The California Institute of Technology is a private research university established in 1891. With an endowment of $39,427,896,000, Harvard tops the list of the wealthiest universities in North America. Endowments are not often set up to support financial aid for students. The late family patriarch, Edward L. Gaylord, is credited with shaping Oklahoma into a deep-red state by making family media properties organs for conservative viewpoints. Northwestern has 2,725 UHNW alumni, with 72% of them considered "self-made.". statistic alerts) please log in with your personal account. This percentage ties University of Virginia with University of Chicago as the institution with the highest percentage of self-made UHNW alumni. Annual Research Expenditures:$421,360,000. Cornell University has 2,245 UHNW alumni, with 74% being deemed "self-made.". The college was created with the intent of bringing a New England-style liberal arts school to southern California. Other alumni include writers and essayists such as Arthur Miller and Susan Orlean, as well as a cadre of professional athletes. Its endowment includes massive boosts from alumni donations, such as a $400 million gift in 2016 from Phil Knight, co-founder of Nike and graduate of the Stanford Business School. In 2019 UVA received its largest donation ever of $120 million from investor Jaffray Woodriff. A major LSU benefactor, Bernhard was once named the Tiger booster organizations Member of the Year. He is also a prolific Democratic donornotably, he gave $100,000 to Virginia Gov. The Gamecocks new $8.5 million athletics center is in Rices name, and coach Steve Spurrier reportedly flew to the Bahamas with Rice on his private plane, and vacationed on Rices yacht. February 19, 2022. calif@nd.edu. Though it has humble beginnings as Browns Schoolhouse, what is now known as Duke University benefited immensely from donations. Terry McAuliffeand was briefly a candidate for the Secretary of Energy post in President Obamas cabinet. Stanford University ranks #9 among highest annual research expenditures. The real estate billionaire grew up poor and earned a scholarship to Stanford as a basketball player. For the current year, Notre Dames published tuition and fees run $58,843, and its average room and board charge is $16,304. Global top 10 universities by number of billionaire alumni per Wealth-X 2018 [2] [ edit] Rank. In 2013, he gave an $8.3 million gift to the schools athletic program. More commonly known simply as Columbia, Columbia University in the City of New York is a private, Ivy League research university, and one of the nine colonial colleges. Davis is COO of Core Laboratories, which assesses oil reserves and provides earth analysis for the energy industry, pulling in $1 billion per year. Meanwhile, Brown and Dartmouth are the only Ivy universities that dont make the list at all. The university regularly receives a great deal of donation money, including $400 million in 2007 from John W. Kluge, for student aid. The University of Washington ranks #5 among highest annual research expenditures. Almost half the universitys billionaire cohort is from outside the US. Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022, Profit from additional features with an Employee Account. 4 on the list of institutions with the highest percentage of international UHNW in their alumni population, with 73% of Berkeley's UHNW alumni originating in the US and 27% originating from abroad. Annual Research Expenditures: $952,017,000. University of Miami has 1,410 UHNW alumni, with 70% being deemed "self-made.". (The Sooners football stadium is the Gaylord Family Oklahoma Memorial Stadium.) Among them is the wealthiest graduate in the world, Warren Buffett, who graduated with a masters degree in economics in 1951. 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. In 2012, Georgia Tech received its largest single donation of $50 million from alum Ernest Scheller Jr. Initially founded by Methodists and Quakers, the university is now nonsectarian (and is still recognized as having a high-quality divinity program). "The 20 richest colleges in the United States in fiscal year 2021, by endowment fund market value (in billion U.S. How Will It Affect Your Family? If you want to find out how wealthy the University of Notre Dame is, you dont need to go beyond its main building! 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. Beyond academics, UMichigan is famous for its Wolverines athletic teams, especially in football. UCLA: Jim Collins Ohio State: Les Wexner Additionally, university endowments improve academic quality by enabling the institution to create cutting-edge teaching methods, support faculty and student research, and support new fields of study. Graduates from NUS have gone on to become Singaporean prime ministers and presidents, as well as high-ranking officials in the WHO and UN Security Council. Purdue University consistently receives significant amounts of donation money through its fundraising campaigns, pulling in a record $451 million in 2018. Ranked: The Largest Bond Markets in the World. #7. The largest donation made to Rice University came in 2015 by way of venture capitalist John Doerr, a sum of $50 million. Established in 1764, Brown University is a private research university, and one of the nine original colonial colleges that predate the American Revolution. Top editors give you the stories you want delivered right to your inbox each weekday. 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. Sign up for the free Mother Jones Daily newsletter and follow the news that matters. However, USC ranks No. Wexner is the former CEO of L Brands (which includes Victorias Secret) and has owned and sold several other retail outlets in his career. Established in 1830, the University of Richmond is a private liberal arts university. Hes also an active political giver, usually supporting Missouri Democrats. On that note, Notre Dame is well known for its Division I athletics teams (especially in football), collectively named the Fighting Irish. Such alumni have certainly been beneficial to the university; in 2017 it received its largest donation ever, a sum of $100 million from Kenneth Ricci. New York University is a private research university established in 1831 in the Greenwich Village neighborhood of New York City. Its immediately noticeable that a majority of universities on the list are located in the United States, with a high concentration on the East Coastincluding the elite Ivy League. WebConboy, Missy B.A. Rochester is known for top-tier research in engineering and the medical sciences, and offers well-ranked programs through its William E. Simon Graduate School of Business Administration, Hajim School of Engineering and Applied Sciences, and Medical Center. Accordingly, the university is highly regarded for its Dwight Look College of Engineering. Which college should you attend if you want to make lots of money? Texas A&M: Monty Davis 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. University. We have been crunching the numbers, and the results are in. It was founded in 1836 by the Methodist Episcopal Church and named to honor John Emory, a Methodist Bishop. 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. Business Solutions including all features. The FDIC is suing him over allegations that he presided over predatory lending practices while he was chairman of Buckhead Community Bank in Atlanta. 1959, former president, State University of New York - Binghamton Conroy, 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. University of Michigan has 1,970 UHNW alumni, with 78% being deemed "self-made.". Notable UMinn alumni include Walter Mondale and Bob Dylan. In 2019 BU wrapped up a seven-year fundraising campaign that drew $1.85 billion. He amassed 10 career interceptions, including six alone in 2020. Secchia, who made a fortune in the lumber industry, is a prominent Republican Party leader and fundraiser. The student-athlete center in Chapel Hill, to which Loudermilk donated $7.5 million, is named for him. Copyright 2018-2023 AcademicInfluence.com | AllRightsReserved | v26. A two-week lag time in reporting discharged patients from NHS services may also be contributing to this low number. John I. Jenkins, C.S.C., in the universitys annnouncement of the gift. Hes been successfully sued by everyone from the Securities and Exchange Commission to his own shareholders over accounting fraud, and once physically attacked a critic. Nebraskas new football training facility is named after him, and he and his son donated generously to the Huskers new basketball facility. Baylor: Drayton McLane Jr. 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. Upcoming engagement eventswhich are open to all members of the Notre Dame family, including alumni, students, parents, and friendsare listed on the Notre Dame California calendar. Originally founded as the Farmers High School of Pennsylvania, the institution initially focused squarely on agricultural studies, and gradually expanded its offerings over time, with some expansion (of campus and programs) made possible by the Morrill Land-Grand Acts of 1862. Unlike some of the other, older institutions on this list, Princeton has relocated; twice, in fact, taking its current name in 1896, 150 years after its founding. Seeking only That talented squad outscored Today, the university is still highly regarded for its commitment to research, especially in the medical sciences, but also in space sciences. Because they love their alma mater and wanted a platform to leverage the collective strength of their 16 California Notre Dame clubs in an even more unified manner. 2 on the list of institutions with the highest percentage of international UHNW alumni, with 34% of their UHNW alumni originating from abroad. In addition, the alumni figures are based on the actual known UHNW individuals from each university, then projected based on the sample size to predict total alumni within the global UHNW population. Established in 1863, Boston College is a private, Jesuit research university. The university is best known for its Stern School of Business, School of Law, School of Medicine, and Silver School of Social Work. Pomona College is a private liberal arts college established in 1887 by Congregationalists. 75% of those alumni are considered to be "self-made. This website uses cookies to enhance the user experience. This site is protected by reCAPTCHA and the Google Privacy Policy and UC Berkeley ranks No. Washington University in St. Louis is a private research university established in 1853. Incidentally, Rice was murdered in an attempt to steal away his fortune through a false will conspiracy. The university is well known for excelling in a range of fields, from public health and medicine, to nuclear physics and artificial intelligence, to drama and journalism (125 Pulitzer Prize winners are associated with Columbia). Michigan State: Peter Secchia Cornell University ranks #12 among highest annual research expenditures. 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. Timeline: Cannabis Legislation in the U.S. Visualizing the Relationship Between Cancer and Lifespan, Global EV Production: BYD Surpasses Tesla. Considering Notre Dame alumni can be found at both industry leaders (e.g., Stryker, KPMG, Encore Aerospace) and venture capital firms funding the next round of innovation (e.g., PivotNorth Capital, Glynn Capital Management, Accel Partners), this is a powerful network for students to tap into. Chart: Automakers Adoption of Fuel-Saving Technologies, Explainer: What to Know About the Ohio Train Derailment, Infographic: 11 Tech Trends to Watch in 2023. The richest universities in North America are mostly Ivy League and the United States oldest universities. The universitys original name was Kings College; the name was changed in 1784 following the revolution. Stanfords highest-ranked alumnus is Google co-founder Larry Page, who holds both a masters and PhD-level qualification from the institution. Its flagship institution, located in College Station, boasts one of the largest student enrollments in the country, nearing 60,000. McLane has been a prolific donor to conservative super-PACs and Republican committees. Rice University is 252nd in the world, 111th in North America, and 105th in the United States by aggregated alumni prominence. Profit from the additional features of your individual account. Penn State is known for research in areas including psychology, earth and mineral science, applied sciences, and projects with the Department of Defense. Harvard University 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 Johns Hopkins University has benefited immensely from the generosity of donors. The university has benefited greatly from donor gifts, and tallied $3.378 billion from 2012-2018 through its Leading Togethercampaign. Since 1996, hes donated more than $20 million to the school and paid $5 million to secure naming rights to the football stadium, Papa Johns Cardinal Stadium. This list profiles the 100 richest universities in North America, based on annual endowment figures published by the NACUBO-TIAA Study of Endowments. Some 53 per cent of those represented hold an undergraduate qualification, compared with 6.7 per cent worldwide. Every year, Pennsylvania State University benefits from generous donations, and had a record year in 2017-18, pulling in $362.9 million. There are many types of college endowments, which are a collection of tax-exempt gifts and investments used to further an institutions mission. His estimated worth is $4.5 billion. However, 89% of Yale's UHNW population are from the US, while only 11% come from abroad. The University of Minnesota is a public research university that encompasses a five campus system; its flagship campus is in the Twin Cities. The University of Minnesota ranks # 16 among highest annual research expenditures. Samuel L. Jackson. It's us but for your ears. Beyond academics, IU is famous for its Hoosiers athletic teams. Notable alumni names include Robert Frost, Dr. Theodor Seuss Geisel (yes, that one), Mindy Kaling, and Daniel Webster. Dating back to its agricultural origins, MSU is known for research in areas including hybrid corn and the homogenization of milk, as well as for research in areas such as cancer drugs, particle accelerators, and galaxy formation. Listen on Apple Podcasts. MSU is also home to the Spartans athletic teams. as well as other partner offers and accept our, Visit Business Insider's homepage for more stories, which US colleges have produced the most millionaires, Some private colleges are advertising price cuts on their full-price tuition and it's just one way that college is a whole different game for the ultra-wealthy, Massachusetts Institute of Technology (MIT)/Facebook, On the US list, only five out of the 20 institutions listed are, University of Chicago and University of Virginia share the distinction of having the most UHNW alumni with. It is often considered one of the top liberal arts colleges in the country, and even supports non-traditional students through its Elisabeth Kaiser Davis Degree Program. Estimated ultra-high Fath has a long history of service to Notre Dame, including serving as a member of the Notre Dame Law School Advisory Council since 2000. In 2018, the university received the largest individual donation ever made to a single university in the U.S. from former New York mayor Mike Bloomberg, a whopping $1.8 billion. 8. Annual Research Expenditures:$921,681,000.