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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.
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…
August 23, 2009
Fare Thee Well, Tom Crady
And now Dean Tom Crady has precipitously announced his departure from the College after only 20 months on the job. How to read this? By way of background, prior to coming to Dartmouth, Crady had…
May 31, 2009
Kangaroo Court, Indeed
In an interview with The Dartmouth, alumni-elected trustee T.J. Rodgers ‘70 explained his reasons for declining to participate in future evaluations of trustees up for “re-election,” namely the “kangaroo court” nature of such discussion in…