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These 10 American colleges have minted almost 400 billionaires

(24 Views) May 19, 2017 4:15 pm | Published by | No comment
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Fifty living billionaires, including Nike founder Phil Knight, hold a degree from Stanford.

Currently, only 2,397 people in the world hold billionaire status, according to Wealth-X, a firm that does research and valuations on ultra-high net worth (UHNW) individuals.

While the path to mega-riches certainly isn’t the same for all, nearly 400 of those billionaires — 398, to be exact — hold a degree from one of 10 top American colleges, according to the latest report from Wealth-X.

In its tally, Wealth-X counted alumni with both undergraduate and graduate degrees, counting alumni of multiple institutions more than once, but left out those with diplomas, certificates, honorary degrees, and drop outs.

According to the report, 131 living billionaires are Harvard University alumni, commanding a total fortune of more than $ 528 billion. And that doesn’t include Harvard drop outs Mark Zuckerberg and Bill Gates, two of the richest men in the world.

The next highest-billionaire producing school is Stanford University, with 50 known billionaire alumni.

Below, check out the 10 US colleges that have minted the most billionaires, and how much wealth they command.

10. University of California, Berkeley

Known billionaires: 19

Combined wealth: $ 82.7 billion

(TIE) 8. Yale University

Known billionaires: 21

Combined wealth: $ 99.2 billion

(TIE) 8. University of Chicago

Known billionaires: 21

Combined wealth: $ 48.7 billion

7. University of Southern California

Known billionaires: 22

Combined wealth: $ 51.3 billion

6. Cornell University

Known billionaires: 23

Combined wealth: $ 57 billion

5. Massachusetts Institute of Technology (MIT)

Known billionaires: 26

Combined wealth: $ 157.9 billion

4. Columbia University

Known billionaires: 38

Combined wealth: $ 218 billion

3. University of Pennsylvania

Known billionaires: 47

Combined wealth: $ 246.5 billion

2. Stanford University

Known billionaires: 50

Combined wealth: $ 338.9 billion

1. Harvard University

Known billionaires: 131

Combined wealth: $ 528.7 billion

The post These 10 American colleges have minted almost 400 billionaires appeared first on Business Insider.

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