A new report has revealed that Harvard University, Stanford University and the University of Pennsylvania produce the most centi-millionaires in the world.<\/p>\n\n\n\n
The 2023 Centi-Millionaire Report by global wealth intelligence firm New World Wealth revealed exclusive statistics on people who hold $100 million in investable assets.<\/p>\n\n\n\n
According to the report, these individuals are typically the founders of large multinational companies or the heirs to vast family fortunes. <\/p>\n\n\n\n
As of June 2023, there are 28,420 centi-millionaires in the world \u2013 double the number 20 years ago and an increase of 12% compared to 2022.<\/p>\n\n\n\n
38% of centi\u2013millionaires are from the USA, followed by China and India. <\/p>\n\n\n\n
One-third of the world\u2019s centi-millionaires live in 50 key cities across the globe, with New York City in first place with 775. However, over 1,200 centi-millionaires are residents or second-home owners in the city.<\/p>\n\n\n\n
New World Wealth\u2019s head of research, Andrew Amoils, said that \u201cin many emerging market countries, there are very few billionaires, making the wealth band largely irrelevant\u201d.<\/p>\n\n\n\n
\u201cHowever, these nations often have large centi-millionaire populations. Kenya, for instance, has no billionaires but 15 centi-millionaires, while South Africa has just 5 billionaires compared to 102 centi-millionaires.\u201d <\/p>\n\n\n\n
\u201cThe centi-millionaire wealth band is therefore a far more accurate reflection of the \u2018super-wealthy\u2019 community in these countries.\u201d<\/p>\n\n\n\n
Among the insights gathered about this community, the report identified the top 20 universities that have produced centi-millionaires.<\/p>\n\n\n\n
American universities dominate the list, taking 11 of the 20 spots. The UK, France, China and Japan also feature in the rankings.<\/p>\n\n\n\n
The top spot goes to Harvard University in the US, which produced 1,088 centi-millionaires. This constitutes 3.8% of the world\u2019s centi-millionaires.<\/p>\n\n\n\n
Stanford University in the US is in second place, having produced 629 centi-millionaires, with the University of Pennsylvania in third, having produced 538.<\/p>\n\n\n\n
The University of Oxford in the UK is the only non-American university in the top five, having produced 490 centi-millionaires.<\/p>\n\n\n\n
Top 20 universities<\/strong><\/p>\n\n\n\n Below is the ranking of the top 20 universities that have produced centi-millionaires.<\/p>\n\n\n\n This article was first published by Daily Investor<\/a>. <\/em><\/p>\n\n\n\nUniversities<\/strong><\/td> Centi-millionaires<\/strong><\/td> % of the world\u2019s centi-millionaires<\/strong><\/td><\/tr> Harvard University (USA)<\/td> 1,088<\/td> 3.8%<\/td><\/tr> Stanford University (USA)<\/td> 629<\/td> 2.2%<\/td><\/tr> University of Pennsylvania (USA)<\/td> 538<\/td> 1.9%<\/td><\/tr> University of Oxford (UK)<\/td> 490<\/td> 1.7%<\/td><\/tr> Massachusetts Institute of Technology (USA)<\/td> 486<\/td> 1.7%<\/td><\/tr> Yale University (USA)<\/td> 472<\/td> 1.7%<\/td><\/tr> University of Cambridge (UK)<\/td> 405<\/td> 1.4%<\/td><\/tr> Columbia University (USA)<\/td> 392<\/td> 1.4%<\/td><\/tr> Princeton University (USA)<\/td> 330<\/td> 1.2%<\/td><\/tr> INSEAD (France)<\/td> 258<\/td> 0.9%<\/td><\/tr> Cornell University (USA)<\/td> 234<\/td> 0.8%<\/td><\/tr> Tsinghua University (China)<\/td> 222<\/td> 0.8%<\/td><\/tr> London School of Economics (UK)<\/td> 215<\/td> 0.8%<\/td><\/tr> University of Tokyo (Japan)<\/td> 206<\/td> 0.7%<\/td><\/tr> University of California, Berkeley (USA)<\/td> 202<\/td> 0.7%<\/td><\/tr> Peking University (China)<\/td> 194<\/td> 0.7%<\/td><\/tr> London Business School (UK)<\/td> 180<\/td> 0.6%<\/td><\/tr> University of Chicago (USA)<\/td> 178<\/td> 0.6%<\/td><\/tr> University of Southern California (USA)<\/td> 175<\/td> 0.6%<\/td><\/tr> HEC Paris (France)<\/td> 172<\/td> 0.6%<\/td><\/tr><\/tbody><\/table><\/div>
\n\n\n\n
\n\n\n\n