Harvard University is a private Ivy League research university located in Cambridge, Massachusetts of United States. Established in 1636, Harvard is the oldest institution of higher learning in the United States. Harvard’s history, influence, and wealth have made it one of the most prestigious universities in the world.
The university was named after its first benefactor, John Harvard. By the 19th century, the institution had emerged as the central cultural establishment among Boston elites. Harvard University became a founding member of the Association of American Universities and currently it has the largest financial endowment of any academic institution in the world, standing at $32 billion as of September 2011.
Eight U.S. presidents have been graduates, and 75 Nobel Laureates have been student, faculty, or staff affiliates. Harvard is also the alma mater of sixty-two living billionaires, the most in the US. The Harvard University Library is the largest academic library in the United States, and one of the largest in the world.
Harvard has an intense athletic rivalry with Yale University traditionally culminating in The Game, although the Harvard–Yale Regatta predates the football game. This rivalry, though, is put aside every two years when the Harvard and Yale Track and Field teams come together to compete against a combined Oxford University and Cambridge University team, a competition that is the oldest continuous international amateur competition in the world.