Top 20 Universities in the world for producing the most millionaires

http://ceoworld.biz/2017/09/26/ranked-top-20-colleges-and-universities-in-the-world-for-producing-millionaires/

1.Harvard University — US
2.Stanford University — US
3.University of Pennsylvania — US
4.Columbia University — US
5.Oxford University – UK
6.MIT — US
7.New York University — US
8.Cambridge University – UK
9.Northwestern University — US
10.University of Chicago — US

11.University of Michigan — US
12.University of Texas, Austin — US
13.Cornell University — US
14.Yale University — US
15.University of California, Berkeley — US
16.Southern California University — US
17.Princeton University — US
18.University of California, Los Angeles — US
19.University of Virginia — US
20.University of London (UCL/LSE) — UK

Not very meaningful unless you know how many of those millionaires came from money to begin with. Donald Trump could have gotten his degree from East Altoona Community College and he’d still be a millionaire today.

Also, for people living in certain area, just the property value increases in the last couple decades can make them millionaires. Most of my classmates from college are millionaires because of that. So this list is totally meaningless when it is covering the whole world.

@Penn95 Why think small lol

https://www.forbes.com/sites/chasewithorn/2016/07/06/the-28-schools-that-mint-the-most-billionaire-alumni/#58d2241a3d60

“16.Southern California University — US”

Huh? I guess that they mean USC.

Michigan State on the Forbes list surprises me. The others are your usual suspects.

I’m not sure being a millionaire is a big deal anymore. Where I live in the Bay Area, anyone who’s paid off their house is probably a millionaire.

It’s only impressive in the center of the country where home pricing is not insane.

Actually, these days high school kids don’t want to go to schools associated with millionaires :slight_smile:

https://www.bostonglobe.com/metro/2017/09/25/time-get-rid-millionaires-mass-town-considers-changing-odd-sports-team-name/oBNRyz6iazTGV85D1rzzKL/story.html

^Well, I don’t blame them … That’s a pretty douchey name.

As to the list - totally meaningless. Likely includes mostly already rich people. Especially if it includes grad students.

“Michigan State on the Forbes list surprises me.”

It would surprise me too if it were listed…

@rjkofnovi um… what’s that little green line between NYU and UCLA? (graduating Eli Broad, Dan Gilbert and Thomas Bailey is never a bad thing for you $$ ranking. Wonder who the last one is?)

Of course, for either of these lists, per capita would be more telling MIT’s 5 Billionaires (or 6th place for millionaires) is a bit more “impressive” (if that’s the word…) than UCLA’s 5 Billionaires or NYU being 7th for Millionaires…

But really, it’s too bad no one does a “World Nicest People Who Give Back to their Community” ranking. Might be a different list…

“Likely includes mostly already rich people. Especially if it includes grad students.”

I assume this is a joke? Most of the grad students I have known are broke, and living in student slums.

I am not sure about the accuracy of this list. For example, Michigan has more than 6 billionaires undergraduate alumni. I can think of 9.

Kenneth Dart (BS, CoE 1976, Chairman of Dart Container Corporation, $6 billion)
Henry Engelhardt (BA, LSA 1980, Founder of Admiral Group, $1.1 billion)
Bill Joy, (BS CoE 1976, Co-founder of Sun Microsystems, current worth $1.5 billion)
Eric Paul Leftofsky (BA, LSA 1991, Groupon co-founder, current worth $2.2 billion)
Doug Meijer (BA LSA, 1976, Co-chairman of Meijer, current worth $6.5 billion)
Hank Meijer (BA LSA, 1973, Co-chairman of Meijer, current worth $6.5 billion)
Larry Page (BS, CoE 1995, Google co-founder, current worth $50 billion)
Stephen M. Ross (BBA, 1962, Real Estate Tycoon, Miami Dolphins owner, $7 billion)
Samuel Zell (BA LSA, 1963, Real Estate tycoon, current worth $5 billion)

I am wondering where they got the information.

As said above if you have paid off your house in some parts of the US then you are a millionaire. Actually they are probably missing UBC and U.Toronto from the list on the basis that if you have paid off your two bedroom condo in Vancouver or Toronto then you are a millionaire. This same factor might explain how UCL got on the list.

A list by number of billionaires might be more meaningful since there are few enough of them that it is actually possible to list them, and to figure out where they each got their degrees. On the other hand, a miniscule chance of becoming a billionaire is not a factor that I would consider in terms of which school I or my daughters should attend.

This generally looks fishy to me.

The link in post #3 was to the Forbes 400 wealthiest persons in America. Only the latter 5 you listed meet the min net worth and are US citizens.

Such lists are near useless for selecting colleges.

“The link in post #3 was to the Forbes 400 wealthiest persons in America. Only the latter 5 you listed meet the min net worth and are US citizens.”

That explains it.

“Such lists are near useless for selecting colleges.”

Completely agree…but it is fun nevertheless, so long as they are taken with a grain of salt and in the spirit intended. CEO, Nobel Laureate, billionaire and Rhodes Scholars production are such outliers that listing universities according to those criteria would be pointless. I would add salary surveys to the list of useless data as well. Obviously, they are fun to look at and consider, but they are ultimately not telling.

Only tangentially related, but this is probably more interesting for folks with kids going to school soon:

How many of your classmates will be from top 1% and the bottom 60%…

https://www.nytimes.com/interactive/2017/01/18/upshot/some-colleges-have-more-students-from-the-top-1-percent-than-the-bottom-60.html?smid=tw-nytimes&smtyp=cur&_r=0

@Much2learn I’m pretty sure that post was talking about “folks that attended/graduated from said University graduate school” ie. not just undergrad, but also Harvard MBA, Penn Law, etc. not actual “still in grad school” people.

@rjkofnovi um… what’s that little green line between NYU and UCLA? (graduating Eli Broad, Dan Gilbert and Thomas Bailey is never a bad thing for you $$ ranking. Wonder who the last one is?)”

Was only looking at the first list. Did not actually see the Forbes listing when I commented. :slight_smile: