Franchising, retail, business
11/11/2014
According to a new report, Harvard has more billionaire alums than any other MBA program.
If one of your goals is to amass a 10-figure net worth, you may want to apply to Harvard Business School. According to a new report by research firm Wealth-X, Harvard has the largest number of billionaire alumni of any MBA program in the world.
The business school rankings report states a total of 64 billionaires claim Harvard as their alma mater. Stanford University was in second position with 23 billionaires, and Columbia University came in third with 14.
Another report, the 2014 Wealth-X and UBS Billionaire Census, found that this year there are 2,325 billionaires around the world, 155 more than last year. The good news for entrepreneurs is that more than half of the world's wealthiest are self-made. About one-quarter of the people on the list inherited wealth and worked to reach billionaire status, while 19 percent inherited their money.
Below, check out the 10 schools that made the list, along with some of the notable business leaders who earned their MBAs at each one.
1. Harvard University (64 billionaire alumni): Billionaires who bleed Crimson include Michael Bloomberg, who has a net worth of $36.1 billion, according to Forbes; hotel baron Richard Marriott, who has a net worth of $2.3 billion; and William Fung, who has amassed a $2.2 billion fortune as the leader of Li & Fung, which supplies Wal-Mart and Target with goods. But the Wealth-X census highlights Jorge Paulo Lemann, the richest man in Brazil, for good reason. Lemann, No. 28 on the Bloomberg Billionaires Index with a fortune of about $24.5 billion, is a partner at 3G Capital with Marcel Telles and Beto Sicupira. The trio controls Anheuser-Busch InBev and owns Burger King and condiment maker Heinz with Berkshire Hathaway.
2. Stanford University (23): One of Stanford's most notable alums is Philip Knight, the founder and chairman of Nike. Knight is ranked No. 32 on the Bloomberg Billionaires Index with $22.6 billion. Gap Chairman Robert Fisher, who took over his parents' company, earned his MBA in 1980 and is now part of the exclusive club with $1.9 billion.
3. Columbia University (14): The school's billionaire poster boy is Hong Kong native and real estate tycoon Peter Woo, whose net worth is $7.7 billion, according to Forbes.
4. University of Pennsylvania (12): One notable alumnus of the Ivy League school is Ronald Owen Perelman, who sits at number 57 on the Bloomberg Index with $15.1 billion. Perelman is the chairman and owner of MacAndrews & Forbes, an investment company that owns nine businesses including Humvee manufacturer AM General and payments firm Harland Clarke.
5. University of Chicago (10): Alumnus David Gilbert Booth, who has a net worth of $1.5 billion, co-founded fund management firm Dimensional Fund Advisors in 1981 with Rex Sinquefield after they got their MBAs, Forbes reports.
6. INSEAD (9): The international school is the alma mater of Belgium's Gregoire de Spoelberch, who is co-CEO of Belgian restaurant chain Lunch Garden, a board member of beverage maker Eugenie Patri Sebastien S.A., and an administrator of InBev's nonprofit foundation Baillet-Latour Fund. Another alum is Reinold Geiger, who leads French cosmetics retailer L'Occitane. and has a net worth listed at $1.4 billion.
7. New York University (7): Alumnus Forrest Edward Mars Jr. ranks number 27 on Bloomberg's index with $25.7 billion, thanks to the family business--Mars Inc., which manufactures candy like Snickers and M&Ms.
T8. International Institute for Management Development (5): Germany's richest woman, Susanne Hanna Ursula Klatten, received her MBA from Lausanne, Switzerland's IMD and today owns Bayerische Motoren Werke, manufacturer of Rolls-Royce, Mini, and BMW. She is ranked number 55 on Bloomberg's index, with a fortune of $15.3 billion.
T8. University of Southern California (5): Ivan Glasenberg, who graduated in 1983, went to work for commodity trader Marc Rich & Co. in South Africa marketing coal. Today, he is CEO of the company, now called Glencore Xstrata, and is worth $5.9 billion.
10. London Business School (4): Kumar Mangalam Birla, the chairman of Mumbai-based commodity conglomerate Aditya Birla Group, took over the family business when he was 28. The company has stakes in aluminum manufacturing and financial services. Birla, whose net worth is $7.9 billion, ranks at No. 179 on Bloomberg's index.
Fonte:http://www.inc.com/will-yakowicz/harvard-is-a-billionaire-alumni-club.html?cid=sf01001