The 10 Business Schools That Have Produced The Most Billionaires (2024)

FAQs

Which business school produces the most billionaires? ›

University of Pennsylvania ranks No. 1, with 36 billionaires.

Seventy-one of these billionaires went to seven Ivy League schools — Brown University is the only school from the conference that failed to make it into this elite college dozen. At the top of the list is Harvard, which has more alumni on The Forbes 400 than any other university — with 15.

Harvard has had 17,660 are millionaires and 188 billionaires - you started with millionaires in your question but ended with billionaires.

1. Harvard University – Cambridge, MA. (Harvard has 4x the number of Fortune 500 CEO's compared to Yale.) Click to tweet this.

The most common college degrees among billionaires are business (22), economics (12) and engineering (11). Spanish businessman Amancio Ortega Gaona, worth $93 billion, is one of 10 billionaires on the list without any degree at all.

1. Harvard University. Learn more about Harvard University.

427 billionaires amassed their fortunes in the finance sector, making it the industry that yields the most billionaires, followed by technology, manufacturing, retail, and food and beverage, according to Forbes.

The Massachusetts Institute of Technology has produced the fourth-most billionaire alumni, at 38. Famous MIT alumni include Buzz Aldrin, the second man to walk on the moon.

It took Ma three tries to get into college.

At the World Economic Forum in 2016, Ma revealed he has been rejected from Harvard— 10 times. He graduated in 1988 and started applying to as many jobs as he could.

Do rich kids get into Ivy League? ›

Children of the top one percent, earning more than $611,000 a year, are significantly overrepresented in the Ivy League — more likely to attend selective private colleges than students from any other income bracket with comparable SAT and ACT scores.

Harvard University's endowment grew to more than $49.5 billion last year, making it once again the nation's wealthiest college.

The Forbes 400 of 2022 ranked the 11 most popular colleges among America's richest. This year's ranking includes a number of Ivy League schools as well as a few west coast institutions. Penn, which is home to the famous Wharton School, is the alma mater of 17 billionaire grads—up from 14 a year ago.

427 billionaires amassed their fortunes in the finance sector, making it the industry that yields the most billionaires, followed by technology, manufacturing, retail, and food and beverage, according to Forbes.

In broader terms, the finance and investment profession has the most millionaires. It also has the most billionaires, with 371. Here's a list of the seven best careers if you want to be a millionaire.

When it comes to chief executives in particular, Harvard is the clear leader; nearly 6% of all Fortune 1000 CEOs are alumni from HBS's MBA program. For financial leaders, UChicago leads; about 4% of all Fortune 1000 CFOs have an MBA from the Booth School of Business.

Stanford boasts 1,435 founders, with $73.5 billion in venture capital, including for the company DoorDash. Sorting by graduate alumni results in Stanford once again topping the list, followed by MIT, Harvard, the University of Cambridge, Berkeley, and the University of Oxford.