The National University of Singapore (NUS) and Tsinghua University are Asia’s top universities for generating ultra-wealthy alumni, according to research by Altrata.
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The alumni population of NUS contains an estimated 3,400 ultra-high-net-worth individuals (UHNWIs), defined as people with fortunes of at least US$30 million, the data company said in a report on Wednesday. Tsinghua has produced an estimated 1,400 such graduates.
NUS ranks 17th on a global basis and third on a ranking that excludes US universities, while Tsinghua ties with the University of Manchester for sixth on the non-US ranking but would be outside the top 20 of the overall global ranking, according to the report.
US schools dominate the global list, topped by Harvard University with an estimated 18,000 UHNWIs, or 4 per cent of the world’s estimated population of 483,500 such individuals, the report said. Of the top 20 universities, 17 are in the US, including second-placed University of Pennsylvania with 9,300 UHNW alumni, followed by third-ranked Stanford University with an estimated 8,400 UNHW alumni.
“The number of UHNW alumni from all of the top 20 non-US universities – an estimated 34,400 – is lower than the combined total of just the top three US institutions,” lead authors Maya Imberg, Maeen Shaban and Bettina Lengyel said in the report.
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“This reflects the country’s status as by far the biggest UHNW market and underlines the strong academic reputation and appeal of the US university system, with its large number of prestigious institutions providing a well-established pathway to wealth.”