Yale Has $26 Billion Socked Away Thanks to This $5 Million Man

Yale Has $26 Billion Socked Away Thanks to This $5 Million Man l Bloomberg

by Michael McDonald, May 25, 2016

  • As the head of Yale University’s endowment, David Swensen earned $5.1 million in 2014, trailing counterparts at rival schools even as his fund outperformed them.

    Swensen’s 44 percent increase in compensation included a $2.3 million bonus, deferred pay and benefits, according to the school’s most recently available tax filing. Swensen, 62, oversees a staff of about 50 people and an endowment that is consistently among the top performers in higher education.