3 ms·
Harvard has according to their own estimates about $5.4B expenses per year. Their endowment would last about 10 years. Their goal to become completely financial
by jcfrei 3y ago
Harvard has according to their own estimates about $5.4B expenses per year. Their endowment would last about 10 years. Their goal to become completely financially independent (assuming an average annual return of 5% on their assets) would require an endowment just about twice that size.