11 universities that produce the most billionaires

 11 universities that produce the most billionaires

In Forbes' list of world billionaires 2021, many people graduated from prestigious American schools such as Harvard, Stanford or Yale.

Harvard University, USA

Harvard topped the list of schools producing the most billionaires with 29 alumni. The total assets of these people reached 209 billion USD. Of these, 17 are active in finance and investment.

Harvard University is a private research university, member of the Ivy League, located in Cambridge, Massachusetts. With its history, influence, and fortune, Harvard is one of the most prestigious schools in the world.

Harvard University, USA. Illustration: Akpure.

Harvard University, USA. Illustration: Akpure.

University of Pennsylvania and Stanford University, USA

The University of Pennsylvania in Philadelphia, Pennsylvania, and Stanford University (or Leland Stanford Junior University) in California are tied for second with 28 people. The total net worth of billionaires at Pennsylvania school is up to $284.8 billion, while at Stanford it's $124.4 billion.

The University of Pennsylvania is also the launching pad for two famous billionaires, former US President Donald Trump and businessman Elon Musk.

Yale University, USA

In fourth place is Yale University, one of the oldest universities in America. The 21 billionaires who graduated here have an estimated net worth of $140.8 billion. In 2018, alumnus Edward Bass donated $160 million to the school to renovate facilities.

University of Mumbai, India

The University of Mumbai is the only educational institution outside the US to be included in Forbes' 2021 list of world billionaires. Of the 20 alumni recognized as billionaires with a total net worth of $162.8 billion, four are rich through inheritance. This is also the school where Asia's richest billionaire Mukesh Ambani attended.

Cornell University, USA

Cornell University is a private research institution that provides special education for undergraduates, graduate students, and researchers in New York. The 18 alumni are billionaires, with a combined net worth of $65.1 billion, making this school sixth on the Forbes list.

Chuck Feeney is a famous alumnus of Cornell University when he gave away his entire fortune of 8 billion USD, of which nearly 1 billion USD was donated to the school.

University of Southern California, USA

A private non-profit university located in Los Angeles, California, the University of Southern California was once the home of 15 billionaires with total assets of $58.5 billion.

Marc Benioff, CEO of software company Salesforce, is the richest alumni of this school with $8.4 billion.

Massachusetts Institute of Technology (MIT), USA

The Massachusetts Institute of Technology once awarded diplomas to 14 billionaires, with a total fortune of $104 billion. Half of them are rich through inheritance. Self-made billionaires include mathematician Jim Simons, who got $24.6 billion from Renaissance Technologies founder and Dropbox co-founder and CEO Drew Houston.

MIT is a private research university located in Cambridge, Massachusetts. The university is renowned for its research and education in the physical sciences, engineering, as well as biology, economics, linguistics, and management.

Columbia University, Princeton University and University of California Berkeley, USA

The three schools have the same number of billionaires with 11 people. The two richest billionaires who were students at Columbia University were the owner of the New England Patriots football team and Rocco Commisso, the founder of the media company Mediacom.

Princeton University has a smaller number of billionaires than the top university, Harvard University, but the net worth of the rich who studied there is at the top of the list. The reason is that Bill Gates and Mark Zuckerberg, the two richest people who ever attended Harvard, dropped out of school midway, so they were not counted. Meanwhile, the two richest people ever attended Princeton, Amazon boss Jeff Bezos and ex-wife MacKenzie Scott, both graduated. Their combined assets are $230 billion, accounting for 80% of the wealth of the Princeton billionaires.

The University of California Berkeley is a leading prestigious public university located in the San Francisco Bay Area, Berkeley, California. The billionaires who studied here have a fortune of 82.6 billion USD. This year, two former students of the school got rich by making good use of opportunities during Covid-19, putting their names on the billionaires list.