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Oxford and Cambridge university colleges hold £21bn in riches

12:06 AM

Guardian study reveals how wealth of nearly 70 colleges is held in estates, endowments and artworks

Britain’s ancient universities of Oxford and Cambridge have access to a staggering pool of wealth totalling almost £21bn, analysis by the Guardian has revealed.

Using a combination of freedom of information requests and audited accounts to piece together the estates, endowments, investments and other assets – including artworks and antiques – held by nearly 70 colleges and institutions shows the full extent of Oxbridge’s remarkable wealth.

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from The Guardian https://ift.tt/2IUXCWG

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