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$3M today is more than enough capital..... Inflation is currently only ~2%..... Also, 40% of the workforce completely retires in the next 10-years and they will need to sell their homes in order to retire, and liquidate assets. The net worth for the 1% (the top percentile) is $10,374,030.10...

There is nothing illegal about donating a building or donating to the school in hopes of improving your child's admission into the school. These parents were paying for guaranteed admission. They should have donated a $1M to USC and hoped the children gained acceptance.

Write to Business Insider. Founder is Blodget, the former equity analyst at Merrill that put a 10,000 PT on Amazon and $1,000 PT for MSFT. They barred him from the industry after the internet bubble burst and he founded this site. [It is actually a great site. A "watered down" version of the...

No. It prevents "bags". The school will not condone anything that could tarnish its recent image. They abhor the "Suntan U" moniker and have been trying to eradicate it for over 40-years. I could see UM suing a "UM Foundation". If you wish to donate, then you follow the Carol Soffer (sic)...

By the time I am 80, UM may be more selective than Duke or Georgetown........ They have $1.5 billion in research at their biotech center. If something "hits", the school will be flush.

Wealth-X ranked the top 20 US colleges with the most ultra-high-net-worth (UHNW) alumni in its new report, " The University of Ultra High Net Worth Alumni Rankings 2019." The report analyzed the Wealth-X database to look at the relationship between education and wealth levels across universities...