Hedge fund mogul Paulson gives Harvard record $400 mln donation

Harvard University, which has educated many of the world's wealthiest investors, is now getting its biggest single gift from one them: a $400 million donation from Wall Street hedge fund mogul John Paulson. The 59-year old investor, who credits his Harvard Business School education for success at his $19 billion firm Paulson & Co, said he hoped the donation to Harvard's School of Engineering and Applied Sciences (SEAS) would help "improve humanity." "There is nothing more important to improve hu