Which Universities Produce The Most Billionaires?

NEW YORK, Oct. 23, 2014 /PRNewswire/ -- Twenty-five billionaires obtained their bachelor's degrees from the University of Pennsylvania, making it the top university in the world in terms of number of billionaire undergraduate alumni according to this year's Wealth-X and UBS Billionaire Census.

The annual Wealth-X and UBS study also shows that higher education is not a prerequisite to achieving billionaire status as 35% of the 2,325 billionaires in the world have not obtained a tertiary-level degree. Notable university dropouts include Microsoft co-founder Bill Gates and Facebook co-founder Mark Zuckerberg. Both walked out of Harvard during their undergraduate years to start their businesses.

Among those billionaires who hold a tertiary-level degree, 42% graduated with a bachelor's degree, 26% have a master's degree, 21% finished their MBA, and 11% attained a PhD.

Sixteen out of the top 20 billionaire schools are in the United States. With 12 billionaire alumni, India's University of Mumbai has the most billionaire graduates of any university based outside the US. The London School of Economics and Political Science in the United Kingdom, Lomonosov Moscow State University and ETH Zurich in Switzerland are other schools outside the US that made it to the top 20 billionaire schools list.

Below are the top 5 schools with the most billionaire undergraduate alumni:

The Wealth-X and UBS Billionaire Census 2014 shows that more than a quarter of the billionaires who obtained their undergraduate degrees in the 16 American universities on the list were born outside of the United States. Nearly 40% who attended these top American schools for their post-graduate studies were not US citizens.

Download the complete list at http://www.wealthx.com/wp-content/uploads/2014/10/Top20BillionaireInstitutions.pdf

About Wealth-X

Wealth-X is the world's leading ultra high net worth (UHNW) intelligence and prospecting firm with the largest collection of curated research on UHNW individuals, defined as those with net assets of US$30 million and above. The firm's Wealth-X Professional solution is the standard for banking, luxury marketing and not-for-profit professionals working with the ultra affluent. Headquartered in Singapore, Wealth-X has 13 offices across five continents. (www.wealthx.com)

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/which-universities-produce-the-most-billionaires-981147836.html

SOURCE Wealth-X

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