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What universities do the richest 1% children in America go to?
Generally speaking, there are several possibilities:

Top liberal arts colleges, such as Manhelian College, Pomona College, Swarthmore College, Amherst College, Wesleyan University, oberlin College, Mingde College, Smith College, skidmore College, Williams College and so on. You can experience aristocratic quality education there.

Ivy League or Ivy League private universities, such as Harvard University, Yale University, Stanford University, Massachusetts Institute of Technology, Princeton University, University of Pennsylvania, Duke University, Johns Hopkins University, University of Chicago, etc. Those are world-class universities, and undergraduate tuition is expensive.

Some special universities, such as various military schools, or schools like new york University Abu Dhabi.

Go to a top university in Britain or France to study abroad.

A small number of rich children may especially love scientific research or sports, so they may go to some top public universities, such as the University of Michigan and the University of North Carolina.