(Reuters) Harvard University, already the wealthiest in the world, said on Thursday that its endowment made a 34% gain and swelled to $53.2 billion in the fiscal year that ended in June. Investments in private and public markets helped fuel the increase which university officials called an “outstanding” year. A year ago, Harvard reported a 7.3% gain during the fiscal year that ended in June 2020, just months after markets tumbled amid the coronavirus outbreak.
Harvard, world’s wealthiest university, sees endowment soar to $53.2 billion
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