Counting all degrees, Harvard University comes in first place in terms of the total number of billionaire alumni. If only bachelor's degrees are counted, the University of Pennsylvania comes in slightly ahead of Harvard, according to a 2014 report. Harvard also ranks first in the number of ultra high net worth alumni with assets greater than $30 million. Harvard's total number of ultra high net worth alumni is more than twice that of the next highest ranking institution, Stanford. Figures have not been adjusted for the relative size of these institutions.