Elite universities in America have faced significant financial losses. Statistics show that these institutions have lost a total of $1 billion due to various pressures. The endowments of these universities, which are substantial, have been affected. Despite their wealth, these endowments are not easily converted into cash. The financial impact on these universities highlights the challenges they face in managing their resources amidst external pressures. The loss of such a large sum underscores the vulnerability of even the wealthiest educational institutions to financial strain.
James Neill ≠ 𝕏
@jneill
·
Apr 5 Bloomberg Billionaires Index
Top 10 total since The InaugurationBefore After
$2,081bn : $1,679 billion
They’ve lost $402 billion
= 19.3% of their wealthMusk, alone, has lost $147 billion
= a THIRD of his wealth
Dazzling Doubter
@DDoubter53
·
Apr 5 Morning Katherine have a Beautiful Day!This may help!It may be good to remember this with all the chaos of the tariffs this week!Top 500 billionaires lose $500B in 2 days, the biggest drop ever tracked by Bloomberg’s indexWatch it play out!
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