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General News    H4'ed 6/6/15

Harvard gets biggest gift ever: $400M from Wall Street alum

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Harvard has received its biggest gift in school history -- a $400 million donation from Wall Street hedge fund billionaire John Paulson -- the university said Wednesday.

The endowment from Paulson will support the School of Engineering and Applied Sciences, which has led technology breakthroughs and is planning to expand, the university said. Paulson says it promises to become "the next major center of innovation."

Officials said the science school will be renamed the Harvard John A. Paulson School of Engineering and Applied Sciences.
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