Its alumni list includes 14 heads of state, 46 U.S. governors, 3 supreme court justices, and 8 signers of the U.S. Annual Research Expenditures: $764,322,000. A former Fighting Irish football player, Jordan has donated tens of millions to his alma mater. Dartmouth College, a private Ivy League research university, was established in 1769, and is one of the nine original colonial colleges to predate the Revolution. Considering Notre Dame alumni can be found at both industry leaders (e.g., Stryker, KPMG, Encore Aerospace) and venture capital firms funding the next round of innovation (e.g., PivotNorth Capital, Glynn Capital Management, Accel Partners), this is a powerful network for students to tap into. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. The university owes its founding to none other than Thomas Jefferson, and even included James Madison and James Monroe on its original governing Board of Visitors. The largest single gift in the colleges history came from alum Herbert Allen in 1998, at $20 million. In the current academic year, it gave out more than $180 million in need-based scholarships that do not require repayment. This is a BETA experience. Statista. Per Rices original charter, the university was tuition-free until 1964 (though it was also strictly segregated). Copyright 2023 Mother Jones and the Foundation for National Progress. NACUBO. Though not an Ivy League university, Stanford goes toe-to-toe with the best of them, boasting a massive endowment fund, along with an alumni list that includes a U.S. president (Herbert Hoover), 30 living billionaires, 83 Nobel Laureates, 28 Turing Award Laureates, and loads of members of congress (not to mention 270 olympic gold medals among its athletic alumni). Now worth $2.5 billion, Hughes is a USC trustee and, befitting a longtime athletics megadonor, was inducted into the Trojan sports hall of fame. Notable alumni of Boston College include John Kerry, Ed McMahon, and Amy Poehler. Chart. Annual Research Expenditures: $893,062,000. In 2017 the university reported a record fundraising year, totaling $337 million. The University boasts an impressive resume of faculty and alumni, which include 20 Nobel Prize Laureates, 13 Turing Award winners, and 10 Academy Award winners, and notable names such as James Gosling (the inventor of the Java coding language) and Andy Warhol. The West Lafayette campus is the flagship institution of the Purdue University System. 4 on the list of institutions with the highest percentage of international UHNW in their alumni population, with 73% of Berkeley's UHNW alumni originating in the US and 27% originating from abroad. In 2012, Georgia Tech received its largest single donation of $50 million from alum Ernest Scheller Jr. UChicago traces its origins to sizable donations from the American Baptist Education Society, and the famed philanthropist John D. Top six universities for producing billionaires 1. I am a former university president who writes about higher education. ", NACUBO, The 20 richest colleges in the United States in fiscal year 2021, by endowment fund market value (in billion U.S. dollars) Statista, https://www.statista.com/statistics/221147/the-20-richest-colleges-in-the-us/ (last visited May 01, 2023), The 20 richest colleges in the United States in fiscal year 2021, by endowment fund market value (in billion U.S. dollars) [Graph], NACUBO, February 19, 2022. Higher education is often considered the first rung in the ladder of success. COVID-19 recovery rates rely on values from CoronaTracker, using aggregated information from multiple global and governmental databases such as WHO and CDC. Annual Research Expenditures: $308,445,000. New Zealand has earned praise for its early and effective pandemic response, allowing it to curtail the total number of cases. Stine, George Steinbrenner, and Larry Sanger (a co-founder of Wikipedia). Although new cases are leveling off, the country has the highest coronavirus-caused death toll across Europe. Tim Murphy, Ian Gordon, Tasneem Raja, and Sarah Zhang. Beyond academics, IU is famous for its Hoosiers athletic teams. In addition, the Wealth-X study found that most UHNW individuals who graduated from these institutions have wealth that is considered "self-made. John I. Jenkins, C.S.C., in the universitys annnouncement of the gift. An engineer who worked his way through UCLA, Collins built a restaurant empire in the United States and abroad, bringing hundreds of KFC franchises to Southern California and building the Sizzler chain of restaurants internationally. (Dunlap, a West Point grad, never attended FSU.). Georgia ties: A graduate of Morehouse College in Atlanta and a diehard UGA fan. He did not attend Louisville but is a lifelong resident of the area and the schools most high-profile booster. The flagship of the public Indiana University System is Indiana University Bloomington, established in 1820. The top school, both globally and nationally, is Harvard, which was found to have about 13,650 UHNW alumni over double the amount of Stanford and the University The largest donation made to Rice University came in 2015 by way of venture capitalist John Doerr, a sum of $50 million. Initially named the Eliot Seminary, the institution changed its name in 1854 to honor former president George Washington (and because William Greenleaf Eliot, its original namesake, was uncomfortable having a college named after him). Annual Research Expenditures: $984,478,000. Secchia, who made a fortune in the lumber industry, is a prominent Republican Party leader and fundraiser. UPitt is well recognized for research contributions in the biomedical sciences, especially through the University of PIttsburgh Cancer Institute, but also in areas such as cognition, and supercomputing. How Will It Affect Your Family? Annual Research Expenditures:$540,421,000. This represents a total of $1.08 trillion in wealth, an average of $174 million per UHNW grad. Larry Ellison, the co-founder of Oracle, who sits in seventh place on the Forbes list, is another, while the worlds second-richest man, Spanish business magnate Amancio Ortega, dropped out of school at the age of 14. Screenshots Latest release - 1.0.0 No Release Notes. The study focused on those alumni deemed to be ultra-high net worth (UHNW) individuals: those with fortunes of $30 million or more. SOUTH BEND, Indiana The Florida State baseball team (14-25) will be on the road against Notre Dame (23-16) for a three-game series this weekend at Frank Eck Stadium. Columbia University comes in second on the list, with a total of 12 alumni. Median alumni donation: $103. Hes funded stadium renovations and a football performance center considered among the most lavish in college sports. WebmyNotreDame | Login. The third-oldest university in the country, and another Ivy League institution, Yale University was founded in 1701, one of nine U.S. universities to predate the American Revolution. The University of Minnesota ranks # 16 among highest annual research expenditures. University of Notre Dame Known UHNW alumni: 316 Known UHNW alumni wealth: $61 billion Estimated total UHNW alumni: 2,085 Estimated total UHNW alumni We're a nonprofit (so it's tax-deductible), and reader support makes up about two-thirds of our budget. In anticipation of a new era of spendy friends of the program, here are Mother Jones boosters of the top 25, based on this weeks Associated Press poll. The fourth-oldest university in the U.S., Princeton University is one of the original nine colonial colleges, dating back to 1746. Sticking on the defensive side of the ball, safety Brandon Joseph played one year at Notre Dame after transferring from Northwestern. Its founding date puts it among the oldest private universities in the country. In 2019, CalTech received a jaw-dropping donation of $750 Million for climate research from alum Gordon Moore and wife Betty moore. On that note, Notre Dame is well known for its Division I athletics teams (especially in football), collectively named the Fighting Irish. Such alumni have certainly been beneficial to the university; in 2017 it received its largest donation ever, a sum of $100 million from Kenneth Ricci. Additionally, the university is well recognized for its Badgers athletic teams, especially in mens basketball. The institution originated out of a push for an alternative to Williams College (#36 on this list), which was struggling at the time. The university was modeled after Heidelberg University (in Germany) and is considered the first research university in the U.S., integrating research and teaching instead of just offering higher education. The Michigan State alum has given millions to the schools athletic programs. Dartmouth is often cited as one of the best universities in the country, especially for its Tuck School of Business, Thayer School of Engineering, and Geisel School of Medicine. Notable alumni include Mark Cuban, John Mellencamp, Laverne Cox, and James Watson (of Watson and Crick fame). The University of Minnesota is a public research university that encompasses a five campus system; its flagship campus is in the Twin Cities. Annual Research Expenditures:$421,360,000. dollars)." The University of Pittsburgh is a public research university established in 1787. The flagship Texas A&M University was established in 1876 and is the founding member of the System, becoming the flagship in 1948. A Baylor grad and native Texan, McLane made his fortune through McLane Company, a family business he built into an international food-service conglomerate that he sold to friend Sam Walton for $50 million, plus loads of Walmart stock. In its past and today, Emory has benefited greatly from donations; of particular note is a massive $400 million in 2018 from the Robert W. Woodruff Foundation for Medical Research. Notable faculty include Norman Borlagh, John Cleese, and Carl Sagan. The University of Southern California ranks #25 for highest annual research expenditures. "The 20 richest colleges in the United States in fiscal year 2021, by endowment fund market value (in billion U.S. Originally founded as the Farmers High School of Pennsylvania, the institution initially focused squarely on agricultural studies, and gradually expanded its offerings over time, with some expansion (of campus and programs) made possible by the Morrill Land-Grand Acts of 1862. WebConboy, Missy B.A. The private university, though founded and initially run by clergymen, is now secular. Notable alumni include U.S. President Gerald Ford, over 250 legislators and congresspeople, and several foreign heads of state. He amassed 10 career Kohl, who built his parents grocery stores into a nationwide retail chain, gave $25 million for the construction of a new basketball arena, which was named the Kohl Center. Rice University is 252nd in the world, 111th in North America, and 105th in the United States by aggregated alumni prominence. Interestingly, the top UHNW-producing schools aren't the same ones producing the most self-made millionaires. Known for: Actor; has more than 150 films to his name, including: Pulp Fiction, Do the Right Thing, True Romance, Jurassic Park, Django, Jackie Brown, Snakes on a Plane and the Marvel Cinematic Universe (Nick Fury). He has said that college athletes should get paid a small stipend, and hes been a major donor to House Speaker John Boehner. Sign up for the free Mother Jones Daily newsletter and follow the news that matters. Like its Ivy League brethren, Yale is highly regarded in a wide range of fields, especially for its Law School and School of Medicine, and its alumni often go on to be successful and high-earners, if not also famous and influential. UW is also home to the Washington Huskies athletic teams, who have been especially successful in football. The University of Notre Dame will devote all of its largest-ever private gift to financial aid for [+] undergraduate students. Columbia claims a long list of notable, influential, and famous alumni and faculty, including five founding fathers, three U.S. presidents, 29 foreign heads of state, 10 supreme court justices, and 96 Nobel Laureates. Annual Research Expenditures:$212,290,000. Its current portfolio consists of over 8,300 apartment homes located throughout Ohio, northern Kentucky, Indiana, and Dallas, Texas. Coming in at No. This arrangement allows Amherst students to take courses at the other institutions in the consortium, thus expanding their options. The only investors who wont let independent, investigative journalism down are the people who actually care about its futureyou. All Rights Reserved. Northwestern University ranks #27 among highest annual research expenditures. Collins has given over $60,000 to GOP candidates and pushed heavily for an open primary system in California, successfully implemented by Proposition 14 in 2010. myNotreDame | Home of the Notre Dame Alumni Association Skip Its important to note that there are some very wealthy universities in other parts of the world, such as the King Abdullah University of Science and Technology, Oxford University, and Cambridge University, but they are outside the scope of this survey. As countries reckon with these competing risks of health and economic activity, there is no clear answer around the right path to take. The University of North Carolina at Chapel Hill ranks #10 for highest annual research expenditures. 4. Big boosters (from left to right): Herb Kohl, John Schnatter, Phil Knight, Les Wexner, Drayton McLane Jr. The Gaylord family as a whole has donated more than $80 million to the university, including $18 million to athletic programs. Over in Sweden, a controversial herd immunity strategy meant that the country continued business as usual amid the rest of Europes heightened regulations. 25. Stanford: John Arrillaga Pomona College is a private liberal arts college established in 1887 by Congregationalists. University of Notre Dame Known UHNW alumni: 316 Known UHNW alumni wealth: $61 billion Estimated total UHNW alumni: 2,085 Estimated total UHNW alumni wealth: $179 billion 18. Michigan State University ranks #28 among highest annual research expenditures. 8. The average university endowment of these universities is $3 billion. *. Wexner is the former CEO of L Brands (which includes Victorias Secret) and has owned and sold several other retail outlets in his career. It moved to Durham in 1892 after a land donation from Julian S. Carr and Washington Duke, the latter of whom the university was renamed to honor after his son James B. Duke established the Duke Endowment in 1924 with a $40 million trust fund. 7. Purdue's wealthiest alum is Carl Cook, the CEO of Cook Biomedical, which has a large facility in West Lafayette. Rane has given hundreds of thousands of dollars to Republicans in Alabama and elsewhere. As UT Austin is a major athletics school, it has also reaped significant benefits from its Longhorn Network, developed in collaboration with ESPN. The university is well known for excelling in a range of fields, from public health and medicine, to nuclear physics and artificial intelligence, to drama and journalism (125 Pulitzer Prize winners are associated with Columbia). 15. The real estate billionaire grew up poor and earned a scholarship to Stanford as a basketball player. Well, Reb is no longer, but apparently Dunlap is still a valued booster: As of 2011, hes named as a charter member of the Vaught Society, which recognizes those who have given $350,000-plus to Ole Miss athletics in their lifetimes. Read next:the best universities in the world for graduate employability, Best universities in the United States 2023, Find the best universities in the United States 2023 through Times Higher Educations World University Rankings data, Find the best universities in Canada using Times Higher Educations World University Rankings data 2023, Well, we arent offering any guarantees but we thought we would. While this list is primarily concerned with graduates, there are a number of famous dropouts from the prestigious institution, such as the previously-mentioned billionaire investor Warren Buffet. The college boasts an impressive alumni list, with names including Hilary Clinton, Diane Sawyer, Madeleine Albright, and Cokie Roberts. The ideal entry-level account for individual users. start bringing in more donations than it ever has. Johns Hopkins University ranks #1 among highest annual research expenditures. Other alumni include writers and essayists such as Arthur Miller and Susan Orlean, as well as a cadre of professional athletes. He was reappointed in 2012 amid numerous accusations of misconduct: He allegedly had an affair with then-gymnastics coach Suzanne Yoculan and helped oust former football coach and athletic director Vince Dooley when he refused to promote her. It is also home to the George H.W. UNC is well known for its Tar Heels athletic teams, particularly its mens basketball program, which once featured none other than Michael Jordan himself. Notable alumni include John Muir, Joan Cusack, and Dick Cheney. UNC ranks among the oldest universities in the country, and is considered a Public Ivy. UNC counts among its faculty and alumni nine Nobel Laureates, 23 Pulitzer Prize winners, numerous members of the U.S. Congress, and U.S. President James K. Polk. The cofounder and CEO of Nikeworth around $20 billionmight be the most high-profile college booster in America. Initially known solely as the Carnegie Institute of Technology, the university took its current form after a merger with the Mellon Institute of Industrial Research in 1912. But thanks to the recent OBannon v. NCAA ruling, schools may need boosters more than ever. Consumption of Fuel and Materials per Capita, The Periodic Table of Commodity Returns (2013-2022), Visualizing 25 Years of Lithium Production, by Country, Ranked: The Worlds Largest Copper Producers, Mapped: Air Pollution Levels Around the World in 2022. Chart: Automakers Adoption of Fuel-Saving Technologies, Explainer: What to Know About the Ohio Train Derailment, Infographic: 11 Tech Trends to Watch in 2023. Annual Research Expenditures:$622,814,000. Idea Week at Notre Dame, an annual event celebrating entrepreneurs, Open to the Notre Dame students, faculty, staff and alumni as well as members of the surrounding South Bend-Elkhart community, the McCloskey competition began in 2001 with $30,000 in awards and 70 teams.
