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

Graduate school of arts and sciences to be named in honor of Ken Griffin, 54, hedge-fund billionaire and world’s 35th richest person

Harvard University will rename its graduate school of arts and sciences after billionaire hedge fund executive and Republican megadonor 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.