Current:Home > reviewsHarvard megadonor Ken Griffin pulls support from school, calls students 'whiny snowflakes' -TradeWisdom
Harvard megadonor Ken Griffin pulls support from school, calls students 'whiny snowflakes'
View
Date:2025-04-27 21:52:01
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! (37486)
Related
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- As captured fugitive resumes sentence in the U.S., homicide in his native Brazil remains unsolved
- Delegation from Yemen’s Houthi rebels flies into Saudi Arabia for peace talks with kingdom
- Brian Burns' push for massive contract is only getting stronger as Panthers LB dominates
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- Kirkland chicken tortilla soup mistakenly labeled gluten-free, USDA warns
- Hurricane Lee to strike weather-worn New England after heavy rain, flooding and tornadoes
- Braves star Ronald Acuña Jr. calls out Phillies manager over perceived celebration jab
- Toyota to invest $922 million to build a new paint facility at its Kentucky complex
- Timeline: Hunter Biden under legal, political scrutiny
Ranking
- Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
- Captured killer Danelo Cavalcante in max-security prison where Bill Cosby did time
- Karamo Addresses the Shade After Not Being Invited to Antoni Porowski's Bachelor Party
- Brian Burns' push for massive contract is only getting stronger as Panthers LB dominates
- This was the average Social Security benefit in 2004, and here's what it is now
- The UAW is barreling toward a strike. Here's what that would look like.
- Artworks believed stolen during Holocaust seized from museums in 3 states
- As UAW strike deadline nears, these states may experience the most significant job losses
Recommendation
Tom Holland's New Venture Revealed
Milwaukee suburb delaying start of Lake Michigan water withdrawals to early October
Mexico's Independence Day is almost here. No, it's not on Cinco de Mayo.
Dustin Johnson says he would be a part of Ryder Cup team if not for LIV Golf defection
EU countries double down on a halt to Syrian asylum claims but will not yet send people back
Yankees set date for Jasson Dominguez's Tommy John surgery. When will he return?
Dominican Republic to close all borders despite push to resolve diplomatic crisis
Autoworkers are on the verge of a historic strike