Property worth Rs 4 lakh crore, money more than GDP of 100 countries, 210 patents and…., World’s richest university is…, named after…

To combat Antisemitism, the Trump administration’s Joint Task Force on April 15 said it is freezing more than USD 2 billion in multi-year grants and contracts to Harvard University in Massachusetts, Fox News reported. The decision comes after the Harvard University president issued a statement saying the school would not follow the administration’s demands regarding antisemitism. The task force said, “Harvard’s statement today reinforces the troubling entitlement mindset that is endemic in our nation’s most prestigious universities and colleges – that federal investment does not come with the responsibility to uphold civil rights laws,” as reported news agency ANI. Notably, Harvard is the wealthiest university in the world, with property and assets worth over Rs 4.5 lakh crore.

Property worth Rs 4 lakh crore, money more than GDP of 100 countries, 210 patents and…., World’s richest university is…, named after…

As per the GNT TV report, Harvard University possesses more wealth than any other university in the world. The report further mentioned that its total assets are estimated to be around Rs 4.5 lakh crore, surpassing the GDP of over 100 countries, including nations like Iceland, Tunisia, and Bahrain.

Harvard, the first college in the American colonies, was founded on October 28, 1636. Harvard’s vast endowment includes investments in hedge funds, private equity, and real estate. According to the GNT TV report, the university’s annual expenditure is around Rs 19,000 crore, yet it generates nearly three times that amount in revenue every year. Harvard University holds the distinction of producing the highest number of Nobel laureates in the world, with 161 Nobel Prize winners associated with it—more than any other university globally. Additionally, Harvard holds 210 patents to its name. It consistently ranks among the top 10 universities in the world.

Harvard University, located in Cambridge, Massachusetts, was established in 1636 as a college and was named after its benefactor, Puritan pastor John Harvard. As per the official website of Harvard University, John Harvard, the College’s future namesake and first benefactor, was baptized at St. Saviour’s Church (now Southwark Cathedral), London.

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