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Harvard, Boston, UCLA: which US university are producing the most female billionaires in the world?

Harvard takes the top spot on the US and global lists of universities with the greatest number of ultra-high-net-worth (UHNW) alumni (13,650). However, women comprise only 7 per cent of its UHNW population. Photo: Getty Images/ AFP
Harvard takes the top spot on the US and global lists of universities with the greatest number of ultra-high-net-worth (UHNW) alumni (13,650). However, women comprise only 7 per cent of its UHNW population. Photo: Getty Images/ AFP

Wealth-X study focused on ultra-high-net-worth individuals worth at least US$30 million and sought to find out which American universities have the most women among those alumni

In July, Wealth-X released its findings on which US colleges have produced the most millionaires.

The study focused on those alumni deemed to be ultra-high-net-worth (UHNW) individuals, meaning those with fortunes of at least US$30 million. The report analysed the Wealth-X database of the world’s wealthiest people and used Wealth-X’s Wealth and Investable Assets Model to estimate the number of UHNW alumni and their fortunes.  

The report concluded that globally, the US tops the list of nations with the most universities producing UHNW graduates. The top institution, globally and nationally, is Harvard, which was found to have about 13,650 UHNW alumni – more than twice the amount of Stanford and the University of Pennsylvania, which respectively ranked No 2 and No 3 on the US and global lists.

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However, only 7 per cent of Harvard’s estimated 13,650 UHNW alumni are women, compared to Boston University, where women make up 12 per cent of that school’s UHNW alumni.

In addition, the Wealth-X study found that while most UHNW women on the list are considered to be “self-made”, more of them, compared to their male counterparts, obtained their wealth through inheritance, or a combination of inherited wealth and self-made efforts. For example, 43 per cent of New York University’s UHNW women inherited their wealth, compared to only 8 per cent of that school’s UHNW men.

Keep reading to find out which American universities have the most women among their UHNW alumni.

University of Notre Dame

The University of Notre Dame du Lac. Photo: Gensler
The University of Notre Dame du Lac. Photo: Gensler

The University of Notre Dame du Lac in Notre Dame, Indiana, has 2,085 UHNW alumni. Only 4 per cent are women.

University of Pennsylvania

Photo: University of Pennsylvania/Facebook
Photo: University of Pennsylvania/Facebook