[Updated (6/3/2015, 5:01 p.m.) with criticism of the donation and a response from Mr. Paulson.]
Harvard University will receive its largest donation ever in the form of a $400-million endowment to support its engineering school, the university announced on Wednesday. John A. Paulson, a billionaire who founded the investment firm Paulson & Company, is behind the gift to the School of Engineering and Applied Sciences, which will be renamed in his honor.
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