Harvard's endowment surpasses $50 billion, Andrew Follett points out

Harvard's endowment surpasses $50 billion, Andrew Follett points out
Harvard endowment over $50 billion

Andrew Follett questions financial literacy, highlighting that 5% of $1 trillion equals $50 billion.

He notes that Harvard alone has an endowment greater than $50 billion.

Follett has previously commented on national financial pressures in various contexts. In a recent analysis, he said prolonged economic hardship failed to mitigate Israeli threats to Iran. He also criticized how high electricity prices in the U.K. have weighed on the British economy.

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