and Eton, among others. However, it's important to remember correlation does not equal causation, attending these institutions doesn't guarantee a ticket to riches. The qualities and characteristics that billionaires typically exhibit, such as a willingness to take risks, entrepreneurial initiative, and strong work ethic, are not things that can simply be learned or assigned through a high school education. These successes are more often than not driven by personal motivation and circumstance rather than where one attended high school.