<p>As far as entrepreneurs starting their own businesses no school comes close to MIT. Not every entrepreneur becomes a multi-millionaire but it certainly beats working for a salary. </p>
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<p>The study is based on a 2003 survey of all living MIT alumni, with additional detailed analyses, including recent verification and updating to 2006 of revenue and employment figures.</p>
<p>-MIT alumni have been creating new businesses at the rate of around 1,000 per year for the past 20 years. **That is one new business created for approximately every two students graduating every year. (grad + undergrad). **</p>
<p>-An estimated 6,900 MIT alumni companies with worldwide sales of approximately $164 billion are located in Massachusetts alone and represent 26 percent of the sales of all Massachusetts companies.</p>
<p>-4,100 MIT alumni-founded firms are based in California, and generate an estimated $134 billion in worldwide sales.</p>