Current:Home > FinanceHarvard megadonor Ken Griffin pulls support from school, calls students 'whiny snowflakes' -OceanicInvest
Harvard megadonor Ken Griffin pulls support from school, calls students 'whiny snowflakes'
View
Date:2025-04-14 06:44:40
Hedge fund manager Ken Griffin has paused donations to Harvard University over how it handled antisemitism on campus since the start of the Israel-Hamas war, saying that his alma mater is now educating a bunch of "whiny snowflakes."
The CEO and founder of the Citadel investing firm made the comments during a keynote discussion Tuesday at a conference hosted by the Managed Funds Association Network in Miami.
"Are we going to educate the future members of the House and Senate and the leaders of IBM? Or are we going to educate a group of young men and women who are caught up in a rhetoric of oppressor and oppressee and, 'This is not fair,' and just frankly whiny snowflakes?" Griffin said at the conference.
He continued to say that he's "not interested in supporting the institution ... until Harvard makes it very clear that they’re going to resume their role as educating young American men and women to be leaders, to be problem-solvers, to take on difficult issues."
USA TODAY reached out to Harvard on Thursday for the Ivy League school's response.
Griffin, who graduated from Harvard in 1989, made a $300 million donation to the university's Faculty of Arts and Sciences in April last year, reported the Harvard Crimson. Griffin has made over $500 million in donations to the school, according to The Crimson.
Griffin is worth $36.8 billion and is the 35th richest man in the world, according to Bloomberg.
Griffin calls students 'snowflakes' won't hire letter signatories
In the keynote, Griffin called Harvard students "whiny snowflakes" and criticized Diversity, Equity, and Inclusion programs.
"Will America’s elite university get back to their roots of educating American children – young adults – to be the future leaders of our country or are they going to maintain being lost in the wilderness of microaggressions, a DEI agenda that seems to have no real endgame, and just being lost in the wilderness?" Griffin said.
In the talk, Griffin announced that neither Citadel Securities nor Citadel LLC will hire applicants who signed a letter holding "the Israeli regime entirely responsible for all unfolding violence" after the Oct. 7 attack by Hamas against Israel.
Billionaires pull donations
Griffin isn't the only major donor to pause donations to the school over how Harvard has handled speech around the Israel-Hamas war.
Leonard V. Blavatnik, a billionaire businessman and philanthropist, paused his donations to the University in December, according to Bloomberg. Blavatnik made a $200 million donation to the Harvard Medical School in 2018, the school's largest donation according to The Crimson.
The decisions come in the wake of a plagiarism scandal, spearheaded in part by Harvard Alumnus and Pershing Square Holdings CEO Bill Ackman, that forced the resignation of former Harvard President Claudine Gay. The campaign began after Congressional testimony from Gay and other university presidents about antisemitic speech on campus was widely criticized.
Gay, Harvard’s first Black president, had only stepped into the role over the summer. But she resigned just six months into her tenure, the shortest of any president in Harvard history.
veryGood! (9462)
Related
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Having Rolled Back Obama’s Centerpiece Climate Plan, Trump Defends a Vastly More Limited Approach
- Judge overseeing Trump documents case agrees to push first pretrial conference
- Watch the Moment Pregnant Kourtney Kardashian and Travis Barker Revealed They're Expecting
- 2 killed, 3 injured in shooting at makeshift club in Houston
- Federal safety officials probe Ford Escape doors that open while someone's driving
- Inside Ben Stiller and Christine Taylor's Private Family Life With Their Kids
- The Trump Organization has been ordered to pay $1.61 million for tax fraud
- $73.5M beach replenishment project starts in January at Jersey Shore
- Anthropologie's Epic 40% Off Sale Has the Chicest Summer Hosting Essentials
Ranking
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- Mary Nichols Was the Early Favorite to Run Biden’s EPA, Before She Became a ‘Casualty’
- Family, friends mourn the death of pro surfer Mikala Jones: Legend
- Kourtney Kardashian Is Pregnant, Expecting First Baby With Husband Travis Barker
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Cold-case murder suspect captured after slipping out of handcuffs and shackles at gas station in Montana
- Bridgerton Unveils First Look at Penelope and Colin’s Glow Up in “Scandalous” Season 3
- BP’s Net-Zero Pledge: A Sign of a Growing Divide Between European and U.S. Oil Companies? Or Another Marketing Ploy?
Recommendation
Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
Planet Money Movie Club: It's a Wonderful Life
Microsoft can move ahead with record $69 billion acquisition of Activision Blizzard, judge rules
The First African American Cardinal Is a Climate Change Leader
House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
New Climate Research From a Year-Long Arctic Expedition Raises an Ozone Alarm in the High North
Drive-by shooting kills 9-year-old boy playing at his grandma's birthday party
'It's like gold': Onions now cost more than meat in the Philippines