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Graduate Rich List

Opinion

Which Universities make the most millionaires? Who wants to be a millionaire? Presumably, everyone does, but a recent graduate ‘rich list’ has revealed for the first time which universities are producing the most millionaire alumni in Britain. The list identifies where students are most likely to become multi-millionaires, and ranks the universities in accordance with the number of graduates who have amassed over £20m in personal fortunes. The study takes into account their earnings, and assets such as properties, cars and art collections. Unsurprisingly, Oxford sits at the summit of the list, with Cambridge hot on their heels and three Londonbased universities (London School of Economics, Imperial College London and London Business School) in tow rounding off the top five. The list, which was researched by Wealth-X, studied the 20 best UK universities. Manchester University, 6th place on the list, were the only other University to boast over 100 megarich alumni. While Oxford has the most ex-students who are worth £20 million or more (401), Cambridge’s 369 alumni are worth far more on average ($169m). Cambridge also have more billionaires than their great rivals. One interesting revelation of the rich list is the amount of female millionaires each institution produces. Despite producing over 400 £20m alumni, only 6% of Oxford’s super rich were females, while Cambridge’s females slightly beat that figure with 9%.

14th place King’s College London topped the female stakes, with one fifth of their millionaire graduates members of the fairer sex. The University of Birmingham – ranked at 10th – produced a very respectable 84% of self-made millionaires, the highest in the list. Oxford and Cambridge fared rather better than their reputation for being universities of the wealthy elite would suggest, and over two-thirds of their graduates made their millions completely on their own, without interference from their families. In contrast, the University of Edinburgh has the fewest self-made millionaires, with less than half of their millionaires making their own money, and depending instead on inheritance to make their fortune. Cambridge’s alumni can claim personal fortunes of around £61bn, with the likes of Borat actor Sasha Baron Cohen, Karan Bilimoria the owner of Cobra Beer and former chairman of Barclays Marcus Agius accounting for much of the earnings. Famous megarich alumni from Oxford include comedian Michael Palin, financier Nat Rothschild and Lastminute.com creator Martha Fox. Other famous past students who went on to amass huge fortunes at these universities include Chris Hoy at Edinburgh, Ricky Gervais at 7th place University College London, Tesco chief Terry Leahy at Manchester and singer Mick Jagger at LSE. Nottingham University, sitting in 8th place, completes the UK top 10. While Oxford and Cambridge dominate in the UK, on an international scale they trail their US counterparts by some distance. With 2,964 alumni worth a combined total of $622bn, Harvard University dwarfs Britain’s two universities in comparison, with both standing outside of the top 15 globally. Pennsylvania, Stanford, Columbia and New York Universities round up the international top 5 respectively, with the University of Mumbai (18th) the only non US or UK institution to make the cut.

UK Graduate Rich Li$t • Oxford - 401 super-

rich graduates, worth an average £83m each famous alumni including comedian Michael Palin

• Cambridge - 361,

£169m - Sacha Baron Cohen

• LSE - 273, £84m Mick Jagger

• Imperial - 127, £67m - • Manchester - 102, Brian May

• London Business

School - 106, £99m Tata Sons

£22m - Terry Leahy

• UCL - 99, £29mRicky Gervais

• Nottingham - 92,

£22m - John Sawers Edinburgh - 80, £52m Chris Hoy

• Birmingham- 68, £69m - David Gill

Poor students to receive letters of encouragement

Do you need alcohol to have a good time in University? Before I came to university, three main worries occupied my troubled teenage mind; 1) I would make absolutely no friends and end up wandering around the campus alone like Randy Wayne in To Save a Life 2) In my first lecture I would arrive in late with a pile of books and trip on the steps as I quietly tried to assume my seat, only for the booming voice of the lecturer to bellow at me in front of my new sniggering classmates and 3) I would be mocked for my unwillingness to drink large sums of alcohol As it turned out, I moved into a flat with two lads who I have remained close friends with ever since and I turn up ten minutes early for most of my lectures, thus avoiding public humiliation. However, drinking at college has been less straightforward than my two previous worries. I have never had an enthusiastic attitude to drinking. I am not a devout Muslim, and it’s not for a dislike of the taste, it’s just the thought that one more jagerbomb could leave me spinning over the edge and result in a number of uncomfortable conversations the following morning beginning with a grin and “I heard about you last night”, before having to listen to the humiliating actions I got up to the night before, well that doesn’t sit right with me.

For all of Fresher’s Week, while most people can only look back on a hazy drink fuelled memory, I can fully recall enjoying myself on the dance-floors and at the house parties. At least I can remember the good times I had, right? The inevitable questions followed, and my friends simply couldn’t understand it. “How can you just go up and talk to people sober?” “Do you not get really self-conscious when you’re dancing?” “What’s it like being the only person in the club not drinking?” So how did this abstaining teen fit into this daunting new world where every conversation began with “Were ya out last night?” and ended only after the night’s social plans were discussed at length. Quite well, in fact. I could count on one hand the amount of times I was ridiculed for my not drinking, and I have managed to make some great friends and maintain an exciting social life, all without taking a drink.

Alcohol and student life are entwined so greatly that it is hard to envisage one without the other and doing so would In fact, the thought of logging onto Face- be like imagining Marlyn Monroe withbook with a picture of me uploaded onto out her flowing blonde hair, or Charlie the LADbible or Embarrassing NightChaplin without his distinctive mousclub Photos with thousands of likes, or tache. I don’t need a drink to enjoy a the inevitable horror of spending the day night out with my friends and socialise, hugging the toilet seat with intermittent and my worries about not being acceptperiods of vomiting, is enough of a deed soon dissipated after that Fresher’s terrent to keep me on the non-alcoholic Week where I made loads of friends beverages for now. completely sober.

Students from poorer backgrounds who achieve top results in the GSCE exams will be the recipients of “letters of encouragement” from David Willets, the Minister for Universities and Science, it has been revealed. In the proposed letters, Willets will encourage the students to think about going to University, and the letter will contain an information pack and directions to a website to help them further. However, this new scheme has prompted accusations that such letters from the government would patronise students from disadvantaged backgrounds.

directly to Joe or Gemma congratulating them on their exam results and urging them to think about going to university,” he said. “But perhaps we can write to the head teachers with a message to pass on.” Willets intends to have the plans in place by the summer, but the propositions have been met with a poor reaction from the public who condemned the letters, accusing them of patronising the pupils. Only a small majority came out in support of the scheme, citing the motivational boost it would give to the pupils.

“We are not going The letters would to start telling peohave to be given to ple where to apply,” the students by the he continued. “But teachers, due to isI want to work with sues relating to data you so that we can protection, Willets go further in ensursaid in a speech ing that students delivered in London know where to look last Thursday. for the information that will help them “This is tricky termake the right decirain. With today’s sion for them. [Ensensitivities about suring they know] data protection, it about the range of is hard for minisuniversities and the ters to drop a line support available.”


STUDENTS

A British University student will have a summer to remember after he landed a dream job as a water slide tester. Seb Smith will begin a 6-month contract with First Choice’s Splash World Resorts once he finishes his exams in Liverpool.

The

Dream Job

A British University student is celebrating this morning after landing what he called his “dream job”. 22 year-old Seb Smith, from Chedder, Summerset, beat off massive competition to a six-month contract as an international water slide tester. First Choice, a British based holiday firm, chose Smith ahead of 2,000 other applicants to fill the £20,000 a-year job. Smith, who studies design technology at the University of Leeds, will visit 20 of the company’s Splash World Resorts during his six-month contract, taking in exotic locations such as Jamaica, Tenerife, Egypt and Bulgaria. Smith will be the envy of the nation, and his summer job is up there as one of the most desirable for students.

Smith will be required to judge the hundreds of slides he will test on things such as biggest splash and adrenaline factor.

Smith admitted it was “a dream come true” to be selected by First Choice. “It’s unbelievable really,” he said. “I was never expecting to be chosen as the new water slide tester, but here I am.

And if that’s not enough, Smith will be rewarded for his efforts with an all expenses sevennight stay for-two at a Splash World Resort of his choice at the end of his contract.

“It’s going to be so much fun travelling the world judging slides. I can’t wait to get started.”

Smith was part of a group of five competing to claim the contract. The finalists stayed at the five-star Iberotel Makadi Saraya hotel in Eg-

“I’m probably looking forward most to travelling the world with this team, and helping them improve the standard of water slides in all the Splash World Resorts.”

pyt’s Hurghada city.` The chief of Holiday Innovation at First Choice, Luke Gaskins, was thrilled to welcome Smith into the team. “We’re delighted to have Seb on board with us this summer,” Gaskin said. “He’s a very enthusiastic young man, and as the recruitment process was narrowed down, it became clear that he was the ideal candidate for the job. “He is the ideal person for the job of

slide tester and hopefully he will help us continue to make SplashWorld parks the best in the world. We can’t wait for him to get started.” The post only became available after the previous incumbent of the position, Tommy Lynch from Liverpool, decided to hang up his trunks and pursue a new venture. “Tommy had a fantastic four years with us,” continued Gaskin. “Unfortunately he decided to hang up his shorts to move onto a new career path and we wish him all the best for the future.”

The 33 year-old vacated the position a couple of months ago, and straight away the process to appoint his successor began. Potential applicants for the role were told they had to be waterpark enthusiasts, passionate and good humoured people. Additionally, it was expected that candidates be able and willing to travel, get wet at work and comfortable in swimming gear. Smith, it appears, ticked all these boxes, and will take up his new role once his summer exams conclude in Liverpool.


STUDENT

Beer Pong teeming with bacteria It’s a pretty obvious statement that beer pong isn’t good for you, but a group of students from Clemson University have discovered that the most dangerous part of this game may not be simply drinking too much beer. The funsponge study undertaken by the students in the Columbia based Univeristy tested hundreds of beer pong balls across the campus over the course of a couple of days last autumn and discovered that the balls were ridden with “teeming bacteria”. They conducted further study into this, and found hazardous bacteria like E.Coli, salmonella and listeria on the balls, which are thrown into cups where hundreds of thousands of students across the world drink alcohol from. For those whose college days are well behind them and are unfamiliar with this new phenomenon, beer pong has become a sensation in recent years, especially in US colleges. Two opposing players stand opposite one another with a table between them, and a series of cups made into a triangle shape sit across either side of the table. The cups are usually half-filled with beer (although the measure and type of alcohol varies) and the aim of the game is to land a ping pong ball into your opponent’s cup. If you manage to sink a shot, your opponent must remove the ball and down the contents of the cup. A team of researchers at Clemson went around dorm parties and swapped the balls participants were using with clean balls. They then waited until after the game took place, and tested the balls for bacteria. In the games that took place outdoors, over three million types of bacteria were found on the balls. Games taking place indoors contained around 200 tiny organisms. And it gets worse, the scientists found that the plastic

surface of the ping pong balls transferred the germs to the alcohol inside the cups with ease, meaning that most of the bacteria is being drank by the participants of the game. Such a high level of contamination is a worrying revelation for college students. Clemson’s Creative Inquiry programme is the reason this study took place. The CCI allows student researchers to answer scientific questions through carrying out experimentation and research. Food science professor Paul Dawson runs the programme, and he called the CCI a “learning experience” but one they tried to keep “interesting and fun.” “Ninety percent of bacteria are probably harmless, but by virtue of sheer numbers, you’re taking a chance of getting sick,” he said. However, the organiser of national beer pong tournaments in the US, Billy Gains, has played down the findings. Gains is the head of the group BPONG, and admitted that every year some participants were taken ill after playing the game, but puts the illnesses down to the large quantities of alcohol consumed rather than bacteria. “Maybe there is something there, but I think it is nothing to do with being sick [from the bacteria],” Gains said. “I think they are drinking and partying all night and get worn down.” “Our competitions are about throwing the ball into a cup and not about alcohol,” he continued. “We actually threw away a considerable amount of beer at our last tournament.” So the next time you want to indulge in a game of beer pong with your classmates, remember to wash your balls – it could save your life.


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