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The gesture marks the largest gift in the university's 379-year history, surpassing last-year's record-setting donation by Hong Kong-born investor Gerald Chan, who gave $350 million to the School of Public Health. Paulson graduated from Harvard Business School in 1980 and went on to found Paulson & Company in 1994.
(Cambridge, MA). With a current endowment of over $32.7 billion, Ivy League Harvard University is the wealthiest university in the world. Founded in 1636 as New College, it was quickly renamed in honor of John Harvard, a Cambridge-educated clergyman who donated $1,285 and a large collection of books.