With more than $50 billion under management, Harvard has the largest college endowment in the United States. But the University of Texas is not far behind.

On today’s Big Take podcast, Bloomberg’s Janet Lorin joins host David Gura to discuss how the University of Texas harnessed land and oil to build the second-largest endowment in higher education and why it’s now adding new kinds of energy — and new ventures — to its portfolio.

Read more: Oil-Rich University of Texas Wants to Cash In on AI, Crypto and Power

With more than $50 billion under management, Harvard has the largest college endowment in the United States. But the University of Texas is not far behind.
On today&rsquo;s Big Take podcast, Bloomberg&rsquo;s Janet Lorin joins host David Gura to discuss how the University of Texas harnessed land and oil to build the second-largest endowment in higher education and why it&rsquo;s now adding new kinds of energy &mdash; and new ventures &mdash; to its portfolio.
Read more:&nbsp;<a href="https://www.bloomberg.com/news/features/2025-06-10/oil-rich-university-of-texas-wants-to-cash-in-on-ai-solar-wind-crypto?srnd=undefined">Oil-Rich University of Texas Wants to Cash In on AI, Crypto and Power</a>

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

Big Take

Oil and Gas Made the University of Texas Rich. Can Green Energy Make It Richer?

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/11f96f80-3061-4f4d-bf06-b324013f7379/transcript

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