An interesting article appears on the Forbes.com website,
indentifying the universities that produced the largest number
of the world's billionaires (B's).  In order of the number of B's
produced:

http://www.forbes.com/2009/08/02/billionaire-study-harvard-stanford-business-billionaires-colleges-09-wealth.html
(1)  Harvard (54 B's though they do count college drop-outs
Bill Gates and Mark Zuckerberg of Facebook fame)
(2)  Stanford (25 B's including Yahoo's Jerry Yang)
(3)  U Penn (18 B's - No, Marty Seligman was not one of them)
(4.5)  Columbia (16 B's)
(4.5)  Yale (16 B's
(6) MIT (11 B's)
(7.5) Northwestern (10 B's)
(7.5) U Chicago (10 B's)
(10.25) Cornell (9 B's)
(10.25) UC Berkeley (9 B's)
(10.25) U of Southern Cal (9 B's)
(10.25) UT, Austin (9 B's)

Full disclosure requires the following:

|A dubious distinction goes to New York University. The school 
|has five dropouts who have gone on to become billionaires, 
|including Carl Icahn. After receiving a degree in philosophy 
|from Princeton, Icahn enrolled in NYU's medical school. Bored 
|by all the memorization required, he jumped ship to be a stockbroker.
http://www.forbes.com/2008/05/19/billionaires-harvard-education-biz-billies-cx_af_0519billieu.html

However, keep in mind the following:

|Of course, you don't necessarily need a degree from 
|Harvard or Stanford to become a billionaire. Of last 
|year's Forbes 400, at least 46 billionaires did not have 
|a college degree.

This just underscores the point that if you plot income or
"net worth" against level of education, you don't get a linear
relationship but an upside down U function.  If it were linear,
Ph.D.-M.D.s would probably be the richest folks in the world.
But education will only get one so far.

-Mike Palij
New York University
m...@nyu.edu





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