Money is one of the greatest factors in determining what we will pursue for a career. Often times, when comparing job offers, salary will be the ultimate tie breaker when choosing which position to accept.
Many people go into certain industries just for the cash. While many will say that “Money can’t buy happiness,” some would argue that it actually does. For those who dream big and want to be able to afford whatever they desire in life, the concept of being a billionaire is enticing to many.
We often hear that going to a good school will get us far in life. A reputable school can give us a strong education, connections and a degree that holds a lot of power just from the name on the certificate.
While there are in fact many people who have gone on to do well for themselves at smaller universities, schools that produce the most billionaires are – you guessed it – mostly Ivy League alumni.
“The social elitism, prestige and fast-track career progression often associated with a private Ivy League education undoubtedly provides a springboard towards wealth creation and for some high achievers to attain billionaire status: Five of the top seven-ranked billionaire universities are Ivy League schools,” reports the Wealth-X Billionaire 2018 Census.
Without further ado, here are the top schools to consider if you want to acquire a 10-figure salary.
The Cambridge-based school takes the cake for producing the most billionaires – 188 total as of 2017, according to CNBC.
More billionaires attended the school than attended Stanford, MIT and Yale combined. Mark Zuckerberg and Bill Gates are two notable alumni you may have heard of who have achieved the coveted billionaire status.
While Stanford has produced a significantly smaller amount of billionaires than Harvard (just 74,) it comes in right behind Harvard at the number two spot.
Elon Musk is a Stanford alum who has also earned a very high salary, with an estimated net worth of $183 billion.
Here are how other universities ranked in comparison.
3. University of Pennsylvania
4. Columbia University
5. Massachusetts Institute of Technology (MIT)
6. Cornell University
7. Yale University
8. University of Chicago (TIE)
8. University of Southern California (TIE)
9. University of Michigan
10. University of California, Berkeley
Starting out rich
Before you feel too defeated after looking at your bank account, it’s important to note that many who attend the Ivy League schools are rich to begin with.
It’s not always about the school
It’s also worth remembering that school isn’t everything. Yes, a name school can provide advantages.
However, there are plenty of successful people who achieved their goals – financially and professionally – and didn’t attend an Ivy League. Work hard and follow you dreams, because you never know if one day, you will be added to the list of America’s billionaires.