The richest university in the world 

How much is the endowment of Harvard University in America?

Harvard University, the richest university in the world, announces that its endowments have achieved a profit of 34%, jumping to $53.2 billion in the fiscal year that ended in June.

Harvard University Endowments achieved a profit of 34% and its value jumped to 53.2 billion dollars (AP)

Harvard University, the world's richest university, said Thursday that its endowments made a profit of 34% and that their value jumped to $53.2 billion in the fiscal year that ended in June.

SCHOOL (STATE)      END OF FISCAL YEAR 2020 ENDOWMENT U.S. NEWS RANK

Harvard University (MA)                 $41,894,380,000                           2 (tie)

Yale University (CT)                         $31,108,248,000                           5

Stanford University (CA)                 $28,948,111,000                           6 (tie)

Princeton University (NJ)                 $25,944,300,000                           1

Massachusetts Institute of Technology         $18,381,518,000                           2 (tie)

University of Pennsylvania                 $14,877,363,000                           8

Texas A&M University                         $12,720,529,611                           68 (tie)

University of Notre Dame (IN)         $12,319,422,000                           19

University of Michigan—Ann Arbor         $12,308,473,000                           23 (tie)

Columbia University (NY)                 $11,257,021,000                           2 (tie)

The university's investments in the private and public markets helped bring about the increase, which university officials said represented a "fantastic" financial year.

One year ago, Harvard university reported a 7.3% profit for the fiscal year that ended in June 2020,after just months markets plunged due to the coronavirus pandemic.

The Massachusetts Institute of Technology said its endowments generated a 56 percent return in the fiscal year that ended in June, rising to $27.4 billion. The American Brown University also stated that its endowments achieved a profit of 52%, rising to $5.9 billion.