10 Best MBA Programs for Minting Billionaires
NEW YORK (TheStreet) - Where should you go to get your MBA if you want to be a billionaire? Likely one of these schools, the top 10 when it comes to number of billionaire alumni.
With 64, Harvard University is No. 1 when it comes claiming the most graduates who are now billionaires, according to a ranking by Wealth-X, a high-net-worth intelligence firm. Harvard produced nearly three times more billionaires with MBA degrees than Stanford University, the runner up and more than four times as many as Columbia University, the No. 3 ranked school.
Of the 2,325 billionaires in the world, two-thirds have received a tertiary education, with approximately 21% of those getting their MBA degrees. Half of those have obtained their MBA from one of the 10 institutions named on the Wealth-X list.
Top universities in the U.S. aren't the only schools producing billionaires. Three international institutions made the Wealth-X list - France's INSEAD, Switzerland's International Institute for Management Development and the London Business School.
Curious about the MBA programs that produced the most billionaires? Click through to see which schools can make you filthy rich.
10. London Business School
Number of Billionaire MBA Alumni: 4
Notable Billionaire Alumnus: Kumar Mangalam Birla, chairman of Aditya Birla Group, one of the largest conglomerates in India. Net Worth: $9.2 billion.
9. International Institute for Management Development (tied with No. 8, University of Southern California)
Number of Billionaire MBA Alumni: 5
Notable Billionaire Alumnus: Susanne Hanna Ursula Klatten, daughter of German industrialist Herbert Quandt. Net Worth: $15.3 billion.
8. University of Southern California (tied)
Number of Billionaire MBA Alumni: 5
Notable Billionaire Alumnus: Ivan Glasenberg, CEO of Glencore Xstrata, the Swiss commodity trading and mining company. Net Worth: $5.9 billion.
7. New York University
Number of Billionaire MBA Alumni: 7
Notable Billionaire Alumnus: Forrest Edward Mars Jr., grandson of Frank C. Mars, the founder of Mars Inc. confectionary company. Net Worth: $22 billion.
6. INSEAD
Number of Billionaire MBA Alumni: 9
Notable Billionaire Alumnus: Gregoire de Spoelberch, CEO of Lunch Garden VOF and a director of Anheuser-Busch InBev SA (BUD) (among other boards) Net Worth: N/A.
5. University of Chicago
Number of Billionaire MBA Alumni: 10
Notable Billionaire Alumnus: David Gilbert Booth, co-founder of Dimensional Fund Advisors. Net Worth: $1.5 billion.
4. University of Pennsylvania
Number of Billionaire MBA Alumni: 12
Notable Billionaire Alumnus: Ronald Owen Perelman, American businessman, investors and owner of MacAndrews and Forbes Holdings. Net Worth: $14.5 billion.
3. Columbia University
Number of Billionaire MBA Alumni: 14
Notable Billionaire Alumnus: Peter Woo (Kwong Ching,) Hong Kong businessman, former chairman and current senior director of Wheelock and Co., chairman of The Wharf Holdings. Net Worth: $7.7 billion.
2. Stanford University
Number of Billionaire MBA Alumni: 23
Notable Billionaire Alumnus: Philip Knight, founder and chairman of Nike (NKE) . Net Worth: $22.3 billion.
1. Harvard University
Number of Billionaire MBA Alumni: 64
Notable Billionaire Alumni: Jorge Paulo Lemann, Swiss-Brazilian banker, investor, co-founder of 3G Capital, board member of Anheuser-Busch InBev and HJ Heinz. Net Worth: $22 billion.
More Slideshows You Might Like
14 Best Places in the World to Live and Work If You Are an Expat
Amazon's 10 Best Books of 2014: Debut Novel Everything I Never Told You No. 1
The 10 Most Obscenely Expensive Homes in the World and Their Filthy Rich Owners
-Written by Laurie Kulikowski in New York.
Disclosure: TheStreet's editorial policy prohibits staff editors, reporters and analysts from holding positions in any individual stocks.