Under his leadership as chancellor from 1968 to 1997, UCLA became one of the top 10 research universities in the country, student enrollment increased from almost 29,000 to more than 35,000, and the number of faculty doubled. The operating budget grew from $170 million to $2 billion. Private gifts grew from $6.2 million in 1968 to $190.8 million in 1995–1996, at that point the highest total ever reached by a UC campus. Near the end of his time in office, Young led a $1.2 billion fund-raising drive for UCLA, at the time the most ambitious ever attempted by a public university.