$400-million gift for Harvard

Harvard University has received its biggest gift in school history — a $400-million donation from Wall Street hedge fund billionaire and alumnus John Paulson, the university said.

The endowment from Paulson will support the School of Engineering and Applied Sciences, which has led technology breakthroughs and is planning to expand, the university said.

Harvard received the gift amid a $6.5-billion fundraising campaign that started in 2013.