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- In July, Wealth-X released their 2019 report on which universities (both globally and in the US) have produced the most ultra-high net worth (UHNW) individuals, here defined as those with a net worth of $30 million or more.
- Harvard University topped the list, with nearly 14,000 UHNW alumni; however, only 7% of them are women.
- Boston University holds the distinction of having the most female UHNW alumni, with Northwestern University ranking second.
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In July, Wealth-X released their findings on which US colleges have produced the most millionaires.
The study focused on those alumni deemed to be ultra-high net worth (UHNW) individuals, meaning those with fortunes of $30 million or more. The report analyzed the Wealth-X database of the world's wealthiest people and used Wealth-X's Wealth and Investable Assets Model to estimate the number of UHNW alumni and their fortunes.
The report concluded that globally, the US tops the list of nations with the most universities producing UHNW graduates. The top institution, both globally and nationally, is Harvard, which was found to have about 13,650 UHNW alumni - over double the amount of Stanford and the University of Pennsylvania, which respectively ranked No. 2 and No. 3 on both the US and global lists.
However, out of Harvard's estimated 13,650 UHNW alumni, only 7% of them are women, compared to Boston University, where women make up 12% of that school's UHNW alumni.
Read more: The top 20 millionaire-producing US colleges where most of the ultra-wealthy alumni are self-made
In addition, the Wealth-X study found that while the majority of UHNW women on the list are considered to be "self-made," more of them, compared to their male counterparts, obtained their wealth through inheritance, or a combination of inherited wealth and self-made efforts. For example, 43% New York University's UHNW women inherited their wealth, compared to only 8% of that school's UHNW men.
Keep reading to find out which American universities have the most women among their UHNW alumni.