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Sep 8, 2021 · NEW YORK – September 8, 2021 – Forbes releases the 13 th annual list of America’s Top Colleges. The 2021 ranking features an updated methodology that better accounts for which schools are ...
- | Harvard University
- (Tie) | University of Pennsylvania
- (Tie) | Stanford University
- | Yale University
- | Mumbai University
- | Cornell University
- | University of Southern California
- | Massachusetts Institute of Technology
- (Tie) | Princeton University
- (Tie) | University of California, Berkeley
TOTAL NET WORTH: $207 BILLION
Harvard Yard served as stomping grounds for the highest number of billionaire graduates of any school. Of its 29 billionaires, 17 amassed their fortunes in the finance and investment industry, including the college’s three newcomers to the World’s Billionaires list: Bitcoin twins Cameron and Tyler Winklevoss, and former Goldman Sachs CEO Lloyd Blankfein. But Harvard’s two richest undergraduate alumni hail from other sectors. Los Angeles Clippers owner Steve Ballmer’s $68.7 billion fortune ste...
TOTAL NET WORTH: $284.8 BILLION
More than half of Penn’s billionaire alumni received their undergraduate degrees from the famed Wharton School. The Philadelphia institution was a launching pad for two of today’s noisiest billionaires: former president Donald Trump and Elon Musk, whose stakes in Tesla and SpaceX helped him rise to the number two spot on the World’s Billionaires list. The university’s two new billionaires this year are Lance Gokongwei, the CEO of Filipino conglomerate JG Summit, and venture capitalist Gary La...
TOTAL NET WORTH: $124.4 BILLION
A breeding ground for startups, Stanford is the alma mater of more newly minted billionaires this year than any other school. The school’s eight newcomers comprise the founders of Carvana, DoorDash, Nubank, Robinhood and Zillow—all technology or tech-adjacent companies. They include Colombian David Velez, who built Nubank into the most valuable digital bank in the world, as well as Baiju Bhattand Bulgaria-born Vlad Tenev, whose no-commission trading platform Robinhood was at the center of the...
TOTAL NET WORTH: $140.8 BILLION
Yale’s undergraduate alumni include candy heirs John, Valerie and Victoria Mars, as well as oil heirs Lee, Edward, Robert and Sid Bass. In 2018, Edward Bass made a $160 million gift to the university to renovate its Peabody Museum. Other notable billionaires who graduated from the New Haven, Connecticut college include Alibaba cofounder and Brooklyn Nets owner Joe Tsai and Stephen Schwarzman, CEO of investment firm Blackstone. Yale’s newest billionaire is Paul Sciarra, who crossed the 10-figu...
TOTAL NET WORTH: $162.8 BILLION
One of the largest universities in the world by enrollment, Mumbai University is the only non-U.S. institution to crack the top ten. All but four of its billionaire alumni inherited their fortune, including Asia’s richest billionaire Mukesh Ambani, who runs Reliance Industries, a conglomerate with interests in oil and gas, petrochemicals and telecommunications. Mukesh Ambani and his brother Anil inherited assets from their father but Mukesh has greatly expanded the fortune; he ranks No. 10 on...
TOTAL NET WORTH: $65.1 BILLION
Cornell’s diverse billionaire alumni include former Citigroup head Sandy Weill, the namesake of the university’s medical school, private equity titan Robert F. Smith, for whom the chemical engineering school was named in 2016 (more recently, Smith became embroiled in the largest tax evasion scheme in U.S. history), and software entrepreneur David Duffield, who gave $5 million last year to establish a scholarship fund for undergraduate engineering students struggling during the Covid-19 pandem...
TOTAL NET WORTH: $58.5 BILLION
The Los Angeles university’s billionaires include two filmmakers who graduated from its School of Cinematic Arts: Star Wars creator George Lucas and Brazilian director Walter Salles, an heir to one of his home country’s oldest banking families. The richest USC alumnus is Marc Benioff, CEO of cloud giant Salesforce, worth $8.4 billion—though his net worth is edged out by the combined $10.5 billion fortune of the Public Storage family: B. Wayne Hughes, who cofounded the company in 1972, and his...
TOTAL NET WORTH: $104 BILLION
Half of MIT’s billionaires inherited their fortunes, including Koch Industries CEO Charles Koch and brother William Koch, who sold his stake in the company in 1983 to Charles and their late brother David. Charles and David Koch vastly expanded Koch Industries, the oil and coal conglomerate they inherited from their father Fred Koch. Self-made billionaires include mathematician Jim Simons, whose $24.6 billion fortune comes from founding hedge fund Renaissance Technologies, as well Dropbox cofo...
TOTAL NET WORTH: $288.4 BILLION
Princeton rounds out the Ivy League’s dominance of the top ten. Despite having 18 fewer billionaire alumni than first-place Harvard, the $288.4 billion combined net worth of Princeton’s super-rich graduates dwarfs that of any other university. That’s largely because Harvard’s two richest attendees (Bill Gates and Mark Zuckerberg) dropped out, while Princeton’s two richest—Amazon founder Jeff Bezos and his ex-wife MacKenzie Scott—both stuck around to get their degrees. Bezos and Scott are wort...
TOTAL NET WORTH: $82.6 BILLION
California’s flagship public university gained two new billionaires in connection with the Covid-19 pandemic. Harvard biology professor Timothy Springer, like Cornell alumnus Robert Langer, got rich thanks to his stake in vaccine maker Moderna. Meanwhile, DoorDash CEO Tony Xu took his food delivery startup public in late 2020 after the pandemic and its stay-at-home orders supercharged demand for takeout. Like Springer and Xu, most of Berkeley’s billionaires amassed their fortunes from technol...
Apr 14, 2021 · TOTAL NET WORTH: $124.4 BILLION. A breeding ground for startups, Stanford is the alma mater of more newly minted billionaires this year than any other school. The school’s eight newcomers ...
- Kenrick Cai
- Here are the 44 new members of The Forbes 400 (net worths are as of September 3, 2021)
- Miriam Adelson. Net Worth: $30.4 billion. Source of wealth: Casinos. Adelson inherited her late husband’s 57% stake in Las Vegas Sands, the publicly traded gambling empire with casinos in Singapore and Macau, after his death in January.
- Sam Bankman-Fried. Net Worth: $22.5 billion. Source of wealth: Cryptocurrency. The 29-year-old MIT grad owes most of his $22.5 billion fortune to his stake in the cryptocurrency derivatives exchange FTX—which he cofounded in 2019—and his share of its FTT tokens.
- Jeff Yass. Net Worth: $12 billion. Source of wealth: Trading, investments. The former pro gambler joins The Forbes 400 thanks to his stake in trading firm Susquehanna International Group, which he cofounded in 1987 and built into one of the most successful firms on Wall Street.
- University of California, Berkeley. Berkeley, CA • 4-Year, Public. Acceptance Rate 11% University of California, Berkeley is ranked as Forbes’ the top college for 2021.
- Yale University. New Haven, CT • 4-Year, Private. Acceptance Rate 5% According to Forbes, Yale University has an average grant aid of $55,827 and an average of $5,056 of debt per student.
- Princeton University. Princeton, NJ • 4-Year, Private. Acceptance Rate 6% According to Forbes, Princeton University has an average grant aid of $52,188 and an average debt of $3,888 per student.
- Stanford University. Stanford, CA • 4-Year, Private. Acceptance Rate 4% Reported by Forbes, Stanford University has an average grant aid of $54,808 and an average debt of $8,205 per student.
Oct 5, 2021 · The aggregate wealth of The Forbes 400 reached a record-breaking $4.5 trillion, and the minimum net worth needed to make the cut for this year’s list rose to a record high of $2.9 billion, up ...
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