Because a good education costs a lot of money and parents invest small fortunes to give their children the best possible start in their careers, college performance is as important a consideration as the quality of education. Nearly one-fifth (17.1%) of the world’s individuals with liquid investment assets of USD 100 million or more were educated at just 10 universities around the world, as data from the Top 10 Centimillionaire Universities reveals. I am receiving
Table 1. Universities with the most millionaire graduates
Note:
“Centimillionaire” refers to an individual with liquid investable assets of US$100 million or more. Numbers for December 2023.
Source: New World Wealth
Ivy League universities win gold, silver and bronze
Seven of the top 10 universities in the United States for the number of graduates who have become centimillionaires, or “centees,” are in the United States. These premier American institutions account for 13.3% of the world’s centimillionaire population, led by three Ivy League universities. Harvard University ranks first with 3.6% of the world’s centimillionaires graduating, Stanford University ranks second with 2.2% of the world’s centmillionaires graduating, and the University of Pennsylvania ranks third with 1.9%.
The other four US universities in the top 10 are Massachusetts Institute of Technology (MIT) in 4th place with 1.7% of the world’s billionaires, Yale University in 6th place with 1.6%, and Princeton University in 1.2% and Columbia University, 9th with 1.1%.
Two top UK universities
The UK’s two top 10 universities together account for 2.9% of the world’s billionaires. The University of Oxford is ranked 5th with 1.6% of the world’s centimillionaires passing through its halls (highest in the UK) and Cambridge University is 7th with 1.3% of the world’s centimillionaires passing through its halls. I’m doing it. Graduate.
France’s INSEAD compiles the top 10
France has one university in the top 10, INSEAD, whose past students account for 0.9% of the world’s billionaire population. This prestigious business school has over 66,000 alumni from 169 countries based in 180 countries, and students from 70 countries for the MBA degree.
Notable universities
In addition to the historic institutions in the top 10, five universities show significant growth potential in terms of centimillionaire percentage of graduates.
Switzerland boasts that the University of St. Gallen and IMD Business School together account for more than 0.4% of the world’s billionaires. The University of St. Gallen’s alumni organization has over 42,000 members and IMD has a strong network of over 130,000 alumni in over 180 countries.
Three other universities around the world are the National University of Singapore, the University of Toronto in Canada, and the University of Melbourne in Australia. Among them are dozens of successful alumni in various fields, including multiple Presidents of Singapore, Prime Minister of Canada, and Governor-General of Australia.
There are few potential customers without residency rights.
Data collected by Study.eu found that 36% of the world’s top CEOs have studied abroad, and 66% have a master’s or doctoral degree. The value of international education and its impact on earning potential is clear. Examples of this include former US President Bill Clinton being one of Oxford University’s most famous alumni, the late Ghanaian diplomat and former United Nations Secretary-General Kofi Annan, who studied at the Massachusetts Institute of Technology and the Danish Lego・He is the CEO and president of the group. Businessman Niels B. Christiansen is one of INSEAD’s success stories.
For global families, it is important to consider graduate school opportunities for their children so that they can fully benefit from attending a great educational institution. After all, whether you become a new millionaire after attending one of these prestigious universities may depend on whether you can continue to live and work in the country.
International students without residency or citizenship take an average of 60 days after graduation before they need to return to their home country. While there are efforts to provide international students with certain degrees the opportunity to find sponsors and receive training that could lead to full employment (one example being optional practical training in the US), this is not guaranteed. It’s far from what it was.
Secure your child’s lifelong opportunities through investment migration
Competition for admission to top universities is fierce. In terms of the number of graduates who become millionaires, Harvard remains by far the most successful, with 1,053 graduating in 2024. Undoubtedly, having successful alumni increases Harvard University’s reputation and explains the demand and competition among students applying to these university centers. Excellence is even more pronounced among international students. In the 2028 admitting class, there were 54,008 applicants for 1,974 spots at Harvard, of which only 16.7% were given to international students.
However, by planning ahead, parents and grandparents with sufficient resources can secure residency and citizenship rights in educational hotspots by the time their children and grandchildren attend school or university. You can start the acquisition process early. Countries with excellent educational institutions such as Australia, Canada, the United Kingdom, and the United States, to name a few, offer investment migration options for wealthy, talented, and entrepreneurial parents, and Henry Opportunities Ranked high in the index.
Once your child becomes a resident or citizen, they will typically receive significantly reduced college fees compared to what international students must pay. Furthermore, by obtaining residency or citizenship in another country, children not only study, but then live in an environment with access to exponentially more opportunities, from the best education in the world to the most lucrative job market. , be able to work and change the future of our children. and an excellent quality of life.
Take, for example, a South African child who attends INSEAD, France’s top billionaire child care facility. As South African citizens, they must either return to South Africa after completing their studies or, if they are lucky enough to be considered for employment as a foreigner, go through the lengthy process of obtaining an appropriate long-term work permit or visa. It won’t. The career opportunities and income potential in South Africa are incomparable to what Europe has to offer. However, if the parents apply in a timely manner to Portugal’s Golden Residence Permit Program, they will be eligible to apply for citizenship after five years as legal residents, and the child will be able to stay in Europe and work anywhere in the European Union. You will be able to do it. when they graduate.
Investing in your children’s education is important, but investing in residency and citizenship through investment programs that also give them the right to live and work in the country of their choice is the smartest move to set them up for life. is. Opportunity and prosperity not limited by the country of birth.