First of all, Namo, you must be assuming that not having a degree means a whole lot to any of those megamillion earners. I'm thinking that they may be taking the opposite view- instead of feeling inferior without the degree, they may feel that they are superior to the degree holders who earn average salaries.
I mean, please, "I have a billion bucks by doing my thing." Who needs a college degree?
No, Jane, I am NOT saying that I'm saying that for the small number of rich narcissists who might have a teeny nagging feeling of inferiority (which is really what narcissism is), those who feel bad about achieving success in every way except academically, they are particularly vulnerable to that sales pitch.
I think the reason I'm having trouble with your theory is that it's based on the ultimate importance of academic success. In my own life I don't see it as all that important but that's just me. I can't judge everyone that way.
So, perhaps you're right about that small percentage of rich folk who fit that profile.
though it is tempting to think so, there is no definitive correlation between education and a tendency to believe crazy things.
sir isaac newton was an alchemist who was determined to turn lead into gold, set his hair on fire many times doing so. he thought the catholic church was the anti-christ (may have been onto something). joseph priestley, who discovered oxygen, firmly believed in the phlogiston theory. and in modern times, many practicing physicians who had to spend years studying biology believe that the catholic teaching about condoms is true, when it's an obvious man-made falsification (the universe really doesn't care when a mammal puts a piece of plastic on his dick, it really doesn't) that is having dire consequences. so being intelligent or educated is no guard against whacky beliefs, which is why faith is always dangerous.