These 10 American colleges have minted almost 400 billionaires

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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

Justin Sullivan/Getty Images

Known billionaires: 19

Combined wealth: $ 82.7 billion

(TIE) 8. Yale University

Alex Wong/Getty

Known billionaires: 21

Combined wealth: $ 99.2 billion

(TIE) 8. University of Chicago

REUTERS/Fred Prouser

Known billionaires: 21

Combined wealth: $ 48.7 billion


See the rest of the story at Business Insider
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