I have said that UM is more ivy-like than any other state U in the US, including UCB and UCLA.
Its endowment fund is now larger than half of the actual Ivies and U Chicago, Duke.
In fact, the size is almost 3 times of that of UCLA
It's no coincidence that it's the #10 billionaire-producing university in the US, ahead of even Princeton.
More than half of the donors for the latest $5B fundraising donated $5M or more. - Indeed a lot of rich alumni