Stephen Schwarzman, cofounder of private equity giant Blackstone Group, said his first choice was Harvard -- but his application was rejected. Stern gave another $50 million in July 2021 to fund undergraduate scholarships. George Lucas, the creator of Star Wars and Indiana Jones, studied at the universitys School of Cinematic Arts. Echternachweg 8, 54329 Konz, Rhineland-Palatinate Germany. Other Penn alumni include investor and widow of Apple cofounder Steve Jobs, Laurene Powell Jobswho returned to Penn in 2021 to deliver a commencement addressand its most famous alumnus, Donald Trump, who earned an undergraduate business degree in 1968 (which hes been known to flaunt) after transferring from Fordham University. We will take it a step further by showing you the schools in the United States with the wealthiest alumni. The university Benjamin Franklin helped found nearly two centuries ago has conferred more undergraduate degrees to the Forbes 400 than another other school. Hopefully, you will learn how schools help in molding the character of excellence. Famed for its Wharton School, the Philadelphia institution has 17 grads on the Forbes list, up from 14 a year ago. Cornell's list of prominent alumni include Bill Nye, the host of "Bill Nye the Science Guy," which aired between 1993 to 1998. He also installed a satellite dish on the roof of his dorm to get real-time stock quotes. A 1972 Harvard MBA, Stephen Schwarzman, co-founder and CEO of The Blackstone Group, one of the world's . Nearly 3,000 ultra high net worth individuals have graduated from MIT, and their collective wealth totals $990 billion. 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. Everyone wants to be able to say, "My school is better than your school.". Fast facts: Graduates of Niche's top-ranked public university report median earnings of $63,400 six years after leaving the school. Editors note, April 14, 2021: This article has been updated. The only two Ivy League schools not to crack the top 20 are Brown University and Dartmouth College. 29 BILLIONAIRES LOCATION: CAMBRIDGE, MASSACHUSETTS TOTAL NET WORTH: $207 BILLION Harvard University Getty Images Harvard Yard served as stomping grounds for the highest number of billionaire. Nearly 5,600 individuals with a combined wealth of $2.9 trillion call Stanford their alma mater. Other billionaire Penn alumni include Laurene Powell Jobs, the widow of Steve Jobs, and casino magnate Steve Wynn. Former Google CEO Eric Schmidt and investor Carl Icahn rank No. The richest universities in North America are mostly Ivy League and the United States . Altogether, 70 members of The Forbes 400or about 18% of the listearned their undergraduate degrees at an Ivy League college. New York University . With an endowment of $39,427,896,000, Harvard tops the list of the wealthiest universities in North America. In all, six of the eight Ivies (the exceptions being Princeton and Brown) are among the ten leading billionaire alma maters. Peter Peterson - $1.7 Billion. 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. 6. Richest Athlete: Magic Johnson is worth an astonishing $500 million dollars, mostly due to his company Magic Johnson Industries, which owns many movie theaters and restaurants. 4. 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. Top Colleges with the Wealthiest Alumni - College Values Online Stanford ranked second only to the Massachusetts Institute of Technology on Forbes 2022 Americas Top Colleges ranking, which considers the number of alumni on The Forbes 400 as part of its methodology. You may opt-out by, Meet The Iranian Immigrant Who Became A Covid MedTech Billionaire, Billionaire Alma Maters: The 11 Most Popular Colleges Among Americas Richest, Meet The Four Billionaires Behind H-E-B Supermarkets, Texas Largest Private Employer, If You Want To Make The Forbes 400 List, Go Into These 2 Industries, Billionaire Streakers: These 17 People Made The First Forbes 400 In 1982And Are On The List Today, Inside One Billionaires Plan To Bring Solar Power To Every Homeowner, The 2022 Forbes 400 Self-Made Score: From Silver Spooners To Bootstrappers. We show dancing schools and dancing studios as well as other places where you can learn dancing in Rhineland-Palatinate. A different Golden State school, University of Southern California, holds the fourth spot. Another California school, the University of Southern California, has asserted itself as billionaire factory as well. At the top of the list is Harvard, which has more alumni on The Forbes 400 than any other university with 15. 1. Penn is well known for its rigorous academics and, in particular, its excellent professional and graduate schools including the Perelman School of Medicine and the Wharton School of Business. Stephen Ross, the owner of NFLs Miami Dolphins, is also an alumnus of the school and holds a degree in business administration. Rhineland-Palatinate (Mainz): Dance school, dance studio and dance classes The second richest person in America, Jeff Bezos, studied electrical engineering and computer science at Princeton. Investors William Conway and Steven Mandel; Hyatt Hotel family fortune heir Anthony Pritzker; and co-CEO of private equity firm TPG Jim Coulter are also among Dartmouths ultra-wealthy alumni. www.collegevaluesonline.com is an advertising-supported site. LINK. Garry Drummond. Robert Kraft, CEO of the Kraft Group and owner of the New England Patriots, is Columbias richest alumnus, worth an estimated $10.6 billion. High-priced private schools arent the only path to making The Forbes 400, though. # of Billionaire Alumni: 11. Subscribe to CNBC Make It on YouTube! The school raised the likes of Blackstone CEO Stephen Schwarzman and FedEx founder Fred Smith. New York University has three dropouts, including Twitter and Block cofounder Jack Dorsey. Brady makes more in base salary than any other NFL player, and has endorsement deals with Under Armour, Stetson, and Smart Water. 5. Snapchat founders Evan Spiegel (who, at age 26, remains the youngest American billionaire) and Bobby Murphy met at the schools Kappa Sigma frat house. Just missing the cut are South Koreas Seoul National University and Chinas Tsinghua University. No institution has more undergraduate alumni on Forbes latest ranking of the wealthiest Americans than the University of Pennsylvania. Michigans business school bears his name, following a $100 million donation in 2004. A few top public universities also boast numerous billionaire alumni. The U.S. is home to some of the richest colleges and people in the world. But among the billionaires who completed their undergraduate education, a few schools stand out. Which school has the most billionaire alumni? Degrees: Both a bachelor's degree and a master's degree from Minnesota. Net worth: $1.8 billion Degree: B.S. Auburn Univ. Ukrainian-born Len Blavatnik, who earned his MBA from Harvard in 1989, has an estimated net worth of $32 billion which puts him 46th on the Forbes rich list and the wealthiest person in the United Kingdom thanks to a conglomerate he founded. Cornells richest alumni are David Duffield, cofounder of PeopleSoft and Workday, and Robert F. Smith, founder of Vista Equity Partners. A good Samaritan helped him obtain a $1,200 loan to buy a local diner; he flipped it for a profit and began amassing a multi-billion dollar fortune. The 20 American universities that produce the richest grads - CNBC Harvard was, by far, billionaires' most popular graduate school (twenty eight Forbes 400 members have graduate degrees from the university five more than second-place Stanford). Although he received his masters, he dropped out in 1998 to launch Google with Stanford classmate Sergey Brin. A $150 million donation from the family etched their name into Cornells business school, cementing their legacy at the university. California is home to the highest number of schools on Wealth-X's ranking including Stanford, University of Southern California, UC Berkeley and UCLA. One of the largest universities in the world by enrollment, Mumbai University is the only non-U.S. institution to crack the top ten. This is a BETA experience. 343, after falling off the list last year. 9 with 11 billionaire undergraduate alumni. List: 8 US Colleges That Produce Most Millionaires - Business Insider Service 5.0. This is a BETA experience. How He Did It: Founded Menard's hardware stores. In 1966, Star Wars creator George Lucas graduated from the school with a degree in cinematic arts. Many schools tout strong research credentials or a heavy emphasis on liberal arts. 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. The Sterling Memorial Library on the Yale University campus in New Haven, Connecticut. Richest Athlete: The richest athlete to ever don a Cornhuskers uniform is the reigning NFL Defensive Rookie of the Year. Value 5.0. there are many "numbers" one could look at to gauge the reputation and prestige of a certain university. Stevens holds a minority stake in Californias Golden State Warriors NBA team. a former Harvard admissions dean later wrote him to say it was a mistake not admitting him. He's in the third year of a $39 million contract, and has received a guaranteed $17 million already. I'm an explainers and trends reporter for Forbes. Richest Athlete: Former Major League left hander Denny Neagle earned $53.3 million during his career, and that is more than any other Golden Gopher in history. Some universities are known for strong liberal arts programs, others might be top engineering schools. Number of Ultra High Net Worth Individuals: 2,725Wealth: $389 billionNorthwestern University, located in Evanston, Illinois, is a highly selective private research university. 12. Many were dropouts, like Oracle cofounder Larry Ellison and computer whiz Michael Dell. The University of Virginia (UVA) came in second on Wealth-X's measure of super rich self made alumni. The 2022 Forbes 400 List Of Richest Americans: Facts And Figures, Trump Rejoins The Forbes 400 A Year After Falling Off The List. Harvard, meanwhile, has the second most members of The Forbes 400 among its alumni, down from first last year. Self-made billionaires include mathematician Jim Simons, whose $24.6 billion fortune comes from founding hedge fund Renaissance Technologies, as well Dropbox cofounder and CEO Drew Houston. Black studied philosophy; Rees-Jones, history. Degree: B.A./B.S in Marketing and Logistics. In September 2019, Wealth-X released its report on the universities churning out the highest numbers of UHNW individuals. As part of Forbes annual, outcomes-based, ranking of the top 660 colleges in America. Since then, he gifted another $200 million in 2013 and $50 million more in 2017. Collectively, these wealthy people are worth an incredible $1.780 trillion! 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. These alumni land at top firms and organizations, including Bloomberg, Deloitte, the National . For Americas colleges, educating a future Forbes 400 member seems to be good business. Even though Harvard tops the list of the most super-rich alumni, the University of Chicago stands out as having the highest percentage of "self made" alumni with net worths above $30 million, as opposed to those who have reached this status through inheritance. Richest Athlete: There was essentially a three way tie at the top for the Badgers alum. Chelios may have the greatest net worth of all of them since he is also a successful business owner. Three alums dropped out of the ranks: Cameron and Tyler Winklevoss, who alleged that Mark Zuckerberg got his idea for Facebook from their ConnectU, fell off the list amid the crypto winter, while Fidelitys longtime head Edward Ned Johnson III died at 91 in March. Massachusetts Institute of Technology (MIT): 670 UHNW alumni. We add to that list the number of Ultra High Net Worth (UHNW) alumni that is, the number of alumni worth at least $30 billion. LANDHAUS REVERCHON - Prices & Lodging Reviews (Konz, Germany) - Tripadvisor The verdict? The school produced many tech billionaires on the 400, including Brian Acton and Bobby Murphy. The fourth-biggest billionaire producer is Stanford, the west coast school that educated 13 Forbes 400 members. 34 and No. Wealthiest People in the World and the Schools They . Cornells lone newcomer to the list this year is Robert Langer, a famed scientist who got rich thanks to a 3% stake in biotech firm Moderna. Often cited as the best university in the world, Harvard was established in 1636 and is Americas oldest institution of higher education. 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. 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. Even though Harvard tops the list of the most super-rich alumni, the University of Chicago stands out as having the highest percentage of "self made" alumni, with net worths above $30 million, as opposed to those who have reached this status through inheritance. The University of Michigan has six, including Google cofounder Larry Page, while nearby Michigan State has four, including Quicken Loans and Cleveland Cavaliers owner Dan Gilbert. Cornell can largely thank SC Johnson for its spot as a top Forbes 400 alma mater. 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. Stanford, last years third-most popular school for Forbes 400 listees, dropped to fifth this year, as alumni Jerry Yang, the Yahoo founder who spent a quarter century on the Forbes list, Robinhood cofounder Baiju Bhatt and famed Facebook venture capitalist Jim Breyer all fell off this years ranking. Other famous alumni include Supreme Court justice Ruth Bader. New England Patriots owner Robert Kraft and real estate billionaire Jerry Speyer are some of the notable alumni of the school with a ten-figure fortune. The University of Pennsylvania comes in first if only bachelor's degrees are counted, according to the most recent 2022 Forbes report. The report analyzed the Wealth-X database to look at the relationship between education and wealth levels across universities worldwide. Harvard biology professor Timothy Springer, like Cornell alumnus Robert Langer, got rich thanks to his stake in vaccine maker Moderna. NET WORTH $600 Million. Just for fun, we also included the richest athlete to wear the schools colors too. 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. Wealth-X first collects a sample of ultra-wealthy individuals known to have a diploma, including both undergraduate and graduate degrees, from colleges and universities around the world, and tallies their total wealth as a group. These 11 colleges have produced the most billionaire alumni Both liberal arts and finance allowed me to meet all these incredible people and really created the springboard for the rest of my life, Gray says. In fact,. See below for the top 20 universities in the US known for producing UHNW individuals, ranked by the number of total UHNW graduates. Exceptions include the next richest Mumbai alumnus, Uday Kotak, who founded and runs one of Indias largest banks in the private sector. All but three of the 20 schools are in the U.S.. Cambridge, Oxford and INSEAD were the only institutions outside of the U.S. to produce enough super-rich alumni to make the list. Rhineland-Palatinate (Mainz): Dancing schools and places to learn dancing! These are the five richest alumni from the Booth School of Business. Murdock was homeless and penniless when he returned, sometimes sleeping under a bush in a Detroit park. Zooming out, private universities dominate most of this list of richest graduates. UPenn graduates include President Donald Trump (his son Donald Trump Jr. and daughters Ivanka and Tiffany also attended UPenn); plus hedge fund billionaire Steve Cohen, Tesla and SpaceX chief Elon Musk and casino magnate Steve Wynn. in Accountancy How He Did It: Real Estate * * * * * Richest Athlete: The richest Fighting Illini alum is New Jersey Nets point guard Deron Williams.. This private research university which also includes degree-granting campuses in Shanghai and Abu Dhabi boasts among its many distinguished alumni nearly 3,400 UHNW individuals with a collective wealth totaling $712 billion. Harvard Yard served as stomping grounds for the highest number of billionaire graduates of any school. The lone non-U.S. school? Located in Californias Silicon Valley, Stanford University is an elite private school known for its rigorous academics and overall excellence. Chart: Which Universities Have the Richest Graduates? - Visual Capitalist Trump returns to The Forbes 400 this year, at No. Indeed, Stanford is almost always included on lists of the best universities in the world. All but four of its billionaire alumni inherited their fortune, including Asias richest billionaire Mukesh Ambani, who runs Reliance Industries, a conglomerate with interests in oil and gas, petrochemicals and telecommunications. Gallery: Varsity Billionaires: These. And according to research firm Wealth-X, Harvard also has the highest number of super rich alumni. Of the top 10 universities, nine are located in the United States. University of Southern California: 11 graduates. The 30 most successful Harvard Business School graduates of all time. He went on to become the co-founder of the famous American toy brand Wham-O. 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. In all, we found Forbes 400 alumni at more than 150 universities worldwide. His many endorsement deals put him slightly over NASCAR driver and fellow Purdue grad Ryan Newman. The West Coast university makes the list thanks to its proximity to Silicon Valley. A good Open Air Museum which buildings moved from their original sites and restored. Maybe the American Dream is still alive. Berkley serves as chairman of NYUs Board of Trustees. Other Harvard grads include Los Angeles Clippers owner and former Microsoft CEO Steve Ballmer, and David Rockefeller, the last-surviving grandson of oil tycoon John D. Rockefeller. Other billionaires from Duke include the candy-heir Marijke Mars and David Rubenstein, cofounder of the private equity firm Carlyle Group. Like this story? Page received an engineering degree from the university in 1995 then began a computer science Ph.D. program at Stanford. Colleges With The Most millionaire Alumni 2023 The 10 Colleges With the Richest Alumni in the World - Business Insider The moguls and heirs on the Forbes 400 have studied everywhere from the University of Oklahoma to Oregon State University but the Ivy League, predictably, dominates. . Bezos and Scott are worth a combined $230 billionmeaning they make up 80% of Princetons total billionaire alumni wealth. Each year, 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. A Division of NBC Universal. Plus youngest brother Winifred Johnson-Marquart dropped out of the school. 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. Roscheider Hof (Konz) - All You Need to Know BEFORE You Go - Tripadvisor The lone newcomer billionaire is James Scapa, CEO of engineering software provider Altair, which he took public in 2017 after 22 years in business. Get the inside scoop on todays biggest stories in business, from Wall Street to Silicon Valley delivered daily. Location: New York. He went to Yale instead (though he did end up getting an MBA from Harvard Business School afterwards). Consider Bill Gates, who dropped out of Harvard, and Richard Branson, who never attended college at all. Of its 29 billionaires, 17 amassed their fortunes in the finance and investment industry, including the colleges three newcomers to the Worlds Billionaires list: Bitcoin twins Cameron and Tyler Winklevoss, and former Goldman Sachs CEO Lloyd Blankfein. 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. Six Ivy League universities made the top 20, while private universities dominated the list overall. Others include D1 Capital Partners founder Daniel Sundheim and C&S Wholesale Grocers executive chairman Rick Cohen. Navigating the site was difficult as several signs are broken and the map is not to any apparent scale.
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