he has a university degree, as far as I recall.
Having a university degree does not make one "intelligent" any more than copy / pasting google search items on internet forums 20 hours a day does. Or any more than leasing a high end car or buying a shiny piece of jewelry makes one "rich".
I am pretty active in some of my Alma mater's activities such as the alumni association, and I have made donations to my university and what have you. I have known and interacted with many graduates, faculty members, PhD's, MD's, and various other "academic" types.
I can tell you that most engineers are very smart and knowledgeable people with lots of common sense. Most academics in the business schools who have real world experience also tend to be very sharp on those levels that count when it comes to making money - people skills, facts and figures, analytical skills, etc. And oddly enough the criminal justice types who have real world experience in their fields are very smart when it comes to knowing people. And people are the key to everything for just about all of us - somebody has to buy that drug, widget, or software you geeks design in your labs.
I know PhD's who can split atoms but can barely put gas in their cars and find their way home from work. And MD's who can perform complex surgeries but cannot balance a checkbook. I never got past the BS level in college, but I know how to make a buck or 2. And I know guys who never set foot on a college campus (other than to donate money) who make me feel dumb and are among the richest people in the country.