Donations to U.S. universities reached $59.5 billion last year, and they come increasingly from a smaller group of wealthy donors. Many of them expect their money to buy a voice in university affairs.
The billionaire investor has mounted a high-profile battle against Harvard president Claudine Gay over antisemitism and threats to Jewish students on campus, but long-held personal grudges play a part, too.
The Christie’s president Jussi Pylkkänen, who held the hammer for the auction house’s biggest sales, is leaving after nearly 40 years. Much changed in that time.
Despite an exodus earlier in the pandemic, New York’s millionaires are increasing in number, according to a new report, raising questions about the state’s tax policies.