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Stony Brook gets $500 million gift from hedge fund honcho James Simons -- largest to college in US history - Vimarsana News

Stony Brook gets $500 million gift from hedge fund honcho James Simons -- largest to college in US history

Former math professor turned billionaire hedge fund honcho James Simons has donated $500 million to his former employer -- Stony Brook University, it was announced Thursday.

Source: nypost.com
Simons Foundation, founded by former math professor, gives historic $500 million gift to Stony Brook University - Vimarsana News

Simons Foundation, founded by former math professor, gives historic $500 million gift to Stony Brook University

The school will use the investment income for anything from immediate needs to endowed professorships, scholarships, new academic fields and research.