Harvard also ranks first in the number of ultra-high net worth alumni with assets greater than $30 million. Harvard's total number of ultra-high net worth alumni is more than twice that of the next highest ranking institution, Stanford. These figures have not been adjusted for the relative size of these institutions.
1. Harvard University. At the top of the list is Harvard University, whose alumni account for 7% of the country's centi-millionaires. Some of the biggest technology bigwigs are Harvard alumni, like the co-founder of Microsoft, Bill Gates, who had a net worth of $117 billion as of February 17, per Bloomberg.
This Forbes article recently found that 84% of the top 400 wealthiest individuals in the world have, at a minimum, a bachelor's degree. In fact, 24%, almost one-fourth of this same group, have a bachelor's degree from an Ivy League school such as Harvard or Yale.
Harvard University — 29 billionaires with a total net worth of US$207 billion. Harvard University is one of the universities with the most billionaires. The university is located in Cambridge, Massachusetts. To date, it has produced 29 billionaires.
The wealthiest person in the country to have made a fortune without attending college is oil tycoon Harold Hamm.
Almost 2.2 million Australians are millionaires after soaring asset prices pushed another 390,000 adults onto the top rungs of the global wealth ladder, according to a report by Credit Suisse that says Australians are the richest people in the world.
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.
According to the book “The Millionaire Mind,” the average college GPA of a millionaire was 2.9.
According to a recent study, being a billionaire doesn't necessarily equate to having a superior intellect. In fact, the study reveals that those in the top 1% of earners, aka billionaires, scored lower on cognitive ability tests than those who earned just slightly less than they do.
The average IQ of self-made deca-millionaires (over $10M net worth) is 118. The average IQ of self-made* billionaires is 133. The average IQ of self-made deca-billionaires (over $10B net worth) is 151. Of note, average incomes correlate well with IQ, however there is a much lower correlation between IQ and net wealth.
Azim Premji. After his father's demise, Azim Premji dropped out of Stanford University to take care of the family business.
Counting all degrees, Harvard University comes in first place in terms of the total number of billionaire alumni. The University of Pennsylvania comes in first if only bachelor's degrees are counted, according to the most recent 2022 Forbes report.
In the United States, a billionaire is a person with a net wealth of a billion dollars, $1,000,000,000, one thousand times greater than a millionaire, $1,000,000. Billionaires in other countries are defined by monetary units in currencies such as euros.
The financial service industry has created the most millionaires in modern times. The financial system manages the money of people worldwide.
The Ramsey study found that five careers produced the most millionaires: engineers, accountants, management, attorneys and teachers.
Among 100 of the world's top billionaires, approximately 30% inherited or worked for family businesses, 53% worked for other businesses, and 17% actually started their own businesses. Around 75% obtained a college degree, with the mostly commonly pursued academic path being engineering (22%).
Australians wanting to be in the country's top 1% for wealth need to have an individual net worth of US$5.5 million ($8.3 million), Knight Frank's 2023 Wealth Report has found.
More on the wealthy states within Australia
The Australian Capital Territory (ACT) has the highest average income among Australian states and territories, due to its strong public administration and professional services sectors. New South Wales also has a high average income, higher than the rest of the states.
Switzerland and Australia have the next highest entry points to the 1%, requiring net worth of $6.6 million and $5.5 million, respectively, according to data released Wednesday as part of the property broker's 2023 Wealth Report. In the US, $5.1 million will get you over the threshold.
Jaylen Bledsoe – Net worth: $3.5 Million. What is this? A high school student and of 12 years of age when he first began working on his tech startup, Jaylen Bledsoe of Hazelwood is now a well known and recognized entrepreneur.
Children of billionaires, and sometimes even future generations, often get a hefty inheritance from their wealthy parents. But many business moguls, like Bill Gates and Ted Turner, aren't planning to keep their riches in the family.
Princess Charlotte of Cambridge (7 years) The title of world's richest kid is held by none other than Princess Charlotte of Cambridge. She is a member of the British royal family and the second child and only daughter of Prince William, Duke of Cambridge, and Catherine, Duchess of Cambridge.