How John Paulson Became a Billionaire With One Trade

The transcript discusses John Paulson's significant financial success in 2007, where his bet on the collapse of subprime mortgages earned his firm $15 billion, marking the largest one-year payout in financial history. This success elevated him to a top-tier manager, with his firm managing $38 billion at its peak. Despite this, Paulson has not replicated such success and has since transitioned his hedge fund into a family office. He expresses a preference for investing over business operations and has made substantial philanthropic contributions, including $400 million to Harvard University and $100 million to the Central Park Conservancy.

What change did Paulson make to his hedge fund business recently?

What philanthropic contributions has Paulson made to educational institutions?