These schools produced the most billionaires

• The University of Pennsylvania has produced more billionaires than any other university, according to Forbes.
• The publication said UPenn beat out Harvard and Yale to take the top spot.

University of Pennsylvania campus

Ann Hermes | The Christian Science Monitor | Getty Images

The University of Pennsylvania has produced more billionaires than any other university, according to Forbes.

In a ranking of the schools that produce the most billionaires, Forbes said UPenn beat out Harvard and Yale to take the top spot.

Thanks in large part to its Wharton School of Business, UPenn has 18 graduates who are billionaires. Graduates include President Donald Trump, Elon Musk, Steve Wynn and hedge-funder Steve Cohen.

Ranking second was Stanford, with 13 billionaire grads, many in tech. They include WhatsApp co-founder Brian Acton and Snapchat co-founder Bobby Murphy. Yale ranked third, also with 13 billionaires (unclear why it's not tied for second). Its billionaire alumni include Blackstone's Stephen Schwarzman and FedEx's Fred Smith.

Here is the rest of the list from Forbes:

1. University of Pennsylvania: 18 graduates
2. Stanford University: 13 graduates
3. Yale University: 13 graduates
4. University of Southern California: 11 graduates
5. Harvard University: 11 graduates
6. Columbia University: 8 graduates
7. University of Michigan: 7 graduates
8. Dartmouth University: 7 graduates
9. Duke University: 6 graduates
10. Cornell University: 5 graduates

Click here to read the full story from Forbes.