03 January 2018
The website THEBESTSCHOOLS has published a list of the world’s richest universities, measured by financial endowment. Unsurprisingly, first place goes to Harvard with a total endowment of $34.5 billion and an annual research budget of $1.01 billion. The table is dominated by American institutions but several places from outside the USA make it into the top 100. The most remarkable of these is King Abdullah University of Science and Technology (KAUST), in Thuwai, Saudi Arabia, in sixth place with an endowment of $20 billion in 2015.
There are only eleven non-US universities in the top 100. These are Cambridge, Oxford, KAUST and King Saud University in Saudi Arabia, the National University and Nanyang Technological University in Singapore, Osaka and Kyoto Universities in Japan, the University of Toronto and the University of British Columbia in Canada and the University of Melbourne in Australia.
The top ten universities or university systems are:
- Harvard University
- Yale University
- The University of Texas System
- Stanford University
- Princeton University
- King Abdullah University of Science and Technology
- Massachusetts Institute of Technology (MIT)
- University of Pennsylvania
- Texas A&M System
- University of Michigan.