Although U.S. universities continue to lead the ranks in creating the ultra-rich, Asia Pacific is rapidly gathering pace with the top 10 universities having minted an estimated 7,775 ultra-high net worth individuals worth a total of nearly $3 trillion.

At the top of the region is the National University of Singapore (NUS), which has created 102 known ultra-high net worth individuals (UHNWI) with a total of $14 billion. UHWNIs are defined as those with a net worth of $30 million or more.

This was according to a recent report by global wealth researcher «Wealth-X» which also created estimates of the total UHNWIs and UHNW wealth at universities by using known figures as sample data combined with its internal database to make full estimates. The overall rankings are based on known and not estimated data. 

Less is more?

Even by estimates, NUS reigns supreme with 1,890 UHNWIs worth $88 billion in total but interestingly, having a greater ultra population did not translate to greater wealth and by no slim margin.

India’s University of Mumbai boasted 790 UHNWIs with a whopping $1 trillion with each of these ultra-rich averaging a net worth of around $1.3 billion. The next two closest in average net worth of the ultra-rich is China’s Peking University (905 UHNWIs with $602 million each) and National Taiwan University (410 UHNWIs with $505 million each).

Here are the APAC rankings:

1. National University of Singapore (Singapore)

Known UHNW alumni: 102 with $14 billion total wealth

Estimated UHNW alumni: 1,890 with $88 billion total wealth

 

2. Tsinghua University (China)

Known UHNW alumni: 74 with $103 billion 

Estimated UHNW alumni: 1,090 with $491 billion

 

3. Peking University (China)

Known UHNW alumni: 67 with $116 billion 

Estimated total UHNW alumni: 905 with $545 billion

 

4. University of Mumbai (India)

Known UHNW alumni: 69 with $240 billion 

Estimated total UHNW alumni: 790 with $1 trillion

 

5. University of Delhi (India)

Known UHNW alumni: 58 with $32 billion 

Estimated total UHNW alumni: 785 with $156 billion

 

6. University of New South Wales (Australia)

Known UHNW alumni: 53 with $57 billion 

Estimated total UHNW alumni: 575 with $183 billion

 

7. University of Sydney (Australia)

Known UHNW alumni: 55 with $39 billion 

Estimated total UHNW alumni: 550 with $126 billion

 

8. National Taiwan University (Taiwan)

Known UHNW alumni: 33 with $45 billion 

Estimated total UHNW alumni: 410 with $207 billion

 

9. Monash University (Australia)

Known UHNW alumni: 30 with $15 billion 

Estimated total UHNW alumni: 405 with $46 billion

 

10. University of Melbourne (Australia)

Known UHNW alumni: 37 with $30 billion 

Estimated total UHNW alumni: 375 with $104 billion