21 Top Richest Universities in the World – Do you want to be in the know in terms of university achievement, influence, prestige, and power? Are you interested when it comes to assessing any university’s endowment rankings in that the richer the institution, the more it can afford excellent facilities and up-to-date/quantitative education?
Though we do have tertiary institutions worldwide which may not be academically oriented, they are in possession of convenient reading and schooling environment but lack a team of erudite (grounded lecturers) to aid in impacting respective knowledge in students who after a successful period of tutelage are learned in knowledge and character.
Related: Best Ivy League Online Masters Programs.
Riches, they say, can’t be measured in wealth alone; it’s an encompassing term. Aside, the university’s facilities and technological advancement which are secondary, what makes any university fully-fledged are primarily based on its practical lecturers and other academic community aiding the richness and success of that School.
- 1 21 Top Richest Universities in the World
- 1.1 1. HARVARD UNIVERSITY – CAMBRIDGE, MASSACHUSETTS:
- 1.2 2. YALE UNIVERSITY – NEW HAVEN, CONNECTICUT:
- 1.3 3. KING ABDULLAH UNIVERSITY OF SCIENCE AND TECHNOLOGY – THUWAL, SAUDI ARABIA:
- 1.4 4. UNIVERSITY OF TEXAS SYSTEM – TEXAS:
- 1.5 5. STANFORD UNIVERSITY – STANFORD, CALIFORNIA:
- 1.6 6. PRINCETON UNIVERSITY – PRINCETON, NEW JERSEY:
- 1.7 7. UNIVERSITY OF CALIFORNIA SYSTEM – CALIFORNIA:
- 1.8 8. MASSACHUSETTS INSTITUTE OF TECHNOLOGY – CAMBRIDGE, MASSACHUSETTS:
- 1.9 9. The UNIVERSITY OF MICHIGAN – ANN ARBOR, MICHIGAN:
- 1.10 10. TEXAS A&M UNIVERSITY SYSTEM – TEXAS:
- 1.11 11. UNIVERSITY OF NOTRE DAME – NOTRE DAME, INDIANA:
- 1.12 12. COLUMBIA UNIVERSITY – NEW YORK CITY, NEW YORK:
- 1.13 13. UNIVERSITY OF CAMBRIDGE – CAMBRIDGE, U.K:
- 1.14 14. NORTHWESTERN UNIVERSITY – EVANSTON/CHICAGO, ILLINOIS:
- 1.15 15. UNIVERSITY OF PENNSYLVANIA – PHILADELPHIA, PENNSYLVANIA:
- 1.16 16. The UNIVERSITY OF CHICAGO – CHICAGO, ILLINOIS:
- 1.17 17. UNIVERSITY OF OXFORD – OXFORD, U.K:
- 1.18 18. DUKE UNIVERSITY – DURHAM, NORTH CAROLINA:
- 1.19 19. EMORY UNIVERSITY – DRUID HILLS, GEORGIA:
- 1.20 20. WASHINGTON UNIVERSITY IN ST. LOUIS – ST. LOUIS, MISSOURI:
- 1.21 21. CORNELL UNIVERSITY – ITHACA, NEW YORK:
21 Top Richest Universities in the World
Here are 21 top universities, rich in experienced academics and top-notch facilities.
- Harvard University, Cambridge Massachusetts.
- Yale University, New Haven, Connecticut.
- King Abdullah University, of science and technology – Thuwal Saudi Arabia.
- University of Texas system – Texas.
- Stanford University, – Stanford, California.
- Princeton University, – Princeton, new Jersey.
- University of California system – California.
- Massachusetts institute of technology Cambridge.
- University of Michigan, Ann Arbor, Michigan.
- Texas A&M University system – Texas.
- University of Notre Dame – Notre Dame Indiana.
- Columbia University, new york city, New York.
- University of Cambridge – Cambridge U.K
- Northwest University, Evanston/ Chicago Illinois.
- University of Pennsylvania Philadelphia, Pennsylvania.
- University of Chicago – Chicago, Illinois.
- University of Oxford – Oxford, U.K
- Duke University – Durham, North Carolina.
- Emory University – Druid Hills, Georgia.
- Washington University, in ST. Louis – st. Louis Missouri.
- Cornell University, Ithaca new york.
Related: 17 best Places to Study in Europe.
1. HARVARD UNIVERSITY – CAMBRIDGE, MASSACHUSETTS:
Harvard University is a private Ivy League research university in Cambridge, Massachusetts. Founded in 1636 as Harvard college. it is the oldest institution of higher learning in the United States and the most prestigious in the world. The university is composed of ten academic faculties plus the Radcliffe Institute for Advanced Study. Arts and Sciences offer study in a wide range of academic disciplines for undergraduates and for graduates, while the other faculties offer only graduate degrees, mostly professional.
The Harvard University endowment is valued at $41.9 billion as of June 202O making it the largest academic endowment in the world. Its endowment income is channeled to help undergraduate colleges admit students, regardless of financial need, and provide generous financial aid without loans.
See also: Why Research Study Engineering Abroad?
2. YALE UNIVERSITY – NEW HAVEN, CONNECTICUT:
Yale University is a private university in New Haven, Connecticut. Founded in 1701 as a Collegiate School, it is the third-oldest institution of higher education in the United States and one of the nine Colonial Colleges chartered before the American Revolution.
The Yale University endowment is valued at $30.3 billion as of 2019, making it the world’s second-largest university, endowment, after the Harvard University endowment, and has a reputation as one of the best-performing investment portfolios in American higher education.
The endowment was established at Yale University, then Yale College, in 1718 from an initial fund of £562 provided by Elihu Yale and has grown to more than $30 billion in value over the ensuing 300 years. It is managed by the Yale Investments Office.
3. KING ABDULLAH UNIVERSITY OF SCIENCE AND TECHNOLOGY – THUWAL, SAUDI ARABIA:
KAUST is located in Thuwal, Saudi Arabia. Founded in 2009. The university provides research and graduate training programs in English as the official language of instruction. KAUST is the first mixed-gender university campus in Saudi Arabia. In 2013, the university was among the 500 fastest-growing research and citation records in the world. In the 2016 Nature Index Rising Stars, the university ranked 19th in the world of the fastest-rising universities for high-quality research output. In 2019 KAUST is ranked 8th fastest-rising young university (aged 50 and under) for their research output since 2015, as measured by fractional count.
KAUST’s endowment has ballooned to $20 billion, making it the third wealthiest university worldwide.
4. UNIVERSITY OF TEXAS SYSTEM – TEXAS:
The University of Texas System (UT System) is an American government entity of the state of Texas that includes 13 higher educational institutions throughout the state, including eight universities and five independent health institutions. The UT System is headquartered in Downtown Austin and has a total enrollment of nearly 240,000 students (largest university system in Texas) and employs 21,000 faculty and more than 83,000 health care professionals, researchers, and support staff. The UT System’s $30 billion endowment (as of the 2019 fiscal year) is the largest of any public university system in the United States.
5. STANFORD UNIVERSITY – STANFORD, CALIFORNIA:
Stanford University, officially Leland Stanford Junior University, is a private research university in Stanford, California. The campus occupies 8,180 acres, among the largest in the United States, and enrolls over 17,000 students. Stanford is ranked among the best universities in the world by academic publications. The university is organized around seven schools, three schools consisting of 40 academic departments at the undergraduate level as well as four professional schools that focus on graduate programs in law, medicine, education, and business. Stanford is particularly noted for its entrepreneurship and is one of the most successful universities in attracting funding for start-ups. Its endowment is currently $18.7 billion.
6. PRINCETON UNIVERSITY – PRINCETON, NEW JERSEY:
Princeton University is a private university in Princeton, New Jersey. Founded in 1746 in Elizabeth as the College of New Jersey, Princeton is the fourth-oldest institution of higher education in the United States and one of the nine colonial colleges chartered before the American Revolution. It officially became a university in 1896 and was subsequently renamed Princeton University. The university is governed by the Trustees of Princeton University and has an endowment of $26.6 billion, the largest endowment per student in the United States. Lastly, Princeton provides undergraduate and graduate instruction in the humanities, social sciences, natural sciences, and engineering.
7. UNIVERSITY OF CALIFORNIA SYSTEM – CALIFORNIA:
The University of California was founded on March 23, 1868, and operated in Oakland before moving to Berkeley in 1873. In 2007, the William and Flora Hewlett Foundation donated $113 million to Berkeley, while BP contributed $500 million to fund the university’s Energy Biosciences Institute. That year, the Dow Chemical Co. Foundation also donated $10 million towards sustainability research. Elsewhere, Berkeley’s business school was renamed the Haas School of Business, after the Walter and Elise Haas Fund contributed $23.75 million in 1989. And the Goldman School of Public Policy was renamed in honor of the Richard and Rhoda Goldman Fund’s $10 million gift from 1997. The UC system’s 2011 budget was $22.7 billion, and its latest combined endowment value is $11.227 billion.
8. MASSACHUSETTS INSTITUTE OF TECHNOLOGY – CAMBRIDGE, MASSACHUSETTS:
The Massachusetts Institute of Technology (MIT) is renowned for its contributions to science and engineering. MIT opened in 1865 in Boston and relocated to Cambridge in 1916. An anonymous donor, known only as “Mr. Smith,” helped finance the move. Later, this donor was shown to be Eastman Kodak founder George Eastman, who all told bestowed $20 million as well as stock in his company. MIT’s business school was renamed after former General Motors CEO Alfred P. Sloan in 1952. Meanwhile, the college’s eye-catching Kresge Auditorium, completed in 1955, was named for retail tycoon and principal financier Sebastian S. Kresge. The F.W. Olin Foundation helped establish the Franklin W. Olin College of Engineering in 1997 and had endowed it with around $460 million by 2005. MIT’s total endowment figure is currently $11.005 billion.
9. The UNIVERSITY OF MICHIGAN – ANN ARBOR, MICHIGAN:
Only 20 years after it was established in Detroit in 1817 as the University of Michigan, the University of Michigan was relocated to Ann Arbor. Still, over the years it has been a recipient of some very wealthy benefactors’ donations: the Rackham Graduate School was named after an important Ford Motor Company stockholder, Horace H. Rackham, whose widow financed the institution. The university’s school of architecture was in 1999 after property developer A. Alfred Taubman, who donated $30 million. And in 2004 Michigan’s business school was renamed for real estate mogul, alumnus and Miami Dolphins owner Stephen M. Ross after he bestowed $100 million in total. In 2013 Ross gave another $200 million to the university – the biggest one-off gift in Michigan’s history. Meanwhile, from 2000 to 2008 Michigan’s “The Michigan Difference” campaign raised $3.2 billion. The university’s latest endowment value is $9.081 billion.
10. TEXAS A&M UNIVERSITY SYSTEM – TEXAS:
The Texas A&M University System – which was founded in 1948 – is one of America’s biggest tertiary systems, incorporating 11 colleges across the state of Texas. The system’s centerpiece is Texas A&M University, which opened in 1876 and was first known as the Agricultural and Mechanical College of Texas.
Texas A&M University’s College Station campus features the signature George Bush Presidential Library and Museum, which cost $43 million and was established in 1997. The university is heavily involved with research, undertaking projects financed by agencies like NASA and the National Institutes of Health – and in 2011 Texas A&M spent a massive $705 million to fund this work. From 2012 to 2013, the college ran a fundraising donation campaign that raised an incredible – and record-breaking – $740 million. In 2013 the entire system’s endowment was valued at $8.732 billion.
Here are some scholarships that can fund your studies in these universities:
- Fully Funded Scholarships
- Ramapo College Scholarships
- Commonwealth Scholarship
- Rhodes Scholarships
- Turkish Scholarships
- Commonwealth Shared Scholarships
- University of Cambridge Bill Gates Scholarship Grants
- University of Nottingham Scholarships
- Trent University Scholarships
11. UNIVERSITY OF NOTRE DAME – NOTRE DAME, INDIANA:
The University of Notre Dame’s first benefactor was the ex-Bishop of Vincennes Célestine Guynemer de la Hailandière, who donated the land on which Father Edward Sorin established the school in 1842. Notre Dame is notable for its Notre Dame School of Architecture and Mendoza College of Business – which was renamed after NetApp executives and benefactors Tom and Kathy Mendoza in 2000.
Meanwhile, the Joan B. Kroc Institute for International Peace Studies, founded in 1986, was paid for by McDonald’s tycoon Ray Kroc’s widow Joan. During former Notre Dame president Theodore Hesburgh’s tenure from 1952 to 1987, the university’s budget increased from $9.7 million to $176.6 million, its endowment reached $350 million, and research funding soared from $735,000 to $15 million. Today, Notre Dame’s endowment is worth a reported $8.3 billion.
12. COLUMBIA UNIVERSITY – NEW YORK CITY, NEW YORK:
Upper Manhattan-based research college Columbia University was established in 1754 under the name King’s College. The college was initially funded by the redirection of state lottery funds by New York’s general assembly and was rechristened to Columbia University in 1784, following the Revolutionary War. Low Memorial Library, which was built in 1895, was overseen by then university president Seth Low, who dedicated it to his father and contributed $1 million to the project. Columbia alumnus Edward Harkness financed Columbia’s Butler Library, which was named in honor of ex-Columbia president Nicholas Murray Butler in 1946. More recently, in the 2006 financial year, Columbia made over $230 million through patent-related business. In 2013 Columbia’s endowment was valued at $8.2 billion.
13. UNIVERSITY OF CAMBRIDGE – CAMBRIDGE, U.K:
The University of Cambridge is among the very oldest schools in the world. It was apparently established in 1209 after a group of Oxford University academics left the school following a disagreement. Originally known as University Hall, Cambridge’s historic Clare College was renamed in 1338 in view of heiress Elizabeth de Clare’s generous contribution. Rather more recently, in 1973, Wolfson College was rechristened to acknowledge the benefactor of the Wolfson Foundation. And in 1990 English businessman Sir Paul Judge donated $13.3 million to Cambridge’s well-regarded business school, which was renamed in his honor. In 2000 Microsoft billionaire Bill Gates established the Gates Scholarships for international postgraduates with a $210-million endowment. Meanwhile, by 2010 the Cambridge 800th Anniversary Campaign had raised an impressive $1.72 billion. In 2013 Cambridge’s endowment fund reached $8.15 billion.
14. NORTHWESTERN UNIVERSITY – EVANSTON/CHICAGO, ILLINOIS:
In 2013 Northwestern University’s endowment fund rose to a considerable $7.9 billion. The college has two campuses in Illinois, in Evanston and Chicago, and established a third location in Doha, Qatar in 2008. Northwestern dates back to a fateful 1850 meeting involving nine religious leaders, business people, and lawyers. The university was officially founded in 1851, and opened to the public in 1855. Its acclaimed school of business was rechristened the J.L. Kellogg Graduate School of Management in 1979 after former Kellogg president John L. Kellogg donated $10 million. In 2001 the name was abridged to the Kellogg School of Management. Elsewhere, the Feinberg School of Medicine was so-named in 2002 to honor the Joseph and Bessie Feinberg Foundation’s $75-million contribution. In 2013 Northwestern’s Innovation and New Ventures Office made an impressive $79.8 million through revenue from licensing.
15. UNIVERSITY OF PENNSYLVANIA – PHILADELPHIA, PENNSYLVANIA:
The University of Pennsylvania’s predecessor, the Academy of Philadelphia – which owes its existence in part to Benjamin Franklin – first started accepting students in 1751. In 1755 the school was renamed the College of Philadelphia, and in 1791 it became chartered as the University of Pennsylvania.
In 2011 Pennsylvania topped the list of Ivy League research spending with a whopping $814 million, much of it provided by the state. The university also benefits from individual contributions – in 2010, for example, the private sector donated nearly $400 million.
Pennsylvania’s excellent business school, the Wharton School, was founded in 1881 thanks to industrialist and benefactor Joseph Wharton. And of late, in 2011, the university’s school of medicine was formally renamed after Raymond and Ruth Perelman, with respect to businessman and philanthropist Raymond G. Perelman’s $225-million donation. In 2013 the university’s endowment fund swelled to $7.7 billion.
16. The UNIVERSITY OF CHICAGO – CHICAGO, ILLINOIS:
The University of Chicago was established in 1890 owing to a $600,000 donation by oil tycoon John D. Rockefeller. Closer to the present, in 2008 Chicago’s business school was renamed for alumnus David G. Booth after the American businessman contributed a cool $300 million. Prior to that, in 1968, the university’s school of medicine was given a new moniker – after local philanthropists the Pritzker family. And in 1988 the Harris School of Public Policy Studies was founded, named after benefactor Irving B. Harris. Recently, in 2012, a new center for the arts was opened at the university thanks to a $35-million gift from graduate David Logan and wife Reva. In 2013 the school’s endowment was placed at $6.67 billion.
17. UNIVERSITY OF OXFORD – OXFORD, U.K:
Prestigious English institution the University of Oxford is one of the oldest universities in the world. Incredibly, classes are said to have taken place at Oxford way back in 1096. The university’s comparatively new Saïd Business School was set up in 1996 and named after Syrian billionaire and founding patron Wafic Saïd, who at that point had contributed as much as $70 million to the school. The college’s even newer research facility, the Oxford Martin School, was set up in 2005 and named after pioneering computer scientist, author and backer James Martin. Martin’s one-off, $99-million donation is the largest gift in Oxford’s history. In 2013 Oxford’s endowment totaled $6.3 billion.
18. DUKE UNIVERSITY – DURHAM, NORTH CAROLINA:
Duke University was founded in 1838 in Randolph County as Brown’s Schoolhouse, which went on to change its name to Union Institute, Normal College and then Trinity College. In 1892 tycoons Julian S. Carr and Washington Duke donated land and $85,000, respectively, upon which the school relocated to Durham – and Duke went on to donate $300,000 on the understanding that women would be admitted.
In 1924 Duke’s son James donated $40 million to Trinity College and other institutions and the school was renamed Duke University. Other benefactors have received similar honors: Duke’s engineering school was rechristened after alumnus Edmund T. Pratt, Jr., who contributed $35 million in 1999.
Meanwhile, the Nicholas School of the Environment was so-named after a $20-million donation in 1995 by businessman Peter Nicholas and his wife Ginny. And in 1980 Duke’s business school was renamed in tribute to businessman J.B. Fuqua’s $10-million donation. In 2013 Duke’s endowment was $6.040 billion.
19. EMORY UNIVERSITY – DRUID HILLS, GEORGIA:
Named after Bishop John Emory, Emory College was founded by Methodists in Oxford, Georgia in 1836. In 1915 then Coca-Cola president Asa Candler donated land in metropolitan Atlanta and $1 million to the college – and following its relocation, it was renamed Emory University. Emory has a history of Coca-Cola-related namesakes.
The nursing school bears the name of ex-Coca-Cola president Robert W. Woodruff’s wife Nell Hodgson Woodruff, and in 1994 Emory’s business school was rechristened after the soda giant’s former CEO Roberto Goizueta. Further back, Emory suffered as a result of the Civil War, until Methodist and banker George I. Seney donated $130,000 – and Emory’s Oxford College is built around iconic Seney Hall. Elsewhere, Emory’s Michael C. Carlos Museum is named for a local businessman who has contributed more than $20 million. The university’s endowment increased to $5.816 billion in 2013.
20. WASHINGTON UNIVERSITY IN ST. LOUIS – ST. LOUIS, MISSOURI:
The brainchild of a consortium of local politicians, business people, and religious figures, Washington University in St. Louis (Wash. U.) was established in 1853 as the Eliot Seminary. Only one year after its founding, the university was renamed Washington Institute. Later, it was called Washington University – with the suffix “in St. Louis” added in 1976. The college’s Olin Library was founded in 1963 thanks to New York-based entrepreneur and benefactor John M. Olin, and the Olin Business School was also renamed in his honor in 1988. The highly ranked school of social work was renamed after St. Louis-based entrepreneur George Warren Brown in 1928, and subsequently Brown’s estate donated $1 million to set up the school of social work’s first endowment. The university is also known for its well-regarded law and architecture and urban design schools. In 2013 Wash. U.’s endowment stood at $5.7 billion.
21. CORNELL UNIVERSITY – ITHACA, NEW YORK:
Cornell University’s history goes back to 1865 when New York-born businessman and former senator Ezra Cornell gave up his Ithaca farm and half a million dollars as the school’s first endowment. Cornell co-founded the school with the fellow senator and the university’s first president Andrew Dickson White.
Academically, the university is recognized for its world-renowned Southeast Asia studies and also has well-regarded hotel administration and architecture programs. Besides this, it is known for its highly ranked Charles H. Dyson School of Applied Economics and Management and Samuel Curtis Johnson Graduate School of Management.
The schools were renamed in 2010 and 1984, respectively – following sizable donations by the families of late businessmen Charles H. Dyson and Samuel Curtis Johnson, Sr. Cornell’s latest financial records value the school’s endowment at $5.3 billion.
In conclusion: we wish you an excellent academic study in any of the Universities in the World. Good luck!