5- University of Chicago
Number of Billionaire MBA Grads: 10
The University of Chicago’s Booth School of Business was founded in 1898 making it the second oldest business school in the U.S.
The school campuses are in the Hyde Park area of Chicago and also in the city’s downtown area. Plus, the University of Chicago has locations in London, Hong Kong and Singapore.
Higher ranks as well: ranked #1 by The Economist magazine, this school is also ranked #2 by Forbes and U.S. News & World Report ranks it #4.
One of their famous graduates is David Gilbert Booth, who has a net worth of $1.5 billion, and is a co-founder of Dimensional Fund Advisors (DFA), which sells low-cost index funds.
In 2008, he donated $300 million to the business school, which was the largest donation in the school’s history. The University of Chicago Booth School of Business now bears his name.