University of Oxford comes in fourth place, beating University of Cambridge in eleventh, while University of London (12), London School of Economics (31) and Imperial College (50) also make the list.
The University of Manchester is among the best fifty universities in the world for producing millionaire alumni, ranking in thirty-seventh position.
Overall the United States dominates the list, with thirty-one of the top fifty universities for producing millionaire alumni being based in the country.
Harvard University tops the list as number one producer of millionaires, followed by the University of Pennsylvania (2), Stanford University (3), University of Oxford (4), and the University of California, Berkeley (5).
Australia follows behind the UK with four universities, including two in Melbourne and two in Sydney.
Mexico and Ireland both made the list with Instituto Tecnologico de Estudios Superiores de Monterrey (ITESM) at number thirty-six and Trinity College at forty seven.
Commenting on the findings, Head of WealthInsight, Oliver Williams said: “Though the US far outnumbers the UK by sheer volume of millionaires, ranking second on this list by number of institutions is telling of the prowess that the UK’s universities have globally.
“Oxford and Cambridge are household names for academic brilliance the world over, and while not all their graduates go onto earn their millions, these universities do provide fertile recruiting grounds for some of the world’s leading corporations.
Below find twenty of the top fifty universities for producing millionaire alumni.
Rank |
University |
Country |
City |
1 |
Harvard University |
USA |
Cambridge |
2 |
University of Pennsylvania |
USA |
Philadelphia |
3 |
Stanford University |
USA |
Stanford |
4 |
Oxford University |
UK |
Oxford |
5 |
University of California, Berkeley |
USA |
Berkeley |
6 |
University of Texas |
USA |
Austin |
7 |
Cornell University |
USA |
Ithaca |
8 |
Princeton University |
USA |
Princeton |
9 |
Yale University |
USA |
New Haven |
10 |
University of Michigan |
USA |
Ann Arbor |
11 |
Cambridge University |
UK |
Cambridge |
12 |
University of London |
UK |
London |
13 |
California State University |
USA |
Los Angeles |
14 |
Ecole Polytechnique |
France |
Palaiseau |
15 |
New York University |
USA |
New York |
16 |
Columbia University |
USA |
New York |
17 |
Massachusetts Institute of Technology |
USA |
Boston |
18 |
Southern California University |
USA |
Los Angeles |
19 |
Dartmouth College |
USA |
Hanover |
20 |
University of Wisconsin |
USA |
Madison |