Which German Or Austrian University Has The Largest UHNW Alumni Population?

LONDON, Aug. 25, 2015 /PRNewswire/ -- The University of Cologne takes the top spot in a Wealth-X ranking of tertiary institutions in Germany and Austria in terms of the size of their ultra high net worth (UHNW) alumni populations.

The university, established in 1388 and one of the oldest educational institutions in Central Europe, has 18 graduates who are UHNW individuals (defined as those with US$30 million and above). 

Two universities in Austria also appear on the Wealth-X list released today. The Vienna University of Economics and Business, which ranks sixth on the list, has 10 UHNW graduates while the University of Vienna, which ranks seventh, has nine UHNW graduates.

Below is the ranking of the universities:

Germany is home to more than 19,000 UHNW individuals with a combined net worth of US$2.5 trillion, making it the country with the second largest UHNW population in the world after the United States, according to the Wealth-X and UBS World Ultra Wealth Report 2014.

Austria had 590 UHNW individuals in 2014 with a combined net worth of US$90 billion. It ranks 18^th among European nations in terms of UHNW population size, according to the same report.

Alex Story, Wealth-X's Head of Business Development, Germany and Austria commented: "With the summer holiday coming to an end, ambitious students will be interested to see which universities have provided, historically, the best platform for business success."

"We see a nice North vs South split in the top 10. However, no universities from the East are currently represented. That may change with the rise of start-ups in and around Berlin," he added.

About Wealth-X
Wealth-X is the global authority on wealth intelligence, providing sales, marketing, strategy and compliance solutions to clients in the financial services, luxury, not-for-profit and education sectors. Its award-winning research and thought leadership are regularly cited by the world's media such as CNBC, Financial Times, Thomson Reuters and BBC. Wealth-X has more than 250 staff in 10 global centers, including Singapore, London and New York (www.wealthx.com)

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