The 10 richest public universities in America

The University of Texas is by far the richest public university system in America, with an endowment topping $25 billion.

Texas is home to the only two public university systems with endowments larger than $10 billion, according to the most recent data available through the National Association of College and University Business Officers (NACUBO). The Texas A&M University System also has a massive endowment, totalling more than $11 billion.

Both these systems' funds are still below Harvard University's endowment - the largest in America, valued at over $35 billion - but are solidly competitive with the endowments of the richest private universities in the country.

These are the top 10 richest public universities, via NACUBO:

1. University of Texas System - $25.4 billion
2. The Texas A&M University System - $11.1 billion
3. University of Michigan - $9.7 billion
4. University of California - $7.4 billion
5. University of Virginia - $5.9 billion
6. The Ohio State University - $3.5 billion
7. University of Pittsburgh - $3.5 billion
8. The Pennsylvania State University - $3.4 billion
9. University of Minnesota - $3.2 billion
10. University of Washington - $2.8 billion