Dive Brief:
- The University of Pennsylvania has more undergraduate alumni who are billionaires — 25 — than any other school, according to a report by UBS and Wealth-X.
- Rounding out the top five are Harvard University, with 22 billionaires; Yale University, 20; the University of Southern California, 16; and Princeton University, 14.
- Only two of the top 10 schools are outside of the U.S.: Mumbai University at No. 9 and the London School of Economics at No. 10, with 12 and 11 billionaires, respectively.
Dive Insight:
Somewhere, somehow, there is a student making his or her college choice based on this list. Princeton was actually tied with Cornell University and Stanford University, but was moved up because its billionaires were more wealthy. Many billionaires — 35% — never graduated from college. Other facts from the UBS/Wealth-X billionaire census: There are 2,325 billionaires worldwide, with about 25% of them in the U.S. and 103 living in New York.