Probably the most famous alumnus is Republican presidential nominee Donald Trump, who graduated from the Wharton School of Business in 1968. This site is protected by reCAPTCHA and the Google Privacy Policy and *. Because the bottom line: Corporations and powerful people with deep pockets will never sustain the type of journalism Mother Jones exists to do. University of Texas at Austin has 2,195 UHNW alumni, with 77% being deemed "self-made.". UCLA was established in 1882 and is now considered a Public Ivy. UCLA is recognized for research in areas including architecture, applied science, engineering, medicine, and public health, and has highly-ranked programs in areas including medicine, engineering, business, and film. 3 on both the US and global lists of institutions with the highest UHNW individuals. With partner Richard Peery, he bought up Silicon Valley farmland in the 60s and turned it into office space now occupied by Google and Apple. calif@nd.edu. The University of California Los Angeles is a public research university and a member of the University of California System. (A Glassdoor reviewer called Core management a Texas A&M boys club.) Davis is on the board of the Aggie booster organization, the 12th Man Foundation, and with his wife, Becky, led donations for the $12 million Davis Player Development Center. The university is highly specialized, only offering a few doctoral programs, and students are fully funded and supported, paying nothing for tuition or lodging. Dating back to its agricultural origins, MSU is known for research in areas including hybrid corn and the homogenization of milk, as well as for research in areas such as cancer drugs, particle accelerators, and galaxy formation. The truth is that American universities view tuition as a source of income that helps them grow or just maintain themselves. Though initially opened as a free college (per the wishes of Ephraim Williams), it soon petitioned to charge tuition. alongside two American institutions, with four billionaire alumni. The Notre Dame Club of Los Angeles hosts a Universal Notre Dame (UND) Celebration event. Accordingly, the university is highly regarded for its Dwight Look College of Engineering. MIT is famous for research, in particular its work in defense with the U.S. military; this activity, however, has not been without controversy, especially among MIT faculty and students. OSU regularly benefits from donor generosity, and had a record year of fundraising in 2018 with a total of $601 million. It is also well known for programs in the Bloomberg School of Public Health, the School of Education, the Whiting School of Engineering, and the School of Medicine. Alumni Directory (Alumni Directory) | InsideND - University of Notre Notre Dame UPenn has been the home to many influential figures, as students and faculty. Academically, UPitt is known for high quality programs in its School of Medicine, School of Education,and Swanson School of Engineering. Currently, you are using a shared account. Read next: the best universities in the world Round 2, Pick 40 - Isaiah Foskey (DE, Notre Dame) For a school with arguably the richest history in college football, thats saying a lot. Notable CalTech figures include William Shockley (the inventor of the solid-state transistor), Gordon Moore (co-founder of Intel), and Benoit Mandelbrot (father of fractal geometry). Kansas State: Jack Vanier On that note, Notre Dame is well known for its Division I athletics teams (especially in football), collectively named the Fighting Irish. Such alumni have certainly been beneficial to the university; in 2017 it received its largest donation ever, a sum of $100 million from Kenneth Ricci. This percentage ties University of Virginia with University of Chicago as the institution with the highest percentage of self-made UHNW alumni. Idea Week at Notre Dame, an annual event celebrating entrepreneurs, Open to the Notre Dame students, faculty, staff and alumni as well as members of the Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. The university is currently in the middle of a massive $2 billion fundraising campaign. Year after year, the system pulls in hundreds of millions of dollars in donations to boost its endowment. Whats often glossed over is how steep the tuition fees at private institutions are, which can rack up significant student debt over time. The university takes its name from its early benefactor, John Purdue, who offered up $150,000 as part of the funds necessary to start the university. 3. Download Now. We really need to see if we'll be able to raise more with this real estate on a daily basis than we have been, so we're hoping to see a promising start. Nearby in France, the graduate business school Institut Europen dAdministration des Affaires (INSEAD) has a total of 1,956 UHNW alumni and $356 billion in combined wealthcontributed by CEOs of companies like Credit Suisse, Royal Dutch Shell, Ericsson, and Lego. Spurrier said Rice is sort of like the owner of a team.. Idea Week at Notre Dame, an annual event celebrating entrepreneurs, Open to the Notre Dame students, faculty, staff and alumni as well as members of the surrounding South Bend-Elkhart community, the McCloskey competition began in 2001 with $30,000 in awards and 70 teams. The third-oldest university in the country, and another Ivy League institution, Yale University was founded in 1701, one of nine U.S. universities to predate the American Revolution. Amherst College is a private liberal arts college established in 1821. Penn State also operates Penn State World Campus, a huge, fully online college with degree programs at all levels. Annual Research Expenditures:$917,744,000. Like so many others on this list, Notre Dame owes much of its wealth to generous donations, going all the way back to its founding. He amassed 10 career Notable UMinn alumni include Walter Mondale and Bob Dylan. This big-time booster heads up Walsworth Publishing, a Missouri-based publishing company that specializes in high school yearbooks. Emory University is number #30 among highest annual research expenditures. It moved to Durham in 1892 after a land donation from Julian S. Carr and Washington Duke, the latter of whom the university was renamed to honor after his son James B. Duke established the Duke Endowment in 1924 with a $40 million trust fund. The University of Pennsylvania ranks at No. Weve also tracked their combined wealth, and how much each UHNW alumni makes on average. New York University is a private research university established in 1831 in the Greenwich Village neighborhood of New York City. Visualized: The Largest Trading Partners of the U.S. Visualizing 90 Years of Stock and Bond Portfolio Performance, Visualizing the Link Between Unemployment and Recessions, Timeline: The Shocking Collapse of Silicon Valley Bank, Decoding Googles AI Ambitions (and Anxiety), Ranked: Americas 20 Biggest Tech Layoffs Since 2020, Infographic: Generative AI Explained by AI, Ranked: The Best U.S. States for Retirement, Ranked: The U.S. Banks With the Most Uninsured Deposits, De-Dollarization: Countries Seeking Alternatives to the U.S. Dollar. Annual Research Expenditures: $167,277,000. 18. Italy, the once-epicenter for the crisis in Europe is understandably wary of cases rising back up to critical levels. The FDIC is suing him over allegations that he presided over predatory lending practices while he was chairman of Buckhead Community Bank in Atlanta. Part of Auburns new football facility is named for him. Today, the university is a member of the Association of American Universities, and is recognized for very high research activity in areas including economics, veterinary medicine, and technology. 8. In the United Kingdom, Cambridge, Oxford, and the London School of Economics and Political Science (LSE) have over 6,500 UHNW alumni combined. Annual Research Expenditures:$622,814,000. The Rockefeller University is a private graduate university established in 1901. Even if a college doesnt make such a lofty pledge, many offer scholarships and grants, which significantly reduce the net price that families pay compared to the sticker price. Notre Dame has made financial aid its top fundraising priority for many years. University. Sticking on the defensive side of the ball, safety Brandon Joseph played one year at Notre Dame after transferring from Northwestern. Are you interested in testing our business solutions? Hes one of Americas most prolific trial lawyers, having won several historic, multibillion-dollar settlements, including a $246 billion victory over the tobacco industry in 1998, which remains the largest civil settlement in American history. The onetime owner of the Houston Astros gave $200 million to his alma mater to fund its new football stadium, which is named after him. As a result, it has opted to keep its activity to a minimum to try and boost the 65% recovery rate, even as it slowly emerges from over 10 weeks of lockdown. The University of Virginia is a public research university established in 1819. In the main scatterplot visualization, weve taken things a step further, assigning these countries into four distinct quadrants: High recovery rates are resulting in lifted restrictions for countries in this quadrant, and people are steadily returning to work. The Faths donation will be used exclusively for undergraduate financial aid, giving the university added flexibility in the aid packages it is able to offer its students. This has resulted in a 98% recovery rate, the highest of all countries. Today, the university is still highly regarded for its commitment to research, especially in the medical sciences, but also in space sciences. However, USC ranks No. Fiercely private, Hughes is nevertheless politically active: Hes given millions to Karl Roves American Crossroads super-PAC and supported Arnold Schwarzeneggers campaigns for governor. Richest Wellesley College is a private womens college, and an original member of the Seven Sisters Colleges. Fulton, a self-made real estate magnate, is one of the most generous philanthropists in the West. Which Countries are Buying Russian Fossil Fuels? Annual Research Expenditures: $764,322,000. As countries reckon with these competing risks of health and economic activity, there is no clear answer around the right path to take. Chapman is one of Clemsons biggest benefactors, having given millions to athletics and academics there. UMinn was established in 1851 as a preparatory school, and was able to expand thanks to a federal land grant and a large cash donation from John Pillsbury (of Pillsbury biscuits fame). Hes funded stadium renovations and a football performance center considered among the most lavish in college sports. Pennsylvania State University ranks #21 among highest annual research expenditures. He also threatened to cut worker hours and raise pizza prices due to Obamacare. Annual Research Expenditures:$328,100,000. MIT ranks #13 among highest annual research expenditures. The Gamecocks new $8.5 million athletics center is in Rices name, and coach Steve Spurrier reportedly flew to the Bahamas with Rice on his private plane, and vacationed on Rices yacht. Among its alumni and faculty, the university counts 24 Nobel Laureates, as well as notable names including Clyde Cowan (co-discoverer of the neutrino), J.C.R. The bra baron is worth $6 billion, making him the richest man in Ohio, and Ohio States deepest-pocketed booster. It draws its name from what had previously been known as the Northwest Territory, which the university was intended to serve; rather than trace its namesake and founding to a specific, enterprising individual, the universitys origins find root in a cadre of nine prominent Illinois residents. Kohl, who built his parents grocery stores into a nationwide retail chain, gave $25 million for the construction of a new basketball arena, which was named the Kohl Center. Georgia ties: A graduate of Morehouse College in Atlanta and a diehard UGA fan. 2 on the list of institutions with the highest percentage of international UHNW alumni, with 34% of their UHNW alumni originating from abroad. In anticipation of a new era of spendy friends of the program, here are Mother Jones boosters of the top 25, based on this weeks Associated Press poll. 1. 11. In total, graduates represent more than 3.4 trillion worth of personal wealth in the Forbes 500 rich list. The university encompasses nine schools, and is well known for its Goizueta Business School, School of Law, and School of Medicine. Available: https://www.statista.com/statistics/221147/the-20-richest-colleges-in-the-us/, The 20 richest colleges in the United States in fiscal year 2021, by endowment fund market value, Immediate access to statistics, forecasts & reports, World university rankings by Times Higher Education 2022/2023, World university rankings by reputation score, by Times Higher Education 2022, Forbes ranking of the best U.S. colleges 2022, by debt and median 10-year salary, Number of applications for Ivy League schools Class of 2026, Acceptance rate at Ivy League schools Class of 2026, Share of first-generation students in Ivy League schools in Class of 2026, Share of international students in Ivy League schools Class of 2026, U.S. 20 richest colleges in the U.S. FY 2021, Best performing Ivy League schools, by investment gain FY 2022, Total student grants awarded at Ivy League schools in the fiscal year 2019-2020, Net total revenue of Ivy League schools in the fiscal year 2020, Leading universities in the U.S. 2022, by student-to-staff ratio, Number of full-time instructional staff at Ivy League schools 2020, Number of tenured faculty members at Ivy League schools 2020, Number of tenure track faculty members at Ivy League schools 2020, Average salary for full-time instructional staff at Ivy League schools 2020-21, Annual tuition and fees at leading universities U.S. 2022/23, Full-time retention rate at Ivy League schools 2020, Four-year graduation rate of students at Ivy League schools U.S. 2021, Number of Bachelor's degrees awarded at Ivy League schools 2020-21, Average total debt of Ivy League graduating class 2021, Average early career salary of Ivy League attendees 2021, U.S. universities ranked by Fortune 500 CEO alumni 2021, Universities attended by U.S. presidents by level of achievement 1751-1991, The 10 best-paid college majors in the U.S. in 2011, College enrollment rates amongst 18 to 19 year olds, by U.S. state 2010, College enrollment rates amongst 20 to 24 year olds, by U.S. state 2010, Change in the number of spots for American students at colleges 1994-2012, College enrollment rates amongst 25 to 34 year olds, by U.S. state 2010, U.S. higher education enrollment rates, by age group 1970-2020, Median net worth of U.S. households - Comparison 1984 and 2009, Financial assets of the U.S. finance companies 2000-2018, Value total assets of banks Qatar 2017-H1 2021, Estimated assets of wealth management sector in the United Kingdom (UK) in 2015, Reasons for owning collectibles among wealthy Americans in the United States, 2013, College majors with the highest concentration of men in the U.S. 2009, Median income of architecture and engineering majors by study focus in the U.S. 2013, U.S. fraternity ranking 2012, showing funds donated to charity, Leading 50 colleges ranked by SAT score needed in the United States 2012-2013, Actions people would be willing to take to get rich in Poland 2021, Assets of the New Wave Group AB 2015-2019, Colleges and universities in the United States, The 20 richest colleges in the United States in fiscal year 2021, by endowment fund market value (in billion U.S. dollars), Find your information in our database containing over 20,000 reports, Massachusetts Institute of Technology, MA. 1 on both the US and global lists of universities with the greatest number of UHNW alumni. Stanford: John Arrillaga Dartmouth is often cited as one of the best universities in the country, especially for its Tuck School of Business, Thayer School of Engineering, and Geisel School of Medicine. The University of Pittsburgh ranks #15 among highest annual research expenditures. Hes also allegedly used his connections to secure cushy jobs for family members, and hes donated hundreds of thousands of dollars to several Georgia governors and politicians. Dmitry Rybolovlev, who made much of his money selling fertiliser and is now chairman of the French football team AS Monaco, has the highest net worth of any Cornell graduate at $7.7 billion. Ohio State: Les Wexner Now in its 23rd year, the competition gave out more than $400,000 These funds are designated for certain areas only. The Future of the 1%: 20 US Colleges That Produce the Wealthiest The real estate billionaire grew up poor and earned a scholarship to Stanford as a basketball player. Notre Dame In 2018, Amherst College received $100 million from an anonymous donor. Recently, some states have opted to ease restrictions on social and business activity, which could potentially result in case numbers climbing back up. Notable names among Pomonas alumni include composer John Cage, conductor Robert Shaw, and musician Kris Kristofferson; additionally, Pomona once counted writer David Foster Wallace among its faculty. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 70m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. A significant source of the UT systems wealth comes from land ownership and investment, as is the case with most colleges. Its current portfolio consists of over 8,300 apartment homes located throughout Ohio, northern Kentucky, Indiana, and Dallas, Texas. Pennsylvania State University is a public research university established in 1855. In 2010, when the university moved to get rid of its Confederate caricature mascot, Colonel Reb, Dunlap was part of a booster group opposing the decision, even suggesting that hed stop his philanthropic giving if Reb got the boot. Stine, George Steinbrenner, and Larry Sanger (a co-founder of Wikipedia). Johns Hopkins University ranks #1 among highest annual research expenditures. Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022, Profit from additional features with an Employee Account. 2 on both the US and global lists, Stanford has 5,580 UHNW alumni, but not the highest (or even second-highest) proportion of self-made wealth. Even with millions of dollars in merchandise and ticket sale revenue, big-time college football and basketball programs pay a high price to compete. Notre Dame alumna maps out her journey from Montana to South Login 80% of Northwestern's UHNW alumni are from the US. Particularly for kids from the poorest backgrounds, the richest universities are already doing a fairly excellent job of ensuring that these students dont experience massive burdens in tuition fees. Since then, the university has gone on to excel in academics, and is well known for its Business School, Law School, and School of Architecture. Emory is a private research university associated with the United Methodist Church. Unfortunately, he's a huge IU fan. It's us but for your ears. Source: Ohio State University. Annual Research Expenditures: $640,842,000. It is our hope that this gift will change thousands of lives for the better.. Notable alumni include Keegan Michael Key, Adam McKay, Mark Parker, and Bruce Banner (in the Marvel Multiverse). Additionally, the University of Texas has received some impressive donations through the years, including from the Bill and Melinda Gates Foundation, the Hearst Corporation, and the Moody Foundation. Not content to serve New York alone, NYU also operates campuses in Abu Dhabi and Shanghai, and academic centers in a handful of major global cities. Top editors give you the stories you want delivered right to your inbox each weekday. ", NACUBO, The 20 richest colleges in the United States in fiscal year 2021, by endowment fund market value (in billion U.S. dollars) Statista, https://www.statista.com/statistics/221147/the-20-richest-colleges-in-the-us/ (last visited May 01, 2023), The 20 richest colleges in the United States in fiscal year 2021, by endowment fund market value (in billion U.S. dollars) [Graph], NACUBO, February 19, 2022. The University of California Los Angeles ranks #11 among highest annual research expenditures. I am a former university president who writes about higher education. His estimated worth is $4.5 billion. This site is protected by reCAPTCHA and the Google Privacy Policy. Its alumni and faculty list includes 96 Nobel laureates and 26 Turing Award winners. Texas A&M University is the only university in the state to hold space-grant, land-grant, and sea-grant designations, and is strongly associated with research for organizations including NASA, the National Institutes of Health, and the National Science foundation. The university traces its 1861 founding to the industrial revolution in the U.S., and is a land-grant, sea-grant, and space-grant institution. Beyond academics, UMichigan is famous for its Wolverines athletic teams, especially in football. In 2019, CalTech received a jaw-dropping donation of $750 Million for climate research from alum Gordon Moore and wife Betty moore. Its not crazy to imagine that in the near future, therell be big-money bidding wars between programs for top recruits. Among its alumni and faculty, the university counts 25 Nobel Prize laureates, six Turing Award winners, and a Fields Medalist. Bryant is Alabama royalty: His father was Bear Bryant, the legendary Crimson Tide coach. Founded in 1880, the University of Southern California is the oldest private research university in the state. In 2018, the university received the largest individual donation ever made to a single university in the U.S. from former New York mayor Mike Bloomberg, a whopping $1.8 billion. Its endowment includes massive boosts from alumni donations, such as a $400 million gift in 2016 from Phil Knight, co-founder of Nike and graduate of the Stanford Business School. Please create an employee account to be able to mark statistics as favorites. UCLA: Jim Collins Copyright 2023 Mother Jones and the Foundation for National Progress. The ideal entry-level account for individual users. Richest Though it produces high-level research in many areas, Dartmouth is perhaps best known for advances in economics and political science.
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