According to Business Insider, Harvard University has purchased thousands of acres of California vineyards in the last six years. The institution is scooping up land with prime access to groundwater, a resource that's become increasingly scarce in California due to past droughts. The investment money came from Harvard's $39 billion endowment, the largest one of its kind in the world. According to The Wall Street Journal, Harvard's vineyards are now worth $305 million, three times what they were worth in 2013. <br />
