The College Degrees Of The World's Richest People, Mapped | Digg (2024)

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The College Degrees Of The World's Richest People, Mapped | Digg? ›

Key Findings: The most common college degrees among billionaires are business (22), economics (12) and engineering (11).

Engineering

This might surprise you, but the scope of engineering is huge and widening! KEY FACT: Engineering is the most common degree among billionaires. 22% of the world's top 100 billionaires studied engineering.

Harvard also ranks first in the number of ultra-high net worth alumni with assets greater than $30 million. Harvard's total number of ultra-high net worth alumni is more than twice that of the next highest ranking institution, Stanford University.

Research has found that 88% of millionaires graduated from college, and 52% have a master's or doctoral degree. Education is linked to wealth, but there are also other contributing factors at play that aren't caused by education, such as family background.

The education background of CEOs

The Bachelor of Arts and Bachelor of Business Administration was the most popular undergraduate degrees among Fortune 100 CEOs, with 53% of CEOs identified as having obtained one of these two degrees.

By those standards, the five jobs with the most millionaires are engineer, accountant, teacher, people in management, and lawyer. Doctor is sixth. They make a lot of money, but also spend a lot. The poll found doctors aren't great in general at managing their money.

Which major has the most millionaires? ›

Engineering

While it's possibly not one of the most predictable entry placements on our list, engineering takes the top spot, yielding a greater number of millionaires than any other degree subject, according to Spear's and WealthInsight.

The U.S. is now home to 37% of the world's millionaires, up from 35% in 2018. The divergence grows even more at the top of the wealth ladder. The U.S. has 9,850 centi-millionaires — those worth $100 million or more — compared with China's 2,352.

The average college grade of a millionaire in the US is 2.9 out of 4. This number is well below the average US college grade of 3.15.

Why are universities important if 80% of billionaires never completed uni? Well obviously you cannot do the math. 739 out of 2,473 billionaires do not have degrees. That makes the percentage 0.298 or rounded up to 30%.

In broader terms, the finance and investment profession has the most millionaires. It also has the most billionaires, with 371. Here's a list of the seven best careers if you want to be a millionaire.

Before he became CEO of Amazon (and the world's richest person), Bezos graduated from Princeton University in 1986 with a degree in electrical engineering and computer science, after changing his major from physics.

Nine physician billionaires made Forbes' 37th annual list of the world's richest people in 2023. Here are the nine physician billionaires in the U.S., listed according to their rank.