Aug 29, 2016 09:39 AM EDT
Ivy League Colleges Revealed To Have Produced The Most Millionaires
Ever wonder where millionaires got their education? It has been revealed that Ivy Leagues colleges have been able to produce the most millionaires.
U.S. News reported that five of the top 10 universities that have produced millionaires are Ivy League institutions. The data was taken from a recent report by Elite Traveler, a luxury lifestyle magazine, as well as personal wealth research firm WealthInsight.
Harvard University comes in first. Its alumni include Barack Obama, John F. Kennedy and Bill Gates. Facebook founder Mark Zuckerberg is worth $14 billion but was not able to finish his studies. Actress Natalie Portman is also a graduate of the university and is worth $32 million.
According to the Daily Mail, Harvard has 52 billionaires among its alumni. This figure is twice as many as University of Pennsylvania, which comes in second place. 2016 presidential candidate Donald Trump studied at Wharton Business School, University of Penn.
In third place is Stanford University, which boasts of Tiger Woods as one of its wealthiest and most famous graduates. He has a net worth of $500 million.
Fourth in the list is U.K. Institution, Oxford University. The school boasts of Cardiff-born billionaire, and graduate, Michael Moritz, who is Wales' richest person, as reported by Telegraph.
He has an estimated wealth of £1.25 billion, after making his fortune investing in Internet companies. Last year, he donated £75 million to the university to help students from poorer backgrounds.
University of California-Berkeley comes in fifth place on the list. University of Texas, Cornell University, Princeton University, Yale University and the University of Michigan complete the top 10.
Other schools in the U.K. Included in the list are Cambridge University, which recently reintroduced its entrance exam, University and London. France university, Ecole Polytechnique, is at 14th place. Australian institution University of New South Wales is at number 24 while Israel's Tel Aviv University is at 29.
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