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.
@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…
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)
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.
“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.
@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.