Top 20 Colleges That Produce the Wealthiest People

Top 20 Colleges That Produce the Wealthiest People No college degree can guarantee you wealth, but a handful of schools have a proven track record of minting rich people, from billionaire founders and CEOs to investors to politicians. Wealth-X, a firm that does research and valuations on ultra-high net worth (UHNW) individuals, has revealed where the world’s wealthiest people â€" those with assets exceeding $30 million â€" went to college. 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. Considering some of the world’s richest self-made billionaires dropped out of Harvard, Stanford, University of Chicago, and other schools on this list, the numbers of UHNW alumni could be even higher had they graduated. Of the top 20 colleges in the world that produce the wealthiest people, five are public universities, six are Ivy League, and only one is located outside of the US. By and large, Harvard University mints the highest number of millionaires and billionaires, which together command a net worth of $811 billion, more than twice that of the No. 2 school, University of Pennsylvania. Below, check out the top 20 colleges in the world that have produced the most rich people, along with the total known number of UHNW individuals with degrees from the institutions, and their combined wealth. 20. University of California, Los Angeles Known UHNW alumni: 235 Combined wealth: $63 billion 19. Boston University Known UHNW alumni: 241 Combined wealth: $62 billion 18. University of Cambridge Known UHNW alumni: 271 Combined wealth: $69 billion 17. University of Michigan Known UHNW alumni: 272 Combined wealth: $141 billion 16. University of Notre Dame Known UHNW alumni: 277 Combined wealth: $44 billion 15. University of California, Berkeley Known UHNW alumni: 290 Combined wealth: $125 billion 14. The University of Texas at Austin Known UHNW alumni: 293 Combined wealth: $71 billion 13. University of Southern California Known UHNW alumni: 294 Combined wealth: $98 billion 12. University of Virginia Known UHNW alumni: 300 Combined wealth: $64 billion 11. Cornell University Known UHNW alumni: 319 Combined wealth: $101 billion 10. Princeton University Known UHNW alumni: 330 Combined wealth: $188 billion 9. Yale University Known UHNW alumni: 360 Combined wealth: $156 billion 8. Northwestern University Known UHNW alumni: 365 Combined wealth: $80 billion 7. University of Chicago Known UHNW alumni: 371 Combined wealth: $93 billion 6. Massachusetts Institute of Technology (MIT) Known UHNW alumni: 375 Combined wealth: $215 billion 5. Stanford University Known UHNW alumni: 466 Combined wealth: $404 billion 4. New York University Known UHNW alumni: 488 Combined wealth: $155 billion 3. Columbia University Known UHNW alumni: 578 Combined wealth: $307 billion 2. University of Pennsylvania Known UHNW alumni: 832 Combined wealth: $369 billion 1. Harvard University Known UHNW alumni: 1,906 Combined wealth: $811 billion This story originally appeared on Business Insider.