LOS ANGELES (CBSLA.com) — A new report lists the University of Southern California as one of the top schools in the world with the most billionaire alumni.

According to Wealth-X and UBS’s “Billionaire Census,” USC ranks fourth on the list with 16 billionaires who have attended the private university as undergraduates.

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Stanford ranked seventh (14 billionaires), while the University of California Berkeley came in eighth (12 billionaires).

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The University of Pennsylvania took the number one spot on the top 20 schools list with 25 billionaires, followed by Harvard and Yale.

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The study also found that more than 2,300 global billionaires earned bachelor’s degrees from more than 700 universities around the world.