No one is really getting rich off of the endowment though. It's not like the endowment pays billions in distributions to the board of trustees or faculty. Sure the guy that manages Harvard's $53.2B is paid $6 million a year (and appears to be worth every penny of it), but face it. If Harvard had no endowment, he'd be on wall street making at least as much anyway. It's not some scheme to enrich him or anyone.
