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Want to Be a Billionaire? First, Get a Harvard Degree

Filed under: Wealth


Obviously you don't have to have a degree from Harvard in order to become a billionaire – but it certainly helps. According to Forbes' new ranking of universities with the highest number of billionaire alums, Harvard thrashes the competition with a record 62 billionaire grads to its credit – more than double the total of the #2 ranked school, Stanford. A whopping 62 Harvard grads are worth $1 billion or more this year, up from 54 last year. Yale clocks in at No. 5 on the list of the top 10 with 16 billionaire alums, while Princeton barely makes the cut at all, coming out tied for last place with Cornell with 9. Notable billionaire Harvard grads include New York Mayor Michael Bloomberg, Citadel founder Kenneth Griffin, Meg Whitman of eBay and David Rockefeller Sr. Worth noting: an Ivy League degree isn't necessarily better, and Forbes points out that on last year's Forbes 400 list, at least 41 billionaires did not have a college degree at all. Check out the full list of the top 10 after the jump:

The Classicist: 'Take Ivy' - The Original Preppy Handbook

Filed under: Apparel, Books, Men's Style, The Classicist


Take Ivy, with photos by Japan's T. Hayashida, is truly the original preppy handbook, first published way back in 1965 – in Japanese. In the early 1960s Kensuke Ishizu, the founder of an Ivy League-inspired clothing line called Van Jacket, commissioned Hayashida and three other Japanese disciples of clean-cut American style to go on a "fact-finding mission" to all of the States' eight Ivy League colleges – Havard, Yale, Princeton, the University of Pennsylvania, Columbia, Dartmouth, Brown and Cornell – chronicling every element of the students' style along the way. Hayashida took tens of thousands of photos at the colleges, then went on to document the stores the students patronized, the cars they drove and even Ivy League grads working on Madison Avenue. When first published in Japan the book sparked a huge trend for Ivy League fashion among Japanese youths who frequented Tokyo's hip Ginza shopping district.

In subsequent decades the book developed a huge cult following among sartorial connoisseurs, with rare original editions selling for thousands of dollars on eBay. The New York Times called it "a treasure of fashion insiders" and cited its influence on a number of men's fashion designers in an article last year, noting photocopied versions were being passed around design studios helping to spark a whole new trend. Now powerHouse Books is re-issuing the book this month, with a long-awaited English translation; J.Crew has also printed 300 limited edition copies in a special case in celebration to be sold in select J.Crew mens shops, the perfect accompaniment to the Ivy-inspired clothing on its shelves; J. Crew men's designer Frank Muytjens says he was "obsessed" by the book and it's timeless appeal.

Gallery: Take Ivy



While The Official Preppy Handbook, which came out 15 years later, is rather tongue-in-cheek, Take Ivy's approach to the subject is downright scholarly. The implications of 'Ivy Style' "go beyond the group of eight prestigious universities that belong to the Ivy League, American football, or the vine itself that covers the buildings of Ivy League schools," the authors note. "It is also not simply about Madison Avenue, Brooks Brothers, modern jazz and folk songs. They do play a part in defining 'Ivy' as a whole, but each of them is only a peripheral component.... In order to understand the spirit of 'Ivy', you must appreciate and master all aspects of American East Coast culture." Thus the back of the book features instructions on building the perfect Ivy League wardrobe including how to wear key items along with a whole compendium of the Ivy League ethos.

Featured Cigar Lounge: The Owl Shop in New Haven, Connecticut

Filed under: Cigars

Not far from Yale, you'll find a cigar oasis that is comparable to any major city lounge in the country. The Owl Shop offers a complete experience, with a full bar to complement the cigars housed in the large humidors that line the walls. So, plop into one of the large, soft leather chairs, sip a cabernet and light up the stick of your choice. This is the one place in New Haven where lovers of the leaf can pass a few hours blissfully unaware of what the outside world holds.

Owl is long and fairly narrow, though there is plenty of room to walk up and down the store; it isn't cramped. You can sit at the bar or in the lounge chairs set back near the wall, where the waitresses will take your cigar and drink orders. Large flat-screen televisions are usually tuned to the sporting event of the day, which can be a draw for many cigar smokers, though I'm generally not interested (just a quirk, I guess). At the back of the store, which widens, there is a large table where a crowd can gather, along with other seating. Back here, you can dodge the television gauntlet and converse or just relax.

Yale Sued by Former Van Gogh Owner

Filed under: Art

Pierre Konowaloff believes that Van Gogh's painting, "The Night Café," was stolen from his great-grandfather during the Communist takeover of Russia. Now, it belongs to Yale University, and he wants it back.

According to this claim, Ivan Morozov acquired the painting in 1908 and owned it until the Russian government snatched it in the 1918 "change" to Communism. What was Morozov's, it seems, became Lenin's. Then, it passed through galleries in Europe and New York until it was eventually left to Yale by a collector in 1961.

The hook, for Konowaloff, is that Yale took the painting "with reason to know that it had been unlawfully confiscated or 'nationalized' without compensation," according to a report in Bloomberg.

This isn't the only claim that Yale is facing. The university also has to contend with a suit by the Republic of Peru, which wants to reclaim artifacts excavated from Machu Picchu.

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