Does endowment of a university depend on its location?

<p>

Your information is now outdated Alex.</p>

<p>Here are the new endowment figures (as of the end of 2010 FY):</p>

<ol>
<li>Harvard University ($27.4 billion)</li>
<li>Yale University ($16.3 billion)</li>
<li>Stanford ($15.9 billion)</li>
<li>Princeton ($14.4 billion)</li>
<li>MIT ($8.3 billion)</li>
<li>UT Austin ($7.2 billion)</li>
<li>Michigan ($6.6 billion)</li>
<li>Columbia ($6.5 billion)</li>
<li>Northwestern ($6.3 billion)</li>
<li>Duke ($6 billion)</li>
<li>Penn ($5.7 billion)</li>
<li>Chicago ($5.6 billion)</li>
<li>Notre Dame ($5.5 billion)</li>
</ol>

<p>Duke is now wealthier than Penn, Chicago and Notre Dame while UT Austin is wealthier than Michigan is the richest public school.</p>