Word: wealthiest
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...could do for their kids, they decided, would be to leave them all their money. Bill had read a 1986 FORTUNE story about the perils of inherited wealth, and it confirmed what he had noticed at his élite private high school in Seattle. "The ones who were the wealthiest weren't the most motivated," he says. He has had long talks on the subject with other rich people, like Buffett and Katharine Graham (who inherited the Washington Post). "Warren has often said that you want to give your kids enough so that they don't have to worry...
...world’s fifth wealthiest man, Saudi Arabian Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, is donating $20 million to Harvard to expand Islamic studies, the University announced yesterday. The donation will be used to launch a University-wide Islamic studies program and to endow four senior professorships, according to a press release. The gift will also fund a new initiative, the Islamic Heritage Project, which will digitize classic Islamic texts and make them available via the internet. Alwaleed, who is the nephew of the late King Fahd, became the center of controversy shortly after the September...
Zawel’s work is an extensive survey of the country’s oldest, wealthiest, and most prestigious universities. The book analyzes various aspects of each of the eight Ivy Leagues, including night life, on-campus dining, and extracurricular activities...
...apply based on stereotypes,” says Dean of Admissions and Financial Aid William R. Fitzsimmons ’67. Byerly’s outreach program seeks to dispel these darker aspects of the Harvard myth: that the University is a leisure-class training ground where only the wealthiest are welcome. The new recruiting techniques, such as targeting low-income applicants by zip code and paying personal visits to students in economically depressed regions, aim to make Harvard’s resources appear more accessible to the working class...
...Sierra Club, an environmental group, Mary Ann Nelson, said Harvard students could contribute more to the environment. “I would hope that all the students and all the other members of the Harvard community will look at their own energy consumption. Harvard students are among wealthiest in country,” Nelson said. “It’s great Harvard got this award, but everyone can do better.” But students have had some influence on University environmental policy. The Kennedy School of Government passed a referendum in February 2004—proposed...