I'm not debating the list you sent one bit or Berkeley's place on that list. I am curious as to how that list was assembled. Are the schools ranked by gross number of millionaires? Or by percentage? Average wealth by university alumni? Some amalgamation of those? Harvard is significantly smaller than both Berkeley and U Michigan, yet is still number 1.
More than that, I'm curious as to how that site defined millionaire - by net worth I assume, but it didn't say. And more to my point, how many of those millionaires were trust fund babies that already were (or likely to become) millionaires? Do they count? Most of those schools are expensive academic blue bloods, which I think would skew the data as I'm suggesting, but I'm also willing to admit that I simply don't know and I'm guessing a bit.
Here's an example of what I mean.... When I was in high school, I applied to some schools other than Miami. (phew, here comes some hate for sure....) One of the schools I applied to was Notre Dame (go ahead and bash, my 16/17 year old self deserves it). When I visited, there was a session where the prospective students were sat at round tables for Q/As. To start, we all introduced ourselves and were asked to tell if any family members were alumni. First person mentioned an aunt. Second one said their parents met while at school at Notre Dame. Next one mentioned mom or dad. Next one was a 2 generation legacy.... and the next one said "well I don't have any family who are alumni, but my grandpa was the football coach." The ND admin asked "and who was that?" Answer? Dan Devine.
This was one sample from one dummy (me) from a long time ago. Thing is, I don't think it's that far off from the truth.
Go ahead and throw your rocks at me now.