The 8 colleges producing the greatest number of multimillionaires
CBSN
More than one-third of the wealthiest people in the U.S. attended one of just eight elite universities, according to a new study from wealth consultancy Henley & Partners.
There are about 9,600 so-called centimillionaires living in the U.S., or people whose net worth is greater than $100 million, the report noted. About 35% of them attended one of eight U.S. universities: Harvard, MIT, Stanford, the University of Pennsylvania, Columbia, Yale, Cornell and Princeton, the analysis found.
The report comes amid a battle over the future of admissions to America's top colleges, with the Supreme Court currently weighing affirmative action admissions programs. At the same time, many elite colleges are under fire for practices like legacy admissions, which give preference to children of alumni, with critics saying they reinforce wealth and privilege.
