A new survey reveals the 10 richest graduates of Harvard, the university that pumps out billionaires like no other.
According to the wealth information firm Wealth-X, Harvard is the world’s top university for producing billionaires, claiming 125 of them with a combined wealth of $590 billion. Stanford has produced the second-most billionaires at 50; the University of Pennsylvania comes in third with 47 billionaires.
[post_ads]Wealth-X used its proprietary database of information on the ultra-wealthy to produce its rankings—and to examine the differences between Harvard billionaires and non-Harvard billionaires. What researchers found is that nearly two-thirds of Harvard-grad billionaires are self-made, a higher percentage than the global average of Wealth-X’s billionaire census of 55%. Harvard billionaires also have an average net worth of $4.7 billion, which is "substantially higher than the global average" for billionaires, according to the report.
Some notable Harvard billionaire grads, including Bill Ackman, head of hedge fund Pershing Square (BA/MBA ’92, worth $1.4 billion), and Meg Whitman, CEO of Hewlett-Packard (MBA ’79, worth $2.6 billion), aren’t nearly rich enough to crack this list’s top 10. On the other hand, two famous Harvard dropouts are wealthier than any of the Harvard students who hung around long enough to earn degrees: Bill Gates, the richest man in the world, is now worth $89.2 billion, while Facebook founder Mark Zuckerberg is worth $64.2 billion.
Here’s the list of Harvard’s top 10 richest alumni.
10. Carlos Alberto Sicupira
Sicupira (MBA ’84) is one of the founding partners of 3G Capital. His net worth is estimated at $9.4 billion.
9. Ernesto Bertarelli
Bertarelli (MBA ’93) is the chairman of Waypoint Capital, and part of the wealthy family that owned Serona, the biotech giant that was sold to Merck in 2007 for $9 billion. His net worth is estimated at $9.6 billion.
8. Stephen Schwarzman
Schwarzman (MBA ’72) is chairman, CEO, and co-founder of the global asset management firm the Blackstone Group. His net worth is estimated at $10.9 billion.
7. George Kaiser
Kaiser (BA ’64, MBA ’66) is the president, CEO, and primary owner of GBK Corp., an oil and gas company that is based in Oklahoma. His net worth is estimated at $11.5 billion.
6. Hansjörg Wyss
Wyss (MBA ’65) is a native of Switzerland who now lives in Wyoming and serves as chairman of the Wyss Foundation, a philanthropic group devoted to medicine, education, the arts, and land preservation, among other things. His net worth is estimated at $13 billion.
5. Ray Dalio
Dalio (MBA ’73) is the chairman and founder of Bridgewater Associates, one of the world’s biggest hedge funds. His net worth is estimated at $16.3 billion.
4. Len Blavatnik
Blavatnik (MBA ’89) is the founder and chairman of Access Industries, which has interests in natural resources, media, venture capital, and real estate around the globe. His net worth is estimated at $17.3 billion.
3. Jorge Paulo Lemann
Lemann (BA ’61) is director and one of the founding partners of 3G Capital. His net worth is estimated at $28.8 billion.
2. Steve Ballmer
Ballmer (BA ’77) is the former CEO of Microsoft and current owner of the NBA’s Los Angeles Clippers. His net worth is estimated at $31.9 billion.
1. Michael Bloomberg
Bloomberg (MBA ’66) is the founder, CEO, and president of Bloomberg and the former three-term mayor of New York City. His net worth is estimated at $45.4 billion.