I don't think you have been to a university recently, considering it seems like literally everything has some donor's name attached to it - including the actual professors themselves. This is an actual professor's title:
"Kleiner Perkins, Mayfield, Sequoia Capital Professor in the School of Engineering and Professor, by courtesy, of Electrical Engineering"
Also Stanford literally has a building named after Bill Gates: https://www.cs.stanford.edu/about/gates-computer-science-bui...