- Where you attend college can influence how much money you earn.
- In its latest report, Wealth-X ranked the top 20 US colleges with the most ultra-high-net-worth alumni.
- Ivy Leagues, private universities, and California schools comprise much of the list.
- Visit Business Insider's homepage for more stories.
Pick the right college, and you might just set yourself on the path to wealth.
Wealth-X ranked the top 20 US colleges with the most ultra-high-net-worth (UHNW) alumni in its new report, "The University of Ultra High Net Worth Alumni Rankings 2019." The report analyzed the Wealth-X database to look at the relationship between education and wealth levels across universities worldwide.
Wealth-X reported the actual number of UNHW individuals known to hold a degree from each institution and then calculated a projected estimate to predict the number of alumni with the total global UHNW population. Wealth-X defines ultra-high-net-worth individuals as those with assets exceeding $30 million and included both undergraduate and graduate alumni with degrees.
Six Ivy League universities made the top 20, while private universities dominated the list overall. California has the highest number of universities out of any state on the list, with four universities in the top 20.
Of course, earning potential doesn't just boil down to where one attends college - it can also be related to major and the field or industry of work that leads to, among other factors. And it's completely possible to build wealth no matter what college you attend - or if you don't attend college at all.
Consider Bill Gates, who dropped out of Harvard, and Richard Branson, who never attended college at all.
See below for the top 20 universities in the US known for producing UHNW individuals, ranked by the number of total UHNW graduates.