Wednesday, August 22, 2007

Harvard University Endowment Soars to $34.9 Billion

Harvard University Endowment Soars to $34.9 Billion

William Marra, Aug 2007

Harvard, already the richest university in the world, just increased its lead over the competition even more.

The Harvard endowment grew 23 percent during the fiscal year, which ended June 30, swelling to a new high of $34.9 billion, the Harvard Management Co., which oversees the university's endowment, said yesterday

35 billion $! Whew!

Read the full report from here, quite an interesting article, I knew these universities were rich, but I never even stopped to think how rich they could be...now I know

No comments:

Post a Comment