Categories: General Studies

Richest University in the World 2024, List of Top-10 Universities

In the realm of higher education, financial resources play a pivotal role in shaping the academic landscape and driving innovation. As we venture into 2024, it’s time to explore the wealthiest educational institutions globally, highlighting their significant contributions to research, education, and societal impact. Here, we present the top 10 richest universities in the world for the year 2024, showcasing their immense endowments and financial prowess.

Universities of the World

In 2024, universities worldwide remain bastions of knowledge and innovation, driving academic excellence and societal progress. From prestigious institutions like Harvard and Oxford to emerging centers of learning in Asia and Africa, universities continue to shape the future through groundbreaking research, interdisciplinary collaboration, and a commitment to fostering the next generation of global leaders. With diverse campuses and cutting-edge facilities, universities of the world in 2024 stand at the forefront of intellectual discovery and transformative education.

World’s Richest University 2024

Harvard University, situated in Cambridge, Massachusetts, stands as one of the wealthiest educational institutions globally, boasting an impressive endowment of $40.9 billion. Established in 1636, it initially bore the name Harvard College in honor of benefactor John Harvard, who bequeathed funds and books. Notably, in 2014, alumnus Kenneth C. Griffith, founder of Citadel, made a historic $150 million donation, cementing his status as the college’s most significant donor to date.

Top-10 Richest Universities in the World By March 2024

Harvard University of Cambridge, Massachusetts, boasting an impressive endowment of $40.9 billion, stands as the richest university in the world 2024, followed by Yale University, University of Texas System and Stanford University.

Here is the list of top-10 richest universities in the world by March 2024:

Richest University in the World 2024
Rank University Location Endowment (USD) Largest Donation (USD)
1. Harvard University Cambridge, Massachusetts 40.9 billion 150 million
2. Yale University New Haven, Connecticut 31.11 billion 250 million
3. University of Texas System Austin, Texas, United States 30.1 billion 120 million
4. Stanford University Stanford, California, USA 28.9 billion 30 million
5. Princeton University Princeton, New Jersey, USA 26.6 billion 30 million
6. University of California Oakland, California, USA 21.1 billion 113 million
7. King Abdullah University of Science and Technology Thuwal, Saudi Arabia 20 billion
8. Massachusetts Institute of Technology Cambridge, Massachusetts 18.38 billion 20 million
9. University of Pennyslvania Philadelphia, Pennsylvania 14.88 billion 400 million
10. Northwestern University Evanston, Illinois 14 billion 75 million

Richest University in the World – Harvard University

Location: Cambridge, Massachusetts

Endowment: 40.9 billion

Largest Donation: 150 million

Establishment: 1636

Harvard University, situated in Cambridge, Massachusetts, stands as one of the wealthiest educational institutions globally, boasting an impressive endowment of $40.9 billion. Established in 1636, it initially bore the name Harvard College in honor of benefactor John Harvard, who bequeathed funds and books. Notably, in 2014, alumnus Kenneth C. Griffith, founder of Citadel, made a historic $150 million donation, cementing his status as the college’s most significant donor to date.

Second Wealthiest University in the World – Yale University

Location: New Haven, Connecticut

Endowment: 31.11 billion

Largest Donation: 250 million

Establishment: 1701

Yale University, situated in New Haven, Connecticut, ranks as the second wealthiest educational institution globally, boasting an endowment of $31.11 billion. Established on October 9, 1701, Yale is renowned for its prestigious law schools, as well as its excellence in arts, medicine, management, and nursing. Regarded as one of America’s top-performing investment portfolios in higher education, Yale has received substantial donations, including a historic $250 million contribution from alumni Charles B. Johnson in 2013 for the construction of two new residential colleges. Additionally, Stephen Adams donated $100 million to enable the Yale School of Music to offer tuition-free education and establish the Adam Center for Musical Arts.

World’s Third Richest University – University of Texas System

Location: Austin, Texas, United States

Endowment: 30.1 billion

Largest Donation: 120 million

Establishment: 1883

The University of Texas, located in Austin, Texas, USA, ranks as the third wealthiest educational institution globally, with an endowment of $30.1 billion. Established in 1883, UT Austin has received significant donations over the years, including a substantial contribution of $120 million from Bill and Melinda Gates in 2010 for the construction of a computer science complex and Dell Computer Science Hall, along with $51 million for the Belo Center for New Media. The Moody Foundation also contributed $50 million in 2012 to the College of Communication, while other benefactors such as the Hearst Corporation, Mulva Family Foundation, and Red McCombs, an entrepreneur of the McCombs School of Business, donated $50 million each.

FAQs

Which is the richest university in the world?

Harvard University of Cambridge, Massachusetts, boasting an impressive endowment of $40.9 billion, stands as the richest university in the world 2024.

Which is the second richest university of the world?

Yale University, situated in New Haven, Connecticut, ranks as the second wealthiest educational institution globally, boasting an endowment of $31.11 billion.

Which is the richest university in India?

Thapar Institute of Technology is considered as the richest university in India.

Name the top-5 richest universities in the world.

The top-5 richest universities in the world are: Harvard University, Yale University, University of Texas System, Stanford University, and Princeton University.

Akansha Arora

My role as a content writer specializing in current affairs at Adda247 involves meticulously researching and crafting compelling articles aimed at guiding and informing candidates preparing for National and State Level Competitive Government Exams. With a dedication to educational excellence, I strive to keep our candidates abreast of the latest developments and trends in current affairs. By providing insightful and engaging content, I aim to ensure that aspiring candidates are well-prepared and informed for their examinations.

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