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August 17, 2016updated Dec 20, 2023

Smarter Money: USA dominates list for universities producing the most millionaire alumni in the world

By Zahra Al-Kateb

In the first of our series of Intelligence reports with the firm WealthInsight we rank the universities that produce the most millionaire alumni in the world. The research shows that the United States dominate the list with thirty-one universities making up the top fifty.

shutterstock_193437935The newly released Intelligence report shows that nine of the top ten universities producing millionaire alumni are in the United States, while all eight Ivy league institutions are in the top 25.

Harvard, whose alumni include Barack Obama and John F Kennedy, ranked first, followed by the University of Pennsylvania. Stanford University, University of Oxford (UK), and the University of California all follow respectively to complete the top five universities producing millionaire alumni.

Universities in the UK produce the second highest number of millionaires in the world after the US, with University of Oxford ranking in fourth place – beating University of Cambridge which came in eleventh place. London came out top with the University of London (12), London School of Economics (31), and Imperial College (50), but Manchester is also in the millionaire-producing list with the University of Manchester.

Australia followed behind with four universities, two in Melbourne and two in Sydney, also making the top 50.

Ecole Polytechnique in France and Tel Aviv University in Israel are other universities outside the UK and US that made it to the top 30.

Mexico and Ireland both made the list with Instituto Tecnologico de Estudios Superiores de Monterrey (ITESM) at number 36 and Trinity College at 47.

IN FULL – The top 50 universities for producing millionaires:

Rank University Country City
1 Harvard University USA Cambridge
2 University of Pennsylvania USA Philadelphia
3 Stanford University USA Stanford
4 Oxford University UK Oxford
5 University of California, Berkeley USA Berkeley
6 University of Texas USA Austin
7 Cornell University USA Ithaca
8 Princeton University USA Princeton
9 Yale University USA New Haven
10 University of Michigan USA Ann Arbor
11 Cambridge University UK Cambridge
12 University of London UK London
13 California State University USA Los Angeles
14 Ecole Polytechnique France Palaiseau
15 New York University USA New York
16 Columbia University USA New York
17 Massachusetts Institute of Technology USA Boston
18 Southern California University USA Los Angeles
19 Dartmouth College USA Hanover
20 University of Wisconsin USA Madison
21 University of Illinois USA Champaign
22 University of Virginia USA Charlottesville
23 Sciences Po France Paris
24 University of New South Wales Australia Sydney
25 Brown University USA Providence
26 Georgetown University USA Washington
27 Duke University USA Durham
28 Boston University USA Boston
29 Tel Aviv University Israel Tel Aviv-Yafo
30 Bocconi University Italy Milan
31 London School of Economics UK London
32 Sydney University Australia Sydney
33 Miami University USA Oxford (Ohio)
34 University of Toronto Canada Toronto
35 Northwestern University USA Chicago
36 Instituto Tecnologico de Estudios Superiores de Monterrey (ITESM) Mexico Monterrey
37 Manchester University UK Manchester
38 University of Notre Dame USA Indiana
39 North Carolina University USA Chapel Hill
40 Boston College USA Boston
41 McGill University Canada Montreal
42 Purdue University USA West Lafayette
43 Indiana University Bloomington USA Bloomington
44 University of Florida USA Gainesville
45 Monash University Australia Melbourne
46 National University of Singapore Singapore Singapore
47 Trinity College Ireland Dublin
48 Texas A&M University USA College Station
49 University of Melbourne Australia Melbourne
50 Imperial College UK London

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