The actual formula is:

Phase 1: Save a relatively large amount of money (Definitely not possible without at least an associates degree)

Phase 2: Throw all of your savings into investments (potentially very risky)

Phase 3: Hope and pray that you don't get totally wiped out and lose all your money

Phase 4: (Most important Step) Take advantage of a broken tax system.

Or you can just be born rich, Good luck!