Published On: Fri, Apr 26th, 2013

Mumbai University has more super rich alumni than Cambridge University

Mumbai University's most famous alumnus Mukesh Ambani. Mumbai University has more rich alumni than Cambridge

  • Harvard tops graduate ‘rich list’ of colleges that will make you a millionaire but University of Virginia has highest number of self-made men

  • Harvard leads Yale, Princeton and Stanford in league table of wealthiest alumni
  • Tops list with alumni including 52 billionaires- twice as many as any other college
  • U.S colleges dominate world university billionaires league table
  • University of Virginia has highest percentage of self-made super-wealthy with 78 per cent

By SARA SMYTH

LONDON: Harvard is first in a ‘rich list’ that revealed the colleges where students are most likely to become multi-millionaires.

The Boston college comes top after producing 2,964 alumni worth $200million or more, and University of Pennsylvania is in second place with 1,502 super-wealthy graduates.

A list of the world’s top 10 wealthiest alumnus features nine U.S. colleges. Harvard counts 52 billionaires amongst its alumni – twice as many as second place University of Pennsylvania.

Notable figures including Jorge Lemann, a Brazilian banker who is currently the 37th richest person in the world studied at Harvard.

Top spot: Harvard produces the most billionaires in the world and has 2,964 alumni worth $200million

Top spot: Harvard produces the most billionaires in the world and has 2,964 alumni worth $200million

Harvard: The Ivy League college has topped all U.S institutions. American colleges are home to the largest wealthy alumni populations, with 85% representation in the ranking

Harvard: The Ivy League college has topped all U.S institutions. American colleges are home to the largest wealthy alumni populations, with 85% representation in the ranking

Harvard is known for its world-class teaching, leafy surroundings, and now, super-wealthy graduates
University of Virginia

University of Virginia (top) topped the U.S public colleges league table. Harvard may be known for its academic standards and leafy campus (below) by 79 per cent University of Virginia’s wealthy graduates were self made

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Wealthy graduates include Jamie Dimon, CEO JPMorgan Chase, who regularly appears in TIME magazine’s 100 most influential people list and has a net worth of $400million.

Harvard’s wealthy alumni, include academy award-winning actress Natalie Portman, who is worth $32million and George W Bush, worth an estimated $35million.

The college’s super-rich graduate include Bill Gates, the chairman of Microsoft who is worth $66billion.

Princeton has produced 508 'super-wealthy' graduates, who have amasses a total of $70billion. Donald Rumsfeld was a former student

Princeton has produced 508 ‘super-wealthy’ graduates, who have amasses a total of $70billion. Donald Rumsfeld was a former student

THE GRADUATES RICH LIST IN FULL

1) Harvard - 2,964 super-rich graduates worth a total $622 billion – alumni include Bill Gates

2) University of Pennsylvania - 1,502, $242b – including Donald Trump

3) Stanford University - 1,174, $171b – including Tiger Woods

4) Columbia University - 889, $116b – including Barack Obama

5) NYU - 828, $110b – including Martin Scorcese

6) University of Chicago - 658, $144b – including Daniel L. Doctoroff, CEO of Bloomberg

7) MIT - 581, $172b – including William Reddington Hewlett, co-founder of Hewlett-Packard

8) Yale - 568, $125b – including Forrest Mars Jr, grandson of founder of confectionery co.

9) Cornell - 528, $60b – including Al Bernardin, founder of the McDonald’s Quarter Pounder

10) Princeton - 508, $70b – including Donald Rumsfeld.

The list was compiled by counting up the number of former students from each college who are believed to be worth at least $200million, taking into account their earnings, properties and other assets.

Top U.S colleges swamped their international rivals in wealth-stakes. On a global scale. Oxbridge universities were the only British institutions to make the cut. 

17 of the top 20 wealth creators are U.S colleges.Despite the reputation of Oxford and Cambridge as bastions of the aristocratic elite, relatively few of their multi-millionaires inherited their wealth.

More than two thirds of Oxbridge alumni worth more than £20million made their fortunes through their own efforts with no help from their families.

The overwhelming majority of ‘ultra-high-net-worth individuals’ from U.S. colleges are male. 

Only 8% of Harvard’s wealthy alumni are women.

For Yale graduates, the situation is even more one-sided – 96 per cent of its super-wealthy alumni are men.

MIT has the lowest female representation at 2%

Donald Trump
Tiger Woods

Brains and Smarts: Donald Trump (top) studied at Wharton Business School, University of Penn, ranked 2nd place. Tiger Woods (below) is one of Stanford’s wealthiest and most famous graduates, with a net worth of $500m

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Facebook CEO Mark Zuckerberg

Harvard’s finest tech heads: Microsoft founder Bill Gates (above) is one of Harvard’s biggest earners with a whopping fortune of $66billion. But Mark Zuckerberg (below) is the one that got away- the Facebook founder is worth $14billion but didn’t finish his studies

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Martin Scorcese
Natalie Portman

Director Martin Scorcese (above) is a proud graduate of NYU which came 4th in the world for producing billionaires. Actress Natalie Portman(below) – a Harvard graduate- is worth $32million

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The University of Virginia is the highest ranked public university, followed by the University of California, Berkeley and the University of Michigan.

American universities are home to the largest wealthy Alumni populations, with 85% representation in the ranking.

Only 3 out of the global top 20 are non-U.S. colleges.

Wealth source analysis shows the University of Virginia has the highest percentage of self-made graduates at 78 per cent.

U.S. DOMINATES WORLD COLLEGES IN BILLIONAIRES LEAGUE TABLE

1) Harvard University - 2,964 alumni worth a total of $622bn

2) University of Pennsylvania - 1,502 alumni worth $242bn

3) Stanford University - 1,174 alumni worth $171bn

4) Columbia University - 889 alumni worth $116bn

5) New York University - 828 alumni worth $110bn

6) University of Chicago - 658 alumni worth $144bn

7) Massachusetts Institute of Technology - 581 alumni worth $172bn

8) Yale University - 568 alumni worth $125bn

9) Cornell University - 528 alumni worth $60bn

10) Princeton University - 508 alumni worth $70bn

11) University of Virginia - 499 alumni worth $31bn

12) Boston University - 291 alumni worth $38bn

13) Northwestern University - 451 alumni worth $36bn

14) University of California, Berkeley - 447 alumni worth $72bn

15) University of Michigan - 410 alumni worth $70bn

16) University of Oxford - 401 alumni worth $51bn

17) University of Southern California - 374 alumni worth $66bn

18) University of Mumbai - 372 alumni worth $37bn

19) University of Cambridge - 361 alumni worth $93bn

20) Brown University - 349 alumni worth $23bn

(Courtesy Daily Mail)

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