These 10 American colleges have minted almost 400 billionaires

caption
Fifty living billionaires, including Nike founder Phil Knight, hold a degree from Stanford.
source
jejim/Shutterstock

Currently, only 2,397 people in the world hold billionaire status, according to Wealth-X, a firm that does research and valuations on ultra-high net worth (UHNW) individuals.

While the path to mega-riches certainly isn’t the same for all, nearly 400 of those billionaires – 398, to be exact – hold a degree from one of 10 top American colleges, according to the latest report from Wealth-X.

In its tally, Wealth-X counted alumni with both undergraduate and graduate degrees, counting alumni of multiple institutions more than once, but left out those with diplomas, certificates, honorary degrees, and drop outs.

According to the report, 131 living billionaires are Harvard University alumni, commanding a total fortune of more than $528 billion. And that doesn’t include Harvard drop outs Mark Zuckerberg and Bill Gates, two of the richest men in the world.

The next highest-billionaire producing school is Stanford University, with 50 known billionaire alumni.

Below, check out the 10 US colleges that have minted the most billionaires, and how much wealth they command.


10. University of California, Berkeley

caption
Eric Schmidt, executive chairman of Google, class of 1982.
source
Justin Sullivan/Getty Images

Known billionaires: 19

Combined wealth: $82.7 billion


(TIE) 8. Yale University

caption
Stephen Schwarzman, chairman and CEO of the Blackstone Group, class of 1969.
source
Alex Wong/Getty

Known billionaires: 21

Combined wealth: $99.2 billion


(TIE) 8. University of Chicago

caption
David Rubenstein, cofounder and co-CEO of Carlyle Group, class of 1973.
source
REUTERS/Fred Prouser

Known billionaires: 21

Combined wealth: $48.7 billion


7. University of Southern California

caption
George Lucas, founder of Lucasfilm and creator of the Star Wars franchise, class of 1967.
source
Gerardo Mora/Getty

Known billionaires: 22

Combined wealth: $51.3 billion


6. Cornell University

caption
Hedge fund manager David Einhorn, founder of Greenlight Capital, class of 1991.
source
Reuters

Known billionaires: 23

Combined wealth: $57 billion


5. Massachusetts Institute of Technology (MIT)

caption
David Koch, executive vice president of Koch Industries, class of 1962 and 1963.
source
Reuters/Brendan McDermid

Known billionaires: 26

Combined wealth: $157.9 billion


4. Columbia University

caption
Warren Buffett, investor, philanthropist, and chairman of Berkshire Hathaway, class of 1951.
source
Steve Pope/Getty Images

Known billionaires: 38

Combined wealth: $218 billion


3. University of Pennsylvania

caption
Elon Musk, cofounder of PayPal and founder and CEO of Tesla and SpaceX, class of 1997.
source
REUTERS/Beck Diefenbach

Known billionaires: 47

Combined wealth: $246.5 billion


2. Stanford University

Known billionaires: 50

Combined wealth: $338.9 billion


1. Harvard University

Known billionaires: 131

Combined wealth: $528.7 billion