REUTERS/Carlo Allegri
And soon, the school will count a US president among its alma mater.
President-elect Donald Trump graduated from UPenn's Wharton School of Finance in 1968 after transferring there in his junior year.
Trump joins a host of other successful alumni, ranging from business magnate Warren Buffett to fashion designer Tory Burch to tech mogul Elon Musk.
The Philadelphia Ivy has also produced 25 billionaires - more than any other school in the world. Here are some of the most notable names on the list: