During the September 21, donor-focused launch events for The Harvard Campaign, Bill Gates ’77, LL.D. ’07 (co-founder of Microsoft, and co-chair and trustee of the Bill & Melinda Gates Foundation), and David M. Rubenstein (the father of daughters in the College classes of 2007 and 2010, and co-founder and co-chief executive officer of The Carlyle Group, the Washington, D.C.-based private-equity and investment-management firm), met for a public discussion on philanthropy, titled “The Opportunity to Make a Difference.”The Harvard Crimson student newspaper has reported that the campaign goal will be at least $6 billion. CTPost pegged the number at $6.5 billion. What might Harvard need to do with some of that $6.5 billion? Invest it in private equity!
So please give handsomely to the oldest and richest college in the U.S. Billionaire David Rubenstein needs Harvard endowment money to invest in Carlyle Group funds. Think of it as alms for the rich.