Graduate Gifts $400M to Harvard

3275322669_77675f3748_zRecently, Harvard received the largest monetary donation in the school’s history, $400M.

Harvard says the endowment from John Paulson will support the School of Engineering and Applied Sciences, which has led technology breakthroughs and is planning to expand. Paulson says it promises to become “the next major center of innovation.”

Paulson is a 1980 graduate of Harvard Business School and is founder and president of investment management firm Paulson & Co.

Find out more at CBS Money Watch.

Photo courtesy of: Roman TM