Annual Research Expenditures: $212,823,000. The University of Michigan in Ann Arbor ranks #2 among highest annual research expenditures. Despite low COVID-19 related recoveries, mobility rates of countries in this quadrant remain higher than average. 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. Annual Research Expenditures: $754,462,000. It was the first biomedical institute in the U.S., and its campus includes the Rockefeller University Hospital. Rochester owes much of its growth to donations in the first quarter of the 20th century from John D. Rockefeller and George Eastman especially, who donated plenty in life and also left his entire estate (around $100 million) to the university upon his death. Linda and I are honored to be able to make this gift to the University of Notre Dame, a place that is run with integrity and espouses the right kind of values, Harry Fath said. Berkeleys wealthiest alumni include Gordon Moore, Intel cofounder, and Timothy Springer, an immunologist, Harvard Medical School professor and founding (Note that all UHNW alumni population figures and self-made wealth percentages are estimates from Wealth-X. His estimated worth is $4.5 billion. Today, Duke is known for its Fuqua School of Business, School of Law, and Pratt School of Engineering, as well as its highly successful mens basketball team. According to the university, almost 70% of Notre Dame students receive some type of financial aid, with the average scholarship valued at $50,500. Dollars). The University of Notre Dame will devote all of its largest-ever private gift to financial aid for [+] undergraduate students. It was initially founded by Baptists as a school of ministry, a focus which it has since dropped. 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. Northwestern has 2,725 UHNW alumni, with 72% of them considered "self-made.". However, 89% of Yale's UHNW population are from the US, while only 11% come from abroad. statistic alerts) please log in with your personal account. 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. Michigan State: Peter Secchia Fulton, a self-made real estate magnate, is one of the most generous philanthropists in the West. Like its Ivy League brethren, Yale is highly regarded in a wide range of fields, especially for its Law School and School of Medicine, and its alumni often go on to be successful and high-earners, if not also famous and influential. Dartmouth College, a private Ivy League research university, was established in 1769, and is one of the nine original colonial colleges to predate the Revolution. Enter the loyal booster. In 2011, UPitt received its largest donation ever from alum William S. Dietrich II, a sum of $125 million. In fact, Columbia University is the origin site for much of the research that went into the Manhattan Project. Based in the city of Ithaca, New York, Cornell University is one of three in the top six to contribute nine alumni to our ranking. All Rights Reserved. Tim Murphy, Ian Gordon, Tasneem Raja, and Sarah Zhang. Annual Research Expenditures: $167,277,000. The University of California System is a public college system composed of 10 distinct institutions. It is well known for its College of Engineering, Law School, College of Engineering, and Stephen M. Ross School of Business. In 2016, the university wrapped up its largest fundraising campaign ever, pulling in $1.368 billion. Emorys distinguished faculty list includes figures such as author Salman Rushdie, poet Natasha Tretheway, President Jimmy Carter, President Desmond Tutu, and the 14th Dalai Lama. This is a BETA experience. And even though there's zero cushion to miss the mark, we won't be all that in your face about our fundraising again until June. Copyright 2023 John I. Jenkins, C.S.C., in the universitys annnouncement of the gift. It's us but for your ears. 1916), professor of botany, Northwestern University Joyce Chaplin (B.A. MIT ranks #13 among highest annual research expenditures. He played baseball on scholarship there and went on to a brief professional career, playing in the Philadelphia Phillies organization in the 1960s. In total, graduates represent more than 3.4 trillion worth of personal wealth in the Forbes 500 rich list. A Baylor grad and native Texan, McLane made his fortune through McLane Company, a family business he built into an international food-service conglomerate that he sold to friend Sam Walton for $50 million, plus loads of Walmart stock. Secchia, who made a fortune in the lumber industry, is a prominent Republican Party leader and fundraiser. However, the original curriculum was notably rigorous, with thorough scientific and liberal arts components, as well as three hours of required manual labor daily. Columbia claims a long list of notable, influential, and famous alumni and faculty, including five founding fathers, three U.S. presidents, 29 foreign heads of state, 10 supreme court justices, and 96 Nobel Laureates. *. Hughes built Public Storage, the largest self-storage company in the United States, from a single facility. While this list is primarily concerned with graduates, there are a number of famous dropouts from the prestigious institution, such as the previously-mentioned billionaire investor Warren Buffet. He played forward on the basketball team during his time at Mizzou, and after making his millions in the yearbook biz, Walsworth has given back generously. Where the top 10 richest people with a degree went to school: London School of Economics and Political Science, National University of Science and Technology, Financial University under the Government of the Russian Federation, Vienna University of Economics and Business, Russian Presidential Academy of National Economy and Public Administration, University of Electronic Science and Technology of China, University of Illinois at UrbanaChampaign, Gubkin Russian State University of Oil and Gas, Ivane Javakhishvili Tbilisi State University, University of Illinois at Urbana-Champaign, Rutgers, the State University of New Jersey, Read next: the best universities in the world, Read next:the best universities in the world for graduate employability, Total wealth of billionaire graduates (billions), Average wealth per billionaire graduate (billions), Moscow State Institute of International Relations, Moscow State University of Railway Engineering, Leningrad Engineering-Economical Institute, Moscow Transportation Engineering Institute, Moscow Institute of Physics and Technology, cole Nationale Suprieure du Ptrole et des Moteurs, Russian State University of Physical Education, Sport, Youth and Tourism, Beijing University of Aeronautics and Astronautics, International Institute for Management Development. Oregon: Phil Knight Established in 1861, the University of Washington is a public research university with its main campus in Seattle. NACUBO. The pizza baron, reportedly worth $600 million, has donated millions to conservative causes, hosted Romney fundraisers and is linked closely to the Koch brothers. Its founding date puts it among the oldest private universities in the country. 8. Notre Dame alumnimore than 7,000 strong in Californiaarent just excited to have us How do you get rich? The university was founded by The First Baptist Church of Hamilton to train clergy, and traces the start of its endowment to a $10,000 donation. 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. Larry Ellison, the co-founder of Oracle, who sits in seventh place on the Forbes list, is another, while the worlds second-richest man, Spanish business magnate Amancio Ortega, dropped out of school at the age of 14. Thats why thousands of students flock to top-tier universities around the world, hoping to translate their degrees into financial outcomes. Thanks to successful fundraising campaigns in the last two decades, the university has climbed its way back up in the ranks, but is certainly not at its former glory. Declaration of Independence. Every year, Pennsylvania State University benefits from generous donations, and had a record year in 2017-18, pulling in $362.9 million. Per Rices original charter, the university was tuition-free until 1964 (though it was also strictly segregated). BU is especially well known for its School of Medicine, as well as its School of Law, School of Management, and College of Engineering. The Cook Group's world headquarters in located in Bloomington. Northwestern University ranks #27 among highest annual research expenditures. 8. With a low 0.05% recovery rate, the United Kingdom has no immediate plans to reopen. 9. A devout Mormon, Fulton allegedly used his clout with the university to shut down the hiring of a scholar critical of the church. The Power Of Innovation At Hispanic Serving Institutions, Gifts Totaling $100 Million Go To George Mason University, Rowan University, And Taylor University. The private university, though founded and initially run by clergymen, is now secular. Cornell consists of seven undergraduate colleges and seven graduate divisions, of which the S.C. Johnson Graduate School of Management, the College of Engineering, and the Weill Cornell Medical College are particularly well regarded. Annual Research Expenditures: $652,187,000. The university maintains high research status through its Research Park, especially in supercomputing; in fact, UofI was a 2nd-generation ARPAnet site (the technology that led to the development of the internet as we know it today). Clemson: Thomas Chapman Other alumni include writers and essayists such as Arthur Miller and Susan Orlean, as well as a cadre of professional athletes. Learn more about how Statista can support your business. The University boasts an impressive resume of faculty and alumni, which include 20 Nobel Prize Laureates, 13 Turing Award winners, and 10 Academy Award winners, and notable names such as James Gosling (the inventor of the Java coding language) and Andy Warhol. A combination of both self-made and inherited wealth sources are also common for UHNW alumniand its not a stretch to say that it helped them pay off debts before focusing on their wealth creation. The university is best known for its Stern School of Business, School of Law, School of Medicine, and Silver School of Social Work. It is a founding member of the Claremont Colleges Consortium, which, like other college consortiums, allows students to easily take courses at other member institutions. Harvards largest donation ever came from John A. Paulson in 2015, a sum of $400 million. Nike has been criticized for decades for its questionable manufacturing practicesincluding child labor, low pay, and worker abuseand Knight has (sort of) owned up to it, though he tends to plead ignorance and shift blame to overseas contractors. Stanfords highest-ranked alumnus is Google co-founder Larry Page, who holds both a masters and PhD-level qualification from the institution. Its alumni and faculty list includes 96 Nobel laureates and 26 Turing Award winners. Campaign staff: 315, including 133 fundraisers. Its no secret that it takes a lot of money to run a successful university. 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. UChicago has benefitted from generous donations from the start, and continues to do so, with recent donations including $100 million to the School of Medicine in 2017, and $125 million from Ken Griffin in 2018 to the Economics department. The U.S. also sits in this quadrant with over 1.7 million cases and counting. Dunlap retired in Ocala, Florida, and he and his wife have given $15 million to Seminole athletic facilities. This ties U-Chicago with the University of Virginia for the highest percentage of self-made UHNW alumni. The Urbana-Champaign campus (so named after the twin cities of Urbana and Champaign) is the flagship campus of the University of Illinois System. 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. Coming in at No. Initially named the Eliot Seminary, the institution changed its name in 1854 to honor former president George Washington (and because William Greenleaf Eliot, its original namesake, was uncomfortable having a college named after him). Though it has humble beginnings as Browns Schoolhouse, what is now known as Duke University benefited immensely from donations. The FDIC is suing him over allegations that he presided over predatory lending practices while he was chairman of Buckhead Community Bank in Atlanta. The University of Southern California ranks #25 for highest annual research expenditures. The Georgia Institute of Technology (commonly Georgia Tech) is a public research university established in 1885. With 13,650 UHNW alumni, Harvard ranks as No. Seven of the systems ten campuses are members of the Association of American Universities, and the system boasts faculty and alumni that include nearly 400 members of the Academy of Arts and Sciences, and 61 Nobel Laureates. The Rockefeller University claims 27 Nobel Laureates among its faculty and alumni. The highest non-American institution is the University of Oxford, coming in at joint 12thalongside two American institutions, with four billionaire alumni. With a new fall term just around the corner, todays chart relies on the third annual Wealth-X report ranking of global universities with the most ultra-high net worth (UHNW) alumni. WebUniversity of Notre Dame: $13.1 Billion A charming campus located in South Bend, Indiana, University of Notre Dame is a private Catholic institution that was founded in 1842. With that in mind, lets dive in. myNotreDame | Home of the Notre Dame Alumni Association Skip UCLA has 1,945 UHNW alumni, with 79% being deemed "self-made.". It adopted its current name in tribute to its early benefactor, Cornelius Vanderbilt, who gave the then-struggling school a $500,000 endowment in 1878; it also later split with the Methodist Church, and remains secular today. Its not a comprehensive listin fact, feel free to add more boosters in the commentsbut we tried to pull together some of college sports biggest names, a colorful and diverse crowd of folks with common traits: Theyre all very rich, theyre all very powerful, and theyre treated with the deference reserved for university presidents and pro team owners. In this case, however, it means hundreds of thousands of acres of Texas land that is leased for oil, gas, and surface rights, as one might expect in Texas. In 2012, Georgia Tech received its largest single donation of $50 million from alum Ernest Scheller Jr. Among its alumni and faculty, UCLA boasts 24 Nobel Laureates, three field medalists, five Turing Award winners, and 55 members of the National Academy of Science. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Show sources information Annual Research Expenditures:$864,327,000. Annual Research Expenditures:$540,421,000. Top six universities for producing billionaires 1. 1959, former president, State University of New York - Binghamton Conroy, He has said that college athletes should get paid a small stipend, and hes been a major donor to House Speaker John Boehner. MSU is also home to the Spartans athletic teams. Ole Miss: Robert Dunlap Today, the university is still highly regarded for its commitment to research, especially in the medical sciences, but also in space sciences. The University of Chicago has 2,405 UHNW alumni, with 84% of their UHNW alumni deemed to be "self-made." Students will be provided with more substantial financial aid alternatives as the university draws in more contributors. Nebraskas new football training facility is named after him, and he and his son donated generously to the Huskers new basketball facility. Established in 1839, Boston University is a private research university. Why? The 6-4, 240-pound pass rusher was a huge part of a 12-1 Simeon squad that finished off the season with a 33-30 victory over Fenwick. UPitt is well recognized for research contributions in the biomedical sciences, especially through the University of PIttsburgh Cancer Institute, but also in areas such as cognition, and supercomputing. He is also a major donor to Republican and nonpartisan Nebraska politicians. University of Miami has 1,410 UHNW alumni, with 70% being deemed "self-made.". In the United Kingdom, Cambridge, Oxford, and the London School of A two-week lag time in reporting discharged patients from NHS services may also be contributing to this low number. It is also home to the George H.W. UW is considered a Public Ivy, and its alumni and faculty list include 25 Nobel Laureates as well as CEOs of Fortune 500 companies. And we hope you might consider pitching in before moving on to whatever it is you're about to do next. 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. Faculty, Staff & Students: sign in through Okta with your campus credentials. Stanford University ranks #9 among highest annual research expenditures. Cornell University has 2,245 UHNW alumni, with 74% being deemed "self-made.". The university is also well known for its Peabody College of Education and Human Development, Owen Graduate School of Management, School of Engineering, Law School, School of Medicine, and School of Nursing. 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. WebThe Notre Dame Club of Los Angeles hosts a Universal Notre Dame (UND) Celebration event. You might know Schnatter better as the Papa behind Papa Johns, the pizza chain he founded in 1984. The University of California was established in 1868 in Oakland before moving to Berkely; the system underwent a reorganization in 1951, separating the system from the Berkely campus. All in all, Columbia graduates are worth more than $170 billion barely half that of Harvard, but still more than Algerias entire GDP. Its alumni list includes 12 Nobel prize winners. The money can also reduce the gender wage gap, which still exists in even the most famous and forward-thinking organizations. 15. Arnold Schwarzenegger. Harry Fath graduated from Notre Dame in 1963. Harvard University comes out on top of our ranking with 35 alumni, totalling $309 billion (249 billion) in combined net worth more than the entire gross domestic product of the Republic of Ireland. Chart. Access your favorite topics in a personalized feed while you're on the go. Annual Research Expenditures:$642,084,000. If youre shopping for which university to attend, its worth taking into account how much wealth it has to its name. Timeline: Cannabis Legislation in the U.S. Visualizing the Relationship Between Cancer and Lifespan, Global EV Production: BYD Surpasses Tesla. Are you interested in testing our business solutions? As an Ivy League institution, Princeton is regarded among the best in the world, for its School of Engineering and Applied Science and Woodrow Wilson School of Public and International Affairs in particular. Perhaps the biggest beef man in a beefy state, Vanier served for 26 years on the board of agribusiness giant Archer Daniels Midland, which was the subject of a historic price-fixing suit in 1993. 2. In 2018, MSU received its largest single donation ever of $30 million from alum Edward J. Minskoff. 82% of University of Michigan's UHNW alumni are from the US, while only 18% originated from abroad. These funds are designated for certain areas only. Chapman is the former CEO and chairman of Equifax, one of Americas largest credit agencies. The Gaylord family as a whole has donated more than $80 million to the university, including $18 million to athletic programs. UPitts alumni list includes Nobel Laureates, Pulitzer Prize winners, and american politicians, as well as sports greats like Mike Ditka, Dan Marino, and Tony Dorsett. Among its faculty and alumni, UW counts seven Nobel Laureates, and 67 members of the American Academy of Arts and Sciences; notable names include Bruce Lee, Kenny G, and Joel McHale. Notable alumni include Keegan Michael Key, Adam McKay, Mark Parker, and Bruce Banner (in the Marvel Multiverse). Login. Annual Research Expenditures:$421,360,000. The university has benefited from many generous alumni donations, including $100 million in 2015 from Roberta Buffett Elliott. Stine, George Steinbrenner, and Larry Sanger (a co-founder of Wikipedia). 84% of Princeton's UHNW alumni are from the US, while only 16% come from abroad. A significant source of the UT systems wealth comes from land ownership and investment, as is the case with most colleges.