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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.
The casino magnate and his wife, who were the largest donors in 2012, jumped in late this cycle with a $20 million contribution to a GOP Senate super PAC. The hedge fund founder has emerged as one of the leading donors to super PACs supporting Hillary Clinton and Democratic House candidates.