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Cambridge richest university in Britain: Report

Sunday March 04, 2012 03:40:56 PM, IANS

London: The Cambridge University is worth 4 billion pounds - more than double the combined value of every other university in the country, excluding Oxford, the Daily Mail reported Saturday.

The figure dwarfs second-placed Oxford, which has a value of 3.3 billion pounds. Only super-rich US universities, such as Harvard, boast deeper pockets than Cambridge.

It means that outside Oxford and third-placed Edinburgh's 200 million-pound valuation, Cambridge is worth double the combined 2 billion-pound assets of Britain's other universities.

The wealth gap figures attracted fresh criticisms of elitism at the university.

The enormous wealth is attributed to building assets and land ownership accumulated over the university's 800-year history.


 



 

 

 

 

 

 

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Prime Minister Dr. Manmohan Singh presenting a memento to the President of Rotary International Kalyan Banerjee at the inauguration of the Polio Summit 2012, in New Delhi on February 25, 2012. Union Minister for Health and Family Welfare Ghulam Nabi Azad and Minister of State for Health and Family Welfare Sudip Bandyopadhyay are also seen.

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