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Harvard Billionaires

Published by: EDITORIAL STAFF on 27th Jan 2012 | View all blogs by EDITORIAL STAFF

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Did you know that the Ivy League university produces the most billionaires? The Cambridge, Mass., school tops our first-ever billionaire college study with an alumni base that features 54 10-figure titans, more than 5% of the world’s billionaires. Of those 54 plutocrats, 11 received an undergraduate degree, 41 earned a master’s, doctorate or juris doctorate, and two earned two degrees.

Harvard’s 10-figure grads include Philip Falcone, who studied economics, John Paulson, who earned his M.B.A. there, and hedge fund manager Ken Griffin, who began trading from his dorm room while an undergrad before creating money management outfit Citadel in 1990.

Bruce Kovner earned a bachelor’s degree in government from Harvard. He later dropped out of the Ph.D. program at Harvard’s John F. Kennedy School of Government, studied harpsichord at Juilliard and drove a New York City taxi, all before founding hedge fund Caxton Associates.

Famous Harvard dropouts include Microsoft co-founder Bill Gates, the world’s richest man, and Facebook creator Mark Zuckerberg, who ranked 321st on the most recent Forbes list of the 400 richest Americans with an estimated net worth of $1.5 billion.

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