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Who Is a Billionaire?
The Forbes 400 list of the richest Americans is out, and if you are worth a billion dollars and do not see your name on the list, please contact Forbes’ editors. That’s the amount of money that you need to make the grade. Amazingly, as late as 1991, there were only 71 billionaires on the list.
Fortunately, the College is well represented in the Forbes ranking, which by all accounts is closely scanned by the über-wealthy. They seemingly remain competitive with their peers no matter their level of monetary success in life. Dartmouth’s billionaires on the Forbes list are all on the Board of Trustees:
#110 Trevor Rees-Jones, $3,000,000,000
#110 Leon Black, $3,000,000,000
#252 Stephen Mandel, $1,600,000,000
#365 Steven Roth, $1,100,000,000
Did I miss anyone?
Addendum: Dartblog forbids any sneering here. These folks made their money fair and square, and by all accounts they have given generously to the College. However, it is fair to ask if they spend enough time understanding the College in order to serve effectively as Trustees. After all, they are also members of numerous other prestigious boards, and they still have serious ongoing business responsibilities. No members of the Board have been spotted recently hobnobbing with faculty members to get an independent view of the College. They should.
August 14, 2013
Breaking: Of Crips and Bloods and Memories of Ghetto Parties
History repeats itself, first as tragedy and then as farce, or sometimes it just repeats itself. From the New York Times on November 30, 1998: At Dartmouth College, white students at a ”ghetto party” dressed…
June 25, 2013
Dean of the College Charlotte Johnson’s War on Students Part (2/2)
Part 1, Part 2 Today’s post again recounts the events that befell the Freshman. However, the content of the Hanover Police department report reproduced in this space yesterday is supplemented by information from my own…
October 18, 2009
When Love Beckoned in 52nd Street
We were at San Francisco’s BIX last evening, enjoying prosecco, cheese, and a bit of music. A full year of inhabitation in Northern California has unraveled to me no decent venue for proper lounging, but…
October 9, 2009
D Afraid of a Little Competish
So our colleague and Dartblog writer Joe Asch informed me that the D has rejected our cunning advertising campaign. Uh-oh. The Dartmouth is widely known as a breeding ground for instant New York Times successes,…
September 4, 2009
How Regents Should Reign
As Dartmouth alumni proceed through the legal hoops necessary to defuse a Board-packing plan—which put in unhappy desuetude an historic 1891 Agreement between alumni and the College guaranteeing a half-democratically-elected Board of Trustees—it strikes one…
August 29, 2009
Election Reform Study Committee
If you are an alum of the College on the Hill, you may have received a number of e-mails of late beseeching your input for a new arm of the College’s Alumni Control Apparatus called…