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The Guardian - US
The Guardian - US
World
Julia Carrie Wong in New York and Stephanie Kirchgaessner in Washington

Harvard to rename school after top Republican donor following $300m gift

Harvard University campus
Kenneth Griffin will be just the fourth individual to have a school at Harvard named after him in exchange for a donation. Photograph: Charles Krupa/AP

Harvard University will rename its graduate school of arts and sciences after the billionaire hedge fund executive and Republican mega-donor Kenneth Griffin, the institution announced on Tuesday, after a new $300m contribution brought Griffin’s total support of his alma mater to more than half a billion dollars.

Griffin, 54, is the founder and chief executive of Citadel, a $59bn hedge fund, and Citadel Securities, which trades securities. He is the 35th richest person in the world, with a net worth of $34.9bn, according to the Bloomberg billionaires index.

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