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joaolkf comments on Why are Harvard's alumni so wealthy? - Less Wrong
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It might be worth comparing Harvard and Oxford (Oxford occupies a similar power law position in the UK, but some covariates differ in a possibly instructive way -- Oxford has a medieval college system which makes it harder to coordinate investments, and UK is relatively small). Harvard's endowment far outstrips all the Oxford colleges put together.
My general impression is that Oxford is more closely associated with political power than financial power. Cambridge has a far larger endowment than Oxford and in fact it's equivalent to some of the US Ivy League schools. But Christ Church, Oxford alone has had as many Prime Ministers among its alumni as Cambridge in its entirety.
Cambridge's Endowment: £4.9 billion
Oxford's Endowment: £4.03 billion
You need to add in the endowments of the colleges as well. The richest college at Cambridge (Trinity) has an endowment of about $1.5bn; whereas the richest college at Oxford has only about $300m.
Cambridge's total colleges endowments is 2.8 and Oxford's 2.9. But the figures above already include this.