How rich is UT Austin?

The University of Texas (UT) System, which includes UT Austin, has one of the largest endowments in the U.S., with figures around $47-48 billion for the system as of late 2024/early 2025, making it second only to Harvard. While system-wide figures are vast, UT Austin's specific endowment was around $20.85 billion in FY2024, with its funding coming from oil revenues (Permanent University Fund), state support, tuition, and gifts, creating immense financial power.

Is UT Austin the richest university?

UT Austin has the third highest endowment of any university in the country, public or private. Actually, it is possible that neither UT nor A&M include the PUF in the tally of their individual system endowments. So total Tx higher education endowment may be $48B for UT system, $19B for A&M, plus ~$33B for the PUF.

Is Austin, TX a wealthy city?

Austin is a relatively healthy city. Over the last five years Austin/Travis County has trended better than Texas and the nation on key health outcomes including obesity, smoking, physical activity, cardiovascular disease, and diabetes.

Who donated 100 million to UT Austin?

AUSTIN, Texas — The University of Texas at Austin is launching its planned world-class academic medical center with the help of a $100 million transformational gift from Austin residents Tench and Simone Coxe.

Is UT Austin the Harvard of the South?

UT Austin isn't officially the "Harvard of the South," but it's often called that or a "Public Ivy" due to its strong academics, highly-ranked programs (especially Engineering & Business), national prestige (even being named a "New Ivy" by Forbes), and large, well-funded research environment, offering Ivy-caliber education at a more accessible public university cost, though it's huge and less selective than true Ivies.
 

Asking RICH College Students How They Make Money! (at USC)

What is Dirty 6 in Austin?

"Dirty Sixth" (or Dirty 6th) refers to the historic, notoriously wild stretch of East 6th Street in downtown Austin, Texas, known for its intense nightlife, cheap drinks, live music, rowdy crowds, and numerous dive bars, creating a chaotic, party-centric atmosphere similar to a mini-Bourbon Street, attracting younger crowds and large events like SXSW.
 

Do any billionaires live in Austin?

Yes, Austin is home to numerous billionaires, including high-profile figures like Elon Musk (Tesla, SpaceX) and Michael Dell (Dell Technologies), along with others like Bert "Tito" Beveridge (Tito's Vodka), Robert F. Smith (Vista Equity Partners), Joe Gebbia (Airbnb co-founder), and Thai Lee (SHI International), with their numbers growing as the city attracts wealth. They appear on lists like Forbes 400 and make their fortunes in tech, private equity, and other sectors, making Austin a significant hub for the ultra-wealthy.
 

What is the #1 safest city in Texas?

There isn't one single "number 1" safest city in Texas, as different reports use varying criteria, but top contenders consistently include Flower Mound, Frisco, Keller, Trophy Club, and Fair Oaks Ranch, often appearing at the top for low crime rates, with some studies also highlighting Laredo for overall safety, despite varying metrics. Small cities like San Elizario and Parker also rank high, while larger suburbs like Plano and Sugar Land are noted for safety and amenities. 

What is the 90% rule at UT Austin?

The "UT Austin 90 rule" refers to the state law requiring University of Texas at Austin to reserve about 90% of its freshman spots for Texas residents, with the remaining 10% for out-of-state/international students, making it harder for non-residents to get in. For in-state students, a separate rule, the Top 10 Percent Law, guarantees automatic admission to the top percentage of their high school class, a threshold UT Austin sets annually (currently the top 5% for Fall 2026, previously 6%) to meet the 90% residency requirement and the 75% auto-admit target for residents.
 

Does Matthew McConaughey get paid by UT?

He'll make $12,009.60 a year – about $6,000 a semester – for teaching film classes at the Moody College of Communication. He's been a guest instructor since 2015, but this is his first semester as a full-time staff member.

Is it harder to get into UCLA or UT Austin?

It's generally harder to get into UCLA because it has a significantly lower acceptance rate (around 9%) compared to UT Austin (around 27%), making UCLA more selective overall, though UT Austin is very competitive, especially for popular majors like Computer Science or Engineering due to Texas's 90% in-state rule and rising applicant numbers. 

Is UT Austin an ivy now?

No, UT Austin is not an official Ivy League school, which are eight specific private universities in the Northeast, but it is widely recognized as a "Public Ivy" and was recently named a "New Ivy" by Forbes, a designation for top public and private universities producing highly-regarded graduates for employers, highlighting its prestige and academic strength.
 

What celebrities went to UT Austin?

Here are some alumni you may recognize:

• Alison Eakle. Chief Content Officer, Shondaland.
• Raymond Mansfield. Producer.
• Matthew McConaughey. Actor, Author, Philanthropist, Professor.
• Robert Rodriguez. Director, Producer, CEO of El Rey TV Network.
• Glen Powell. Actor, Writer, Producer.
• Noël Wells. Actress, Writer, Director.

What is the 5% rule at UT Austin?

The UT Austin 5% rule is a change to the university's automatic admission policy, requiring Texas high school students to rank in the top 5% of their graduating class for guaranteed entry, down from the previous 6%, starting with the Fall 2026 freshman class due to record application numbers. This policy, rooted in Texas's "Top Ten Percent Law," allows UT to fill 75% of its Texas resident spots with top-ranked students, while the remaining 25% are admitted through a holistic review.
 

Who is the richest family in Texas?

Richest billionaires in Texas

• #8. Ann Walton Kroenke. ...
• #7. Jerry Jones & family. ...
• #6. Stanley Kroenke. ...
• #5. Lyndal Stephens Greth & family. ...
• #4. Elaine Marshall & family. - Net worth: $30.9 billion. ...
• #3. Alice Walton. - Net worth: $112.5 billion. ...
• #2. Michael Dell. - Net worth: $141.6 billion. ...
• #1. Elon Musk. - Net worth: $481.6 billion.

Why is Austin so rich?

In summary, Austin's wealth can be attributed to the combination of economic growth stimulated by the tech industry, a quality of life that attracts residents, a booming real estate market, cultural diversity that stimulates innovation, and significant infrastructure investments.

Does Elon Musk own a home in Austin, Texas?

Yes, Elon Musk owns several properties in the Austin area, including a main home in West Lake Hills and a large compound with multiple mansions, reportedly for his extended family, though he claims his primary residence is a modest home near SpaceX in Boca Chica, Texas, and has previously lived in a mansion owned by a friend in Austin. He's been involved in neighbor disputes over fences and permits at his West Lake Hills properties.
 

What is the poorest part of Austin?

The pockets of deepest disadvantage lie in and near the Rundberg area in North Austin, Daffin Gin Park in Northeast, Rosewood in East Austin, Montopolis in inner Southeast, and Franklin Park in Southeast just south of the Ben White highway and immediately east of Interstate 35.

Is Austin safe to walk at night?

Austin is generally considered safe to walk at night in well-lit, populated areas like downtown, but safety varies by location and time, with busy spots like Sixth Street requiring more awareness for rowdiness and pickpockets, while quieter or poorly lit streets, especially late at night, can feel sketchier, making ride-sharing or walking in groups the safest bet. 

Is $100 a good salary in Austin, Texas?

A $100k salary in Austin offers a decent but tight living for individuals, allowing for comfort and some savings, but becomes challenging for families, especially with high housing and childcare costs, though it's generally considered a solid income compared to the rest of Texas. For a single person, it's generally comfortable, especially without major debt, while families might struggle to live very comfortably without budgeting carefully or living further from central Austin. 

Is UT an elite school?

The final category of elite universities we will mention are the Public Ivies. These are elite universities that are also public, and include schools like UC Berkeley, the University of Michigan, UNC-Chapel Hill, and UT Austin.

Is UT Dallas or Austin better?

Both universities have their unique strengths, but your preference will ultimately depend on what you're looking for in terms of academics, campus life, and atmosphere. Academics: UT Austin is often considered more prestigious and ranks higher in national and international rankings.

What is the #1 private school in Texas?

There isn't one single #1 private school in Texas, as rankings vary, but St. John's School in Houston consistently ranks at the top for best overall private K-12 school on Niche, with other top contenders including The Hockaday School, The John Cooper School, Greenhill School, and The Village School, often dominating state and city lists. The best choice depends on your location (Houston, Dallas, etc.) and specific needs (boarding, 1-on-1, etc.).