According to Wealth-X's projections, the Ivy League school has an estimated 13,650 alumni who are worth more than $30 million, more than double the number of super rich alumni from Stanford University and the University of Pennsylvania, which came in second and third place on Wealth-X's rankings respectively. Collectively, these wealthy people are worth an incredible $1.780 trillion! Net worth: $1.8 billion Degree: B.S. University of Pennsylvania: 18 graduates. The university Benjamin Franklin helped found nearly two centuries ago has conferred more undergraduate degrees to the Forbes 400 than another other school. California has the highest number of universities out of any state on the list, with four universities in the top 20. Correction: An earlier version of this articlereferred to Dartmouth College as Dartmouth University. Gray says the liberal arts education he pursuedhe graduated in 1992 with undergraduate degrees in English and financetaught him both analytical and communication skills, preparing him well for a career in business. Ndamukong Suh of the Detroit Lions signed a five-year, $68 million dollar deal with $40 million of it guaranteed before even stepping on an NFL field. Stanford, USC and Duke also boast a large number of billionaire alumni, as does the University of Michiganthe only public school to crack the top ten. By clicking Sign up, you agree to receive marketing emails from Insider 11 Colleges With the Most Billionaire Alumni | GOBankingRates Get Make It newsletters delivered to your inbox, Learn more about the world of CNBC Make It, 2023 CNBC LLC. +49 6501 945440. Website. Number of Ultra High Net Worth Individuals: 2,785Wealth: $990 billionMassachusetts Institute of Technology (MIT) comes in at #6 on our list of universities with the wealthiest alumni. Other famous alumni include Supreme Court justice Ruth Bader. Students pass by the Boston University John Hancock Student Village on the school's campus in Boston, Massachusetts, U.S. Michael Horn: How to tell if your degree is worth the money, Top 10 cities where 250k has the greatest, Salary Americans say they need to be happy. Number one might come as a surprise, though: Its not Harvard, or even Yale, but the University of Pennsylvania. Stephen Ross, the owner of NFLs Miami Dolphins, is also an alumnus of the school and holds a degree in business administration. The school now ties Yale for second place, with 11 alumni apiece. He went on to become the co-founder of the famous American toy brand Wham-O. Rhineland-Palatinate (Mainz): Dancing schools and places to learn dancing! Page delivered the schools commencement address in 2009 and received an honorary doctorate degree. In addition to the myriad heads of state and members of royalty which have chosen NYU as their alma mater, the university has graduated 37 Nobel Laureates, eight Turing Award winners, 30 Pulitzer Prize winners, 30 Academy Award winners, and hundreds of members of U.S. Congress. In 2019, the elder Hughes was revealed to have been the source of nearly $400 million in anonymous donations to the university reportedly between 2010 and 2015. The richest USC alumnus is Marc Benioff, CEO of cloud giant Salesforce, worth $8.4 billionthough his net worth is edged out by the combined $10.5 billion fortune of the Public Storage family: B. Wayne Hughes, who cofounded the company in 1972, and his children Tamara Gustavon and B. Wayne Hughes, Jr. You may opt-out by, Jumping Rocks Universal Images Group/Getty Images. Wealth-X estimates that 84% of University of Chicago alumni who are worth more than $30 million made their fortunes on their own and 12% were considered self made while also benefiting from substantial inheritance. Charles and David Koch vastly expanded Koch Industries, the oil and coal conglomerate they inherited from their father Fred Koch. Twenty-five percent earn more than $95,000 six . Altogether, 70 members of The Forbes 400or about 18% of the listearned their undergraduate degrees at an Ivy League college. Harvard professor reads a newspaper before the commencement exercises at Harvard University in Cambridge, Massachusetts. Its the alma mater of the richest person in America: Elon Musk, who graduated in 1997 with physics and economics degrees. His son, Donald Trump Jr., and daughters, Ivanka and Tiffany Trump, also attended Penn. In the United Kingdom, Cambridge, Oxford, and the London School of Economics and Political Science (LSE) have over 6,500 UHNW alumni combined. Plus youngest brother Winifred Johnson-Marquart dropped out of the school. Wealth-X reported the actual number of UNHW individuals known to hold a degree from each institution and then calculated a projected estimate to predict the number of alumni with the total global UHNW population. Number of Ultra High Net Worth Individuals: 5,575Wealth: $1.780 trillionUniversity of Pennsylvania, or Penn as its commonly known, counts 5,575 Ultra High Net Worth individuals among its alumni. # of Billionaire Alumni: 11. Reviews (28) In fact,. He was able to meet other motivated students and make lasting connectionsincluding meeting his wife, Mindy Gray, in his senior year romantic poetry class. Total Net Worth of Billionaire Alumni: $40.9 billion. Often cited as the best university in the world, Harvard was established in 1636 and is Americas oldest institution of higher education. quicklist: 7category: 581 ultra high net worth individualstitle: Massachusetts Institute of Technology; Private media: 18540424text: The wealthiest alumni among MIT's Beavers -- engineers in nature and the school's mascot -- are worth a collective $172 billion. How He Did It: Investments, CEO of Berkshire Hathaway. These 11 colleges have produced the most billionaire alumni 1. Degree: B.A./B.S in Marketing and Logistics. (More than 400 people appeared on The Forbes 400 because of fortunes shared between multiple people, like brothers Hank and Doug Meijer.). $1,702,657.00. More than half of Penns billionaire alumni received their undergraduate degrees from the famed Wharton School. , we looked at how many billionaires a school has produced (measured by the undergraduate alma maters of the nations 400 wealthiest individuals). The founder and CEO of Citadel, Ken Griffin, ranks high on the list at No. Brady makes more in base salary than any other NFL player, and has endorsement deals with Under Armour, Stetson, and Smart Water. 10 on the 2021 list. Cornells richest alumni are David Duffield, cofounder of PeopleSoft and Workday, and Robert F. Smith, founder of Vista Equity Partners. Pick the right college, and you might just set yourself on the path to wealth. As part of Forbes' annual, outcomes-based ranking of the top 660 colleges in America, we looked at how many billionaires a school has produced (measured by the undergraduate alma maters of the. Also high on the list is Stephen Ross, a real estate developer who has become the single most prolific donor to the university. Service 5.0. Other distinguished alumni of Columbia University in the City of New York include five U.S. The University of Pennsylvania comes in first if only bachelor's degrees are counted, according to the most recent 2022 Forbes report. Historically, the University of Michigan has had the upper hand in athletic successes netting 351 titles overall. Each year, research firm Wealth-X identifies the colleges and universities with the highest number of "ultra high net worth" (UHNW) alumni, defined as those with a net worth of greater than $30 million. 21. 9. But, a small handful of schools have been more successful than others at producing billionaires. College Values Online | 2023All Rights Reserved. Its also the alma mater of his ex-wife MacKenzie Scott, who graduated with a degree in English. Notable alumni include: Google co-founder and No. Either way, the school has built up a strong reputation and is teaching students the right stuff considering where some of these alumni have ended up. 10). Princeton boasts four alumni in the top 40 of The Forbes 400, the most of any school. In this article, we will discuss a breakdown of the schools the richest people in the world attended. Nearly 5,600 individuals with a combined wealth of $2.9 trillion call Stanford their alma mater. The University of Virginia (UVA) came in second on Wealth-X's measure of super rich self made alumni. Located uptown from Wall Street, Columbia is the alma mater of 11 billionaires, more than half whose wealth originates from the finance and investments sector. You may opt-out by, Some universities are known for strong liberal arts programs, others might be top engineering schools. Harvard University Location: Cambridge, Massachusetts. Today the school boasts a multi-billion-dollar endowment generated from donations and investments that is used in part to finance the school's 40 academic departments and support more than 6,500 students. Known worldwide for its rigorous academics and innovative research, MIT consistently ranks as one of the best universities worldwide. The University of Chicago has 2,405 UHNW alumni, with 84% of their UHNW alumni deemed to be "self-made." This ties U-Chicago with the University of Virginia for the highest percentage . A man waves a U.S. flag with a dollar bill tied to it as he graduates from Harvard's Business School. Other billionaire Penn alumni include Laurene Powell Jobs, the widow of Steve Jobs, and casino magnate Steve Wynn. A breeding ground for startups, Stanford is the alma mater of more newly minted billionaires this year than any other school. NYUs richest graduate is Israel Englander, the founder of hedge fund firm Millennial Management. A different Golden State school, University of Southern California, holds the fourth spot. Some universities are known for strong liberal arts programs, others might be top engineering schools. 1. The future of the 1%: These are the 20 US colleges that produce the In a 2019 report, Wealth-X detailed the 20 American colleges with the most ultra-high-net-worth (UHNW) alumni grads worth more than $30 million. Ivy Leagues, private universities, and California schools comprise much of the list. Of course, earning potential doesn't just boil down to where one attends college it can also be related to major and the field or industry of work that leads to, among other factors. Univ. He is in the middle of a contract that will end up paying him a total of $41 million. (Although, not all of them graduated.). There are many types of college endowments, which are a collection of tax-exempt gifts and investments used to further an institution's mission. But schools most famous grad these days is Donald Trump, who transferred to Penn after two years at Fordham University in the Bronx. Mukesh Ambani, Elon Musk and Mackenzie Scott, Tristar Media/Getty Images, Prodip Guha/Getty Images, Danny_Moloshok/REUTERS/Newscom. Six Ivy League universities made the top 20, while private universities dominated the list overall. Consider Bill Gates, who dropped out of Harvard, and Richard Branson, who never attended college at all. Rival school Yale can thank Harvard for one of its most prominent alumni. 1. Cleanliness 5.0. Five other Ivy League universities make the top 11. RESIDENCE Birmingham, AL. Unusually here they include shops, a bar and school room. Harvard slipped from the top spot last year, but it didnt fall far. The universitys two new billionaires this year are Lance Gokongwei, the CEO of Filipino conglomerate JG Summit, and venture capitalist Gary Lauder, whose fortune stems from cosmetics empire Este Lauder, which his grandmother founded. More than 2,400 ultra high net worth individuals have graduated from this elite private research university, and their collective wealth totals more than $700 billion. The university is just as famous for its dropouts as its graduates though, which include Facebook chief Mark Zuckerberg and the worlds richest man, Bill Gates. as well as other partner offers and accept our, Estimated combined wealth of all UHNW graduates. University of Southern California: 11 graduates. See below for the top 20 universities in the US known for producing UHNW individuals, ranked by the number of total UHNW graduates. Harvard and Yale tie for the second-highest number of alumni on The Forbes 400, with 14 apiece. Universities With Richest Alumni | Work + Money Chelios may have the greatest net worth of all of them since he is also a successful business owner. Los Angeles Clippers owner Steve Ballmers $68.7 billion fortune stems from his time at the helm of Microsoft, while Brazilian investment banker Jorge Paulo Lemann owes his $16.9 billion net worth to smart dealmaking in the food and beverage industryhis firms portfolio includes stakes in Anheuser-Busch InBev and Kraft Heinz. 2. The Future of the 1%: 20 US Colleges That Produce the - MoneyWise [2], Includes only those alumni who received undergraduate degrees, Includes only U.S. residents worth more than $100 million, List of universities by number of billionaire alumni, Global top 10 universities by number of billionaire alumni per Wealth-X 2018, Global top 20 universities by number of ultra high net worth alumni (>$30 million) per Wealth-X 2019, Global top 20 universities by number of ultra high net worth alumni (>$30 million) per Altrata 2022, Global top 20 universities by number of billionaire undergraduate alumni per Wealth-X 2014, Global top 11 universities by number of undergraduate billionaire alumni per Forbes 2021, Top 12 US universities by number of undergraduate alumni on 2021 Forbes 400 list, Top 11 US universities by number of undergraduate alumni on 2022 Forbes 400 list, Top 8 US universities by share of centimillionaires (>$100 million) per Henley & Partners, London School of Economics and Political Science, List of countries by number of billionaires, "Billionaire Alma Maters: The 11 Most Popular Colleges Among America's Richest", "University Ultra High Net Worth Alumni Rankings 2019", "University Alumni Rankings of the Wealthy and Influential 2022", "Harvard Alumni Account for 5% of the World's Ultra-High-Net-Worth Population", "The 20 colleges and universities with the most ultra-wealthy alumni", "Top 20 universities for producing billionaires | Times Higher Education (THE)", "Top 10 most popular universities for billionaires", "Universities With Most Billionaire Undergraduate Alumni", "The 28 universities that have produced the most European billionaires", "Bloomberg Billionaires Index - Prince Hans-Adam II", "These 11 Colleges Have Produced The Most Billionaire Alumni", "More Than One-Fourth Of America's 400 Richest Went To One Of These 12 Colleges", "The 8 colleges producing the greatest number of multimillionaires", "The 28 Schools That Mint The Most Billionaire Alumni", https://en.wikipedia.org/w/index.php?title=List_of_universities_by_number_of_billionaire_alumni&oldid=1168872266, This page was last edited on 5 August 2023, at 16:21. Exceptions include the next richest Mumbai alumnus, Uday Kotak, who founded and runs one of Indias largest banks in the private sector. How He Did It: Heir to the Cargill agriculture empire. Rhineland-Palatinate (Mainz): Dance school, dance studio and dance classes In all, we found Forbes 400 alumni at more than 150 universities worldwide. See our directory of regions within the region of Rhineland-Palatinate and select one of our regions to get a fully featured list. The lone public school in the top 10, the University of Michigans alumni include the sixth richest American, Google cofounder Larry Page. (All the Big 10 schools, save Iowa have endowments of at least $1 billion. Massachusetts Institute of Technology. Harvard University 29 BILLIONAIRES LOCATION: CAMBRIDGE, MASSACHUSETTS. Chart: Which Universities Have the Richest Graduates? - Visual Capitalist One of Americas richest families has deep ties to Cornell: siblings H. Fisk and S. Curtis Johnson and Helen Johnson-Leipold, heirs to the SC Johnson fortune, are all alumni. Here are the 11 colleges with the most billionaire undergraduate alumni, based on education data collected by Forbes; net worths are as of March 5, 2021. ), We sought out the richest living graduate from each of the Big Ten schools to see who can claim the ultimate bragging rights. The University of Ultra High Net Worth Alumni Rankings 2019. Estimated ultra-high-net-worth population:1,640, Estimated combined wealth of all UHNW graduates: $277 billion, Estimated ultra-high-net-worth population:1,650, Estimated combined wealth of all UHNW graduates: $246 billion, Estimated ultra-high-net-worth population:1,700, Estimated combined wealth of all UHNW graduates: $309 billion, Estimated ultra-high-net-worth population:1,945, Estimated combined wealth of all UHNW graduates: $375 billion, Estimated ultra-high-net-worth population:1,970, Estimated combined wealth of all UHNW graduates: $691 billion, Estimated ultra-high-net-worth population:2,085, Estimated combined wealth of all UHNW graduates: $179 billion, Estimated ultra-high-net-worth population:2,180, Estimated combined wealth of all UHNW graduates: $1.1 trillion, Estimated ultra-high-net-worth population:2,195, Estimated combined wealth of all UHNW graduates: $463 billion, Estimated ultra-high-net-worth population:2,245, Estimated combined wealth of all UHNW graduates: $483 billion, Estimated ultra-high-net-worth population:2,385, Estimated combined wealth of all UHNW graduates: $760 billion. 343, after falling off the list last year. Here are the 11 colleges with the most billionaire undergraduate alumni, based on education data collected by Forbes; net worths are as of March 5, 2021. $0.00. Cornell's list of prominent alumni include Bill Nye, the host of "Bill Nye the Science Guy," which aired between 1993 to 1998. The verdict? Also on the list are Daniel and Dirk Ziff, brothers who inherited their familys publishing fortune. Navigating the site was difficult as several signs are broken and the map is not to any apparent scale. Billionaire and former New York City Mayor Michael Bloomberg . These ultra-wealthy alumni come back as high-profile commencement speakers, they sit on boards of trusteesand many donate tens, or even hundreds, of millions to their alma maters. Editors note, April 14, 2021: This article has been updated. This says $980 million LINK. Like Springer and Xu, most of Berkeleys billionaires amassed their fortunes from technology and biotech, including Silicon Valley bankroller Masayoshi Son, who is worth $45.4 billion, and Intel cofounder Gordon Moore, worth $12.1 billion. One of the largest universities in the world by enrollment, Mumbai University is the only non-U.S. institution to crack the top ten. He also installed a satellite dish on the roof of his dorm to get real-time stock quotes. Gallery: Varsity Billionaires: These. List of universities by number of billionaire alumni - Wikipedia New York University . These 11 Colleges Have Produced The Most Billionaire Alumni - Forbes Harvard Yard served as stomping grounds for the highest number of billionaire graduates of any school. These are the five richest alumni from the Booth School of Business. Black studied philosophy; Rees-Jones, history. The 20 Most Notable USC Alumni in the Business World - Money Inc Live demonstrations during our visit included a Blacksmith and sheep shearing. 1 there (3,897) and followed by Penn, Stanford, Columbia and Northwestern. Harvard boasts one of the nations youngest billionaires, 32-year-old Airbnb cofounder Nathan Blecharczyk, who got a computer science degree at the school. Number one might come as a surprise: Its not Harvard, or even Yale, but the University of [+] Pennsylvania. Since then, he gifted another $200 million in 2013 and $50 million more in 2017. Established in 1861, MIT has played a vital role in countless scientific developments of the last two centuries. USC is consistently ranked among the best universities in the world by such publications as U.S. News & World Report, Academic Ranking of World Universities, and Times. a former Harvard admissions dean later wrote him to say it was a mistake not admitting him. Colleges with some of the wealthiest alumni in the U.S. - CNBC I took a lot of finance courses at Wharton, Donald Trump has said about his education. Speyer, whose real estate firm Tishman Speyer owns the Manhattan landmarks Rockefeller Center and the Chrysler Building, graduated from Columbia in 1962 with a degree in German language. The 10 Best College Alumni Networks College Magazine This concludes our ranking of the universities with the wealthiest alumni. What school has the richest alumni? - EducateCafe.com Updated. Stevens holds a minority stake in Californias Golden State Warriors NBA team. Harvard, for example, has four dropouts on The Forbes 400, the most of any universityincluding, famously, Bill Gates and Mark Zuckerberg. His real fortune came from owning multiple successful businesses. College sports are all about bragging rights. 34 and No. Number of Ultra High Net Worth Individuals: 3,925Wealth: $1.501 trillionAs the state of New Yorks oldest institution of higher education, and the 5th oldest in the United States, it really shouldnt come as too much of a surprise that Columbia University has graduated the fourth highest number of UHNW individuals. Others never attended college, including Dole Foods CEO David Murdock, who left high school in the 9th grade and worked at a gas station before being drafted into World War II. Harvard University produces the richest grads in the country (to no one's surprise), as well as the most billionaire alumni. Hundreds did not attend college at all, or left before obtaining a diploma, including a pair of Harvard dropouts who are among the five richest people in the world: Bill Gates and Mark Zuckerberg. And one never even finished high school: Todd Christopher, founder and CEO of haircare products company Vogue International. of South Carolina. The 20 richest colleges in America 2021 | Statista
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