Some universities are known for strong liberal arts programs, others might be top engineering schools. But a few excel at a more unique task: minting Forbes 400 members. As part of Forbes’ annual, outcomes-based ranking of the top 660 colleges in America, we looked at how many billionaires a school has produced (measured by the undergraduate alma maters of the nation’s 400 wealthiest individuals).
It might come as a surprise, but the school with the most billionaire alumni isn’t Harvard. It’s another Ivy League institution, the University of Pennsylvania. The Philadelphia school educated 21 of the 406 people on last year’s Forbes 400 — about 5% of the list. (More than 400 people appeared on The Forbes 400 because of fortunes shared between multiple people, like brothers Hank and Doug Meijer.)