Penn graduates occupy 19 places on the Forbes 400 list, a ranking of the richest people in America. Penn is the most represented school in the rankings and 24% of the Forbes 400 graduated from an Ivy League school.
Some of the most well-known Penn graduates on the Forbes 400 list include co-founder and chief executive officer of Tesla and SpaceX Elon Musk, who graduated from the College of Arts and Sciences and the Wharton School in 1997; 1968 Wharton graduate President Donald Trump; chief operating officer and president of Blackstone Group Jonathan Gray, who graduated from the College and Wharton in 1992; and Emerson Collective founder and 1985 College and Wharton graduate Laurene Powell Jobs.
The Forbes 400 list listed many of Penn’s wealthiest graduates, including Powell Jobs at No. 20 with a net worth of $20.5 billion, Musk at No. 24 with a net worth of $19.6 billion, 1954 Wharton graduate Leonard Lauder at No. 35 with a net worth of $13.4 billion, 1978 Wharton graduate Steve Cohen at No. 36 with a net worth of $13 billion, and 1966 Wharton MBA Ronald Perelman at No. 49 with a net worth of $9.4 billion.
Trump clocked in at No. 275 with a net worth of $3.1 billion.
Some Penn graduates have demonstrated interest in philanthropy and donated their wealth directly to Penn.
1985 Wharton MBA Marc Rowan, the founder of private equity firm Apollo Global Management, who donated $50 million to Wharton in 2018, has a net worth of $3.2 billion and holds the No. 251 spot on the Forbes 400 list.
Many sites across Penn’s campus, such as Lauder College House and Perelman Quadrangle, are also named after individuals on the Forbes 400 list.