<p>The</a> Billionaire Universities - Forbes.com</p>
<p>"Acceptance rates for nearly all of the top billionaire-producing schools are below 30%. The low acceptance rates ensure that incoming classes are exceptionally smart. They're full of people whose résumés already point to great successes ahead."</p>
<p>It's surprising to see that Michigan is not in the list, considering the huge number of its living alumni.</p>
<p>Actiually, that list is incorrect ProudWolverine. I went through the entire list of Billionaires and came up with a far more accurate list. Michigan currently has 15 alumni (9 undergraduate and 6 graduate) Billionaires, the 7th largest representation of Billionaires among universities. Their total net worth is $57 billion, also 7th among US universities. The list of Michigan alum billionaires:</p>
<p>Beyster, Robert ($1.5 billion)
John</a> Robert Beyster - Wikipedia, the free encyclopedia</p>
<p>Bharat, Desai ($1.5 billion)
Bharat</a> Desai - Wikipedia, the free encyclopedia</p>
<p>Davidson, William ($4.5 billion)
William</a> Davidson - Wikipedia, the free encyclopedia</p>
<p>Druckenmiller, Stanley ($3.5 billion)
Stanley</a> Druckenmiller - Wikipedia, the free encyclopedia</p>
<p>Munger, Charles ($2.5 billion)
Charlie</a> Munger - Wikipedia, the free encyclopedia</p>
<p>Page, Larry ($19 billion)
Larry</a> Page - Wikipedia, the free encyclopedia</p>
<p>Perez, Jorge ($1.5 billion)
Jorge</a> Perez, The World's Richest People - Forbes.com</p>
<p>Ross, Stephen ($4.5 billion)
Stephen</a> M. Ross - Wikipedia, the free encyclopedia</p>
<p>Shriram, Kavitark Ram ($2 billion)
Ram</a> Shriram - Wikipedia, the free encyclopedia</p>
<p>Taubman, Alfred ($1.5 billion)
A</a>. Alfred Taubman - Wikipedia, the free encyclopedia</p>
<p>Tisch, Joan ($4 billion)
#77</a> Joan H Tisch - Forbes.com</p>
<p>Wasserstein, Bruce ($3 billion)
Bruce</a> Wasserstein - Wikipedia, the free encyclopedia</p>
<p>Wyly, Samuel ($1 billion)
Sam</a> Wyly - Wikipedia, the free encyclopedia</p>
<p>Zell, Samuel ($6 billion)
Sam</a> Zell - Wikipedia, the free encyclopedia</p>
<p>Zennstrom, Niklas ($2 billion)
Niklas</a> Zennström - Wikipedia, the free encyclopedia</p>
<p>I would be glad to share my findings with you guys if you so wish.</p>
<p>I'm not surprised at all that Michigan isn't listed in Forbes. Forbes only mentions anything to do with the state of Michigan in their most negative lists.</p>
<p>In this case, I just think Forbes' analysis lacked depth. I actually went through the enitre list of Billionaires when the publication came out 3 months ago. Here are my findings (although they are obviously not 100% correct, they are certainly far more accurate than Forbes# findings):</p>
<p>TOP 10 ACCORDING TO UNDERGRADUATE ALUMS:</p>
<h1>1. Harvard University (20 billionaires)</h1>
<h1>1. University of Pennsylvania (20 billionaires)</h1>
<h1>3. Yale University (19 billionaires)</h1>
<h1>4. Princeton University (13 bilionaires)</h1>
<h1>5. Stanford University (12 billionaires)</h1>
<h1>6. University of Texas-Austin (11 billionaires)</h1>
<h1>7. New York University (10 billionaires)</h1>
<h1>7. University of Southern California (10 billionaires)</h1>
<h1>9. Cornell University (9 billionaires)</h1>
<h1>9. University of California-Berkeley (9 billionaires)</h1>
<h1>9. University of California-Los Angeles (9 billionaires)</h1>
<h1>9. University of Michigan-Ann Arbor (9 billionaires)</h1>
<p>TOP 10 ACCORDING TO GRADUATE ALUMS (if an alum received his/her undergraduate degree and graduate degree from the same institution, I did not double count):</p>
<h1>1. Harvard University (47 billionaires)</h1>
<h1>2. Stanford University (27 billionaires)</h1>
<h1>3. Columbia University (12 billionaires)</h1>
<h1>4. University of Chicago (10 billionaires)</h1>
<h1>5. University of Pennsylvania (9 billionaires)</h1>
<h1>6. Massachusetts Institute of Technology (6 billionaires)</h1>
<h1>6. New York University (6 billionaires)</h1>
<h1>6. Northwestern University (6 billionaires)</h1>
<h1>6. University of Michigan-Ann Arbor (6 billionaires)</h1>
<h1>10. University of Virginia (4 billionaires)</h1>
<p>TOP 10 ACCORDING TO TOTAL ALUMS (no double counting for alums who got their undergraduate and graduate degree from the same university):</p>
<h1>1. Harvard University (67 billionaires)</h1>
<h1>2. Stanford University (39 billionaires)</h1>
<h1>3. University of Pennsylvania (29 billionaires)</h1>
<h1>4. Columbia University (20 billionaires)</h1>
<h1>5. Yale University (19 billionaires)</h1>
<h1>6. New York University (16 billionaires)</h1>
<h1>7. University of Michigan-Ann Arbor (15 billionaires)</h1>
<h1>8. Massachusetts Institute of Technology (14 billionaires)</h1>
<h1>8. Princeton University (14 billionaires)</h1>
<h1>10. University of Chicago (13 billionaires)</h1>
<p>TOP 10 ACCORDING TO TOTAL WORTH OF BILLIONAIRE ALUMS:</p>
<h1>1. Harvard University ($277 billion)</h1>
<h1>2. Stanford University ($197 billion)</h1>
<h1>3. Columbia University ($124 billion)</h1>
<h1>4. University of Pennsylvania ($112 billion)</h1>
<h1>5. Yale University ($79 billion)</h1>
<h1>6. Massachusetts Institute of Technology ($70 billion)</h1>
<h1>7. University of Michigan-Ann Arbor ($57 billion)</h1>
<h1>8. University of Texas-Austin ($53 billion)</h1>
<h1>9. University of Chicago ($52 billion)</h1>
<h1>10. Princeton University ($46 billion)</h1>
<p>Billionaires, like Nobel Prize winners and Rhodes Scholars, are so rare, they should not be used as an indication of insitutional excellence. With the exception of perhaps Harvard, Princeton, Stanford and Yale, fewer than 0.001% of alums of any university will become a billionaire.</p>
<p>One important thing to note is the concept of self-made billionaires as opposed to billionaires who inhereted their fortune. Many of the Ivy League billionaires inherited their money. I would not be surprised if Stanford produced more self-made billionaires than Harvard.</p>
<p>one thing to note though is that the forbes study only counts people who actually recieved a degree. Alexandre's list includes people like druckenmiller (dropped out of phd program) and munger (dropped out of undergrad). There might be others but there are some people on the list i'd never heard of before.</p>
<p>Actually umich, 12 of those 15 received their degrees and are actual alums of the University of Michigan. 11 of those 12 alumni are self-made, which is a pretty impressive ratio. </p>
<p>The three that didn't graduate are Munger, Druckenmiller and Taubman.</p>
<p>You can easily check the details in the links I provided above to validate my claims.</p>
<p>By the way, I also included dropouts from all universities in my list above. </p>
<p>Either way, even without those who dropped out, Michigan still ranks among the top 10 in Billionaire production.</p>
<p>The article appears poorly written and also poorly researched based on Alexandre's research. It first states that at least 50 billionaires have received degrees from Harvard. Later, it states that at least 5 billionaires have dropped out of NYU. So do the figures count only billionaires with degrees or does it include every billionaire who attended a university for at least 1 day? It's not really clear.</p>
<p>Who cares? Michigan has 10 billionaires out of millions of people who have gone to school there. How is this measure even important to consider. I really doubt the university played a role in the financial successes of these individuals anyway. A lot of them had connections or were freakishly innovative. Maybe Michigan should be calling these individuals to get them to donate back to the school so it can improve its low endowment per student.</p>
<p>Someone woke up on the wrong side of the bed today.</p>
<p>He's obviously just trying to stir up trouble as usual, ignore him. He clearly gets off on it.</p>
<p>Really nasty statement ring<em>of</em>fire. You seem like a bitter person. That's no way to go through life. I suggest you lay off the Michigan boards for a bit. Your outlook on life might improve.</p>