If you asked this question 5-10 years ago, I will answer yes, higher education is very imporant for success in life.
Now, more important than formal education is experience, ability, recognition of real opportunities etc.
For example, even with only primary school and basic knowledge in English, and Internet connection, anybody could buy some bitcoin 10 years ago and become very rich today
I don't say that higher education is not important but is less important than before.