Owen Glenn can now tick the "Dr" box on forms, should he so wish, after receiving an honorary doctorate from the University of Auckland - despite never attaining any formal qualifications.
In a ceremony yesterday, Mr Glenn and Hugh Fletcher were both given honorary Doctor of Laws degrees for their contributions to New Zealand and the university.
In 2002, Mr Glenn gave $7.5 million to the University of Auckland Business School - believed to be the largest private donation in New Zealand educational history - and in 2008, it named a new building after him.
After receiving the honorary degree yesterday, Mr Glenn joked: "That was the only way I could get into the university - you build a business school, they give you a doctorate.
"But I think it's more than that, I don't want to treat it lightly. It's a great honour. But apart from running for Prime Minister, there's not much left, is there?"