Mumbai University has 12 billionaires

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University of Mumbai ranks 9th in list of rich alumni schools
The University of Mumbai has been ranked among the top 10 schools that produce the world’s billionaires and has more number of such undergraduate alumni than London School of Economics. According to this year’s Wealth-X and UBS Billionaire Census, 12 billionaires obtained their bachelor’s degrees from the University of Mumbai, making it one of the top 10 schools in terms of number of billionaire undergraduate alumni. “With 12 billionaire alumni, India’s University of Mumbai has the most billionaire graduates of any university based outside the US,” the report said. The University of Mum-bai was ranked 9th on the list which was topped by the University of Pennsyl-vania as the school had 25 billionaire undergraduate alumni. It has more billionaire alumni than MIT, NYU, University of Colum-bia and Duke University. Besides, University of Mumbai, the London School of Economics and Political Science in the United Kingdom, Lomon-osov Moscow State Univer-sity and ETH Zurich in Switzerland are other scho-ols that made it to the top 20 billionaire schools list. Interestingly, higher education has not been a prerequisite to achieving billionaire status as 35 per cent of the 2,325 billionaires in the world do not have a tertiary-level degree. Among those billionaires who hold a degree, 42 per cent graduated with a bachelors, 26 per cent have masters, 21 per cent finished their MBA, and 11 per cent attained a PhD, the report added. Source: Article