SAM DAN
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LONDON: Majority of the billionaires alive today finished their undergraduate studies from an American university. But in an interesting finding, the University of Mumbai has emerged as the only entry in the top 10 list of universities that is not American.
The list of "Which Universities Produce The Most Billionaires" is heavily dominated by US universities with 16 of the top 20 entries. Ranked 9th, the University of Mumbai however figures higher than MIT, NYU or even the University of Michigan or Columbia.
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 released on Thursday.
It is followed by Harvard University with 22 billionaires, Yale with 20 billionaire alumni, University of Southern California with 16, Princeton and Cornell with 14 billionaire alumni.
The annual study also showed 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.
The top eight in the list are American colleges.
The only entry to break this monotony is the University of Mumbai which is ranked 9th and has produces 12 billionaires.
Interestingly, only one British university figure in the top 20 list and it is not Oxford or Cambridge.
London School of Economics (LSE) is ranked 10th and has produced 11 billionaires.
The list of "Which Universities Produce The Most Billionaires" is heavily dominated by US universities with 16 of the top 20 entries. Ranked 9th, the University of Mumbai however figures higher than MIT, NYU or even the University of Michigan or Columbia.
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 released on Thursday.
It is followed by Harvard University with 22 billionaires, Yale with 20 billionaire alumni, University of Southern California with 16, Princeton and Cornell with 14 billionaire alumni.
The annual study also showed 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.
The top eight in the list are American colleges.
The only entry to break this monotony is the University of Mumbai which is ranked 9th and has produces 12 billionaires.
Interestingly, only one British university figure in the top 20 list and it is not Oxford or Cambridge.
London School of Economics (LSE) is ranked 10th and has produced 11 billionaires.
