2min chapter

My First Million cover image

#222 - How to Get a Slice of Harvard's Billion Dollar Case Study Industry

My First Million

CHAPTER

Is Harvard Worth More Than Nike?

Harvard's endowment is forty billion dollars. So let's say that they get a seven % return, so that's a little bit less than four billion dollars, right? That they get an annual profit. If they gave free tuition to all their students and they only paid their bills with their endowment profits, they would still net make a few hundred million dollars a year. They have not infinite, but close to as many, as much resources as you could everpossess needto to build, yes.

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