Current:Home > InvestHarvard megadonor Ken Griffin pulls support from school, calls students 'whiny snowflakes' -Aspire Money Growth
Harvard megadonor Ken Griffin pulls support from school, calls students 'whiny snowflakes'
View
Date:2025-04-11 12:38:51
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! (38938)
Related
- The Daily Money: Spending more on holiday travel?
- After editor’s departure, Washington Post’s publisher faces questions about phone hacking stories
- 1,900 New Jersey ballots whose envelopes were opened early must be counted, judge rules
- New York governor defends blocking plan that would toll Manhattan drivers to pay for subway repairs
- Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
- 26 migrants found in big money human smuggling operation near San Antonio
- Relatives of inmates who died in Wisconsin prison shocked guards weren’t charged in their cases
- Louisville, Kentucky, Moves Toward Cleaning Up Its ‘Gully of the Drums’ After More Than Four Decades
- South Korean president's party divided over defiant martial law speech
- Natalie Joy Shares How a Pregnancy Scare Made Her and Nick Viall Re-Evaluate Family Plans
Ranking
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Judge says fair trial impossible and drops murder charges against parents in 1989 killing of boy
- After attempted bribe, jury reaches verdict in case of 7 Minnesotans accused of pandemic-era fraud
- Authorities bust LEGO theft ring, find over 2,800 toys at home in Long Beach, California
- Woman dies after Singapore family of 3 gets into accident in Taiwan
- After attempted bribe, jury reaches verdict in case of 7 Minnesotans accused of pandemic-era fraud
- Where things stand on an Israel-Hamas cease-fire deal as Hamas responds to latest proposal
- Bye, Orange Dreamsicle. Hello, Triple Berry. Wendy's seasonal Frosty flavor drops next week
Recommendation
Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
AP Decision Notes: What to expect in Nevada’s state primaries
Boston Pride 2024: Date, route, how to watch and stream Pride parade
Nick Cannon Shares the Worst Father's Day Present He Ever Got & Tips to Step Up Your Gift Giving
Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
Kia recalls nearly 463,000 Telluride SUVs due to fire risk, urges impacted consumers to park outside
GameStop stock plunges after it reports quarterly financial loss
Experimental student testing model slated for statewide rollout