Word: billionã
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Dates: during 2001-2001
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Last year, for example, the endowment surged $4.4 billion to $19.2 billion??€”a 30 percent leap. This year, the endowment dropped to $18.3 billion...
...Harvard made headlines last fall when its endowment reached $19.2 billion??€”making the University $9 billion richer than any other...
...campaign did fall short in one key area: endowed professorships. Over the course of six years, Rudenstine raised $2.6 billion??€”but fulfilled 28 of 40 promised endowed chairs. He vowed to continue fundraising until the chairs were funded, but he leaves with the promise unfulfilled. Less than two weeks after the search committee announced that Summers would be Harvard’s next president, the Boston Globe reported that Summers planned to increase the size of the faculty by an additional 200 members...
...Last year alone, Harvard saw its endowment jump almost a third, from $14.4 to $19.2 billion??€”an increase larger than the entire endowment of universities like Dartmouth, Cornell and Duke...