Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Rich kids end up being rich adults.![]()
+1
Perhaps true, but this study indicated over 70% of these high net worth individuals made their own fortunes.
They define UHNW as 30 million +. So if their parents gave them 5 million and paid full price for tuition or law school, it wouldn't really count towards being "self-made" according to this study. Of course there are some exceptions, but I see this as being about the type of people admitted to these schools (very bright and/or wealthy) and the opportunities these big name schools afford, rather than a function of the quality of education received at these institutions.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Rich kids end up being rich adults.![]()
+1
Perhaps true, but this study indicated over 70% of these high net worth individuals made their own fortunes.
They define UHNW as 30 million +. So if their parents gave them 5 million and paid full price for tuition or law school, it wouldn't really count towards being "self-made" according to this study. Of course there are some exceptions, but I see this as being about the type of people admitted to these schools (very bright and/or wealthy) and the opportunities these big name schools afford, rather than a function of the quality of education received at these institutions.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Rich kids end up being rich adults.![]()
+1
Perhaps true, but this study indicated over 70% of these high net worth individuals made their own fortunes.
Anonymous wrote:Anonymous wrote:Alright, suckers! Who cares about Nobels, Rhodes, Fulbrights when you could be swimming in money (or the company of those with money, ha!) instead? Here's the real ranking of universities, measured by how many UHNW (ultra high net worth) alumni they have. UHNW is defined as individuals with a net worth over $30 million.
1. Harvard - 13,650 alumni
2. Stanford - 5,580
3. UPenn - 5,575
4. Columbia - 3,925
5. NYU - 3,380
6. MIT - 2,785
7. Cambridge - 2,760
8. Northwestern - 2,725
9. USC - 2,645
10. UChicago - 2,405
11. Yale - 2,400
12. UC Berkeley - 2,385
13. Oxford - 2,290
14. Cornell - 2,245
15. UT Austin - 2,195
Rounding out the top 20...
16. Princeton - 2,180
17. Notre Dame - 2,085
18. UMichigan - 1,970
19. INSEAD - 1,965
20. UCLA - 1,945
Harvard is clearly in a class of its own.
Source: https://www.wealthx.com/wp-content/uploads/2019/08/University-Ultra-High-Net-Worth-Alumni-Rankings-2019.pdf
INSEAD makes the global top 20 list despite being only a graduate business school with an enrollment of 1,400. . .
Anonymous wrote:Anonymous wrote:Rich kids end up being rich adults.![]()
+1
Anonymous wrote:Rich kids end up being rich adults.![]()
Anonymous wrote:Anonymous wrote:Alright, suckers! Who cares about Nobels, Rhodes, Fulbrights when you could be swimming in money (or the company of those with money, ha!) instead? Here's the real ranking of universities, measured by how many UHNW (ultra high net worth) alumni they have. UHNW is defined as individuals with a net worth over $30 million.
1. Harvard - 13,650 alumni
2. Stanford - 5,580
3. UPenn - 5,575
4. Columbia - 3,925
5. NYU - 3,380
6. MIT - 2,785
7. Cambridge - 2,760
8. Northwestern - 2,725
9. USC - 2,645
10. UChicago - 2,405
11. Yale - 2,400
12. UC Berkeley - 2,385
13. Oxford - 2,290
14. Cornell - 2,245
15. UT Austin - 2,195
Rounding out the top 20...
16. Princeton - 2,180
17. Notre Dame - 2,085
18. UMichigan - 1,970
19. INSEAD - 1,965
20. UCLA - 1,945
Harvard is clearly in a class of its own.
Source: https://www.wealthx.com/wp-content/uploads/2019/08/University-Ultra-High-Net-Worth-Alumni-Rankings-2019.pdf
INSEAD makes the global top 20 list despite being only a graduate business school with an enrollment of 1,400. . .
Anonymous wrote:Alright, suckers! Who cares about Nobels, Rhodes, Fulbrights when you could be swimming in money (or the company of those with money, ha!) instead? Here's the real ranking of universities, measured by how many UHNW (ultra high net worth) alumni they have. UHNW is defined as individuals with a net worth over $30 million.
1. Harvard - 13,650 alumni
2. Stanford - 5,580
3. UPenn - 5,575
4. Columbia - 3,925
5. NYU - 3,380
6. MIT - 2,785
7. Cambridge - 2,760
8. Northwestern - 2,725
9. USC - 2,645
10. UChicago - 2,405
11. Yale - 2,400
12. UC Berkeley - 2,385
13. Oxford - 2,290
14. Cornell - 2,245
15. UT Austin - 2,195
Rounding out the top 20...
16. Princeton - 2,180
17. Notre Dame - 2,085
18. UMichigan - 1,970
19. INSEAD - 1,965
20. UCLA - 1,945
Harvard is clearly in a class of its own.
Source: https://www.wealthx.com/wp-content/uploads/2019/08/University-Ultra-High-Net-Worth-Alumni-Rankings-2019.pdf
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:I'd be interested to see how SLACs would fare, if you looked only at undergraduate programs.
LACs only have a fraction of the alumni of many of these schools and no graduate schools. (It wouldn't surprise me if Harvard Business School on its own could be top 3.) If you take a look at Princeton, it is ranked just below UT Austin in the number of high net worth alumni (but higher net worth of high net worth alumni), but Texas has about 5.8X as many alumni. Princeton, although relatively small, still has 4.25X as many alumni as a an SLAC.
I was interested in SLAC, so pulling out the undergraduate programs from these universities to see what net worth would be. Of course universities with business schools are going to do better--these alum were 1) older and 2) interested primarily in making more money. That's not interesting to me.
There is a big overlap between top MBA programs and this list. Harvard Business School shows up at #6 for some ridiculous reason in USNWR rankings, but there is no way it doesn't have more high net worth alumni than almost all schools period.
High Net Worth:
1 (1) Harvard University
2 (2) Stanford University
3 (3) University of Pennsylvania
4 (4) Columbia University
5 (5) New York University
6 (6) Massachusetts Institute of Technology (MIT)
7 (8) Northwestern University
8 (9) University of Southern California
9 (10) University of Chicago
10 (11) Yale University
11 (12) University of California, Berkeley
12 (14) Cornell University
13 (15) The University of Texas at Austin
14 (16) Princeton University
15 (17) University of Notre Dame
16 (18) University of Michigan
17 (20) University of California, Los Angeles (UCLA)
18 (22) University of Virginia
19 (23) Boston University
20 (24) University of Miami
Top MBA Programs (USNWR)
1 Stanford
2 Wharton
3 Northwestern
4 Chicago
5 MIT
6 Harvard
7 Berkeley
8 Columbia
9 Yale
10 NYU
11 UVA Darden
12 Dartmouth
12 Duke Fuqua
12 Michigan Ross
15 Cornell
16 UCLA Anderson
17 USC Marshall
18 UT Austin
19 Carnegie Mellon
20 UNC Chapel Hill
Re: Harvard's #6 ranking: Harvard is obviously Harvard and will always have the associated prestige, but among M7 schools it's notorious as resting on its laurels in the last couple of years and having some of the lowest post-grad salaries and outcomes. Not saying it deserves the #6 ranking, but there is some merit to it.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:I'd be interested to see how SLACs would fare, if you looked only at undergraduate programs.
LACs only have a fraction of the alumni of many of these schools and no graduate schools. (It wouldn't surprise me if Harvard Business School on its own could be top 3.) If you take a look at Princeton, it is ranked just below UT Austin in the number of high net worth alumni (but higher net worth of high net worth alumni), but Texas has about 5.8X as many alumni. Princeton, although relatively small, still has 4.25X as many alumni as a an SLAC.
I was interested in SLAC, so pulling out the undergraduate programs from these universities to see what net worth would be. Of course universities with business schools are going to do better--these alum were 1) older and 2) interested primarily in making more money. That's not interesting to me.
There is a big overlap between top MBA programs and this list. Harvard Business School shows up at #6 for some ridiculous reason in USNWR rankings, but there is no way it doesn't have more high net worth alumni than almost all schools period.
High Net Worth:
1 (1) Harvard University
2 (2) Stanford University
3 (3) University of Pennsylvania
4 (4) Columbia University
5 (5) New York University
6 (6) Massachusetts Institute of Technology (MIT)
7 (8) Northwestern University
8 (9) University of Southern California
9 (10) University of Chicago
10 (11) Yale University
11 (12) University of California, Berkeley
12 (14) Cornell University
13 (15) The University of Texas at Austin
14 (16) Princeton University
15 (17) University of Notre Dame
16 (18) University of Michigan
17 (20) University of California, Los Angeles (UCLA)
18 (22) University of Virginia
19 (23) Boston University
20 (24) University of Miami
Top MBA Programs (USNWR)
1 Stanford
2 Wharton
3 Northwestern
4 Chicago
5 MIT
6 Harvard
7 Berkeley
8 Columbia
9 Yale
10 NYU
11 UVA Darden
12 Dartmouth
12 Duke Fuqua
12 Michigan Ross
15 Cornell
16 UCLA Anderson
17 USC Marshall
18 UT Austin
19 Carnegie Mellon
20 UNC Chapel Hill
Anonymous wrote:Anonymous wrote:Anonymous wrote:I'd be interested to see how SLACs would fare, if you looked only at undergraduate programs.
LACs only have a fraction of the alumni of many of these schools and no graduate schools. (It wouldn't surprise me if Harvard Business School on its own could be top 3.) If you take a look at Princeton, it is ranked just below UT Austin in the number of high net worth alumni (but higher net worth of high net worth alumni), but Texas has about 5.8X as many alumni. Princeton, although relatively small, still has 4.25X as many alumni as a an SLAC.
I was interested in SLAC, so pulling out the undergraduate programs from these universities to see what net worth would be. Of course universities with business schools are going to do better--these alum were 1) older and 2) interested primarily in making more money. That's not interesting to me.
Anonymous wrote:Anonymous wrote:I'd be interested to see how SLACs would fare, if you looked only at undergraduate programs.
LACs only have a fraction of the alumni of many of these schools and no graduate schools. (It wouldn't surprise me if Harvard Business School on its own could be top 3.) If you take a look at Princeton, it is ranked just below UT Austin in the number of high net worth alumni (but higher net worth of high net worth alumni), but Texas has about 5.8X as many alumni. Princeton, although relatively small, still has 4.25X as many alumni as a an SLAC.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Where is UVA?
1 (1) Harvard University
2 (2) Stanford University
3 (3) University of Pennsylvania
4 (4) Columbia University
5 (5) New York University
6 (6) Massachusetts Institute of Technology (MIT)
7 (8) Northwestern University
8 (9) University of Southern California
9 (10) University of Chicago
10 (11) Yale University
11 (12) University of California, Berkeley
12 (14) Cornell University
13 (15) The University of Texas at Austin
14 (16) Princeton University
15 (17) University of Notre Dame
16 (18) University of Michigan
17 (20) University of California, Los Angeles (UCLA)
18 (22) University of Virginia
19 (23) Boston University
20 (24) University of Miami
Where's Duke? Where's Emory? Where's Vanderbilt?
"Reflecting the UHNW population at large, the vast majority of UHNW alumni of these institutions have created their own wealth. At 84%, the UHNW alumni of the University of Virginia and University of Chicago show the highest proportion of self-made people."