Bill Gates, at the age of 20, dropped out of Harvard University to pursue his ambitions with the formation of Microsoft. Clearly, that went quite well for him, even though he was without a prestigious Ivy League degree.

On June 7, however, the world’s richest man will finally have it all when Harvard presents the Microsoft chairman with an honorary degree. Bill Gates is set to receive the degree when he delivers the school's main commencement speech. According to Bloomberg, details of the degree won't be disclosed until the morning before commencement.

"I am very pleased that the Harvard community will have the opportunity to hear from Bill Gates on June 7," said Paul Finnegan, president of the Harvard Alumni Association. "His contributions to the world of business and technology, and the great example he has set through his far-reaching philanthropy, will rightfully put him on center stage in Harvard Yard. I look forward to greeting him in June."

One can’t say that Gates’ experience at Harvard didn’t play a role in the continuing success of Microsoft. While at Harvard, Gates met classmate and future business partner Steven Ballmer, who is now the hyper-enthusiastic CEO of Microsoft.