John Paulson Gives $400 Million To Harvard For Engineering School

[siru]

Harvard announced on Wednesday that the billionaire hedge fund manager John A. Paulson has given a $400 million endowment to support the School of Engineering and Applied Sciences — the largest gift in the university’s history.

Drew Gilpin Faust, the president of Harvard, said in a statement that Mr. Paulson’s appreciation for the importance of the engineering school “to faculty, students and schools across the university” led to the gift. The donation, Dr. Faust said, “will change Harvard and enhance our impact on the world beyond.”

Mr. Paulson, 59, a 1980 graduate of the Harvard Business School, is the founder of Paulson & Company, a hedge fund that manages $19.5 billion of money for wealthy individuals and pension funds like the New York State Common Retirement Fund.

He is among the most handsomely paid hedge fund managers and in 2013 took home $2.3 billion, according to a ranking by Institutional Investor’s Alpha magazine. Like many others in the hedge fund industry, Mr. Paulson takes a management fee of between 1 and 2 percent of assets under management and a performance fee of 20 percent of any annual gains.

[always_happy116]

maa colg ilane okadu donate chesadu.. maa engg building name ee change chesaru ippudu

[JasonBourne13]

Enta cheste em laabham... aa univ lo admission raavali kada :(

 

I wish I could be a part of such a prestigious university. Great people still exist! :)

[siru]

maa colg ilane okadu donate chesadu.. maa engg building name ee change chesaru ippudu

Nuvvu stock market lo billionaire ayyi
Donate cheyyi..
Nee name kuda add avtadi :)

[always_happy116]

Nuvvu stock market lo billionaire ayyi
Donate cheyyi..
Nee name kuda add avtadi :)

 

aaa inka emi anipisthundi :P