That is not accurate. Have you seen the video of "multi-millionaire entrepreneur" Elon Musk taking delivery of a $1 million dollar McLaren car, before PayPal?
Eh, that was from Zip2 for $22 million, right? That's something but it's not PayPal money. I think he just had "average Stanford student" levels of privilege to do that.
This is warped, average Stanford grad is well off but not supercar level finances.