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.
Tag: High Net Worth Individuals
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Bill Ackman’s Campaign Against Harvard Followed Years of Resentment
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.
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Praxis Founder Dryden Brown’s Utopian Visions
Dryden Brown wants Praxis to be a crypto-city for tech bros and tastemakers. Just don’t ask for details.
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Jussi Pylkkänen Steps Down as Christie’s President
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.
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New York’s Millionaire Class Is Growing. Other People Are Leaving.
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.