Current:Home > ContactHarvard megadonor Ken Griffin pulls support from school, calls students 'whiny snowflakes' -WealthTrail Solutions
Harvard megadonor Ken Griffin pulls support from school, calls students 'whiny snowflakes'
View
Date:2025-04-18 07:11:56
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! (64)
Related
- IOC's decision to separate speed climbing from other disciplines paying off
- Emma Roberts says Kim Kardashian laughed after their messy kiss on 'American Horror Story'
- Voodoo doll, whoopie cushion, denture powder among bizarre trash plucked from New Jersey beaches
- NFL power rankings: Bills, Cowboys among teams taking big hits this offseason
- Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
- NBA's three women DJs are leaving an impact that is felt far beyond game days
- White House Awards $20 Billion to Nation’s First ‘Green Bank’ Network
- 6 inmates who sued New York over its prison lockdown order will get to view solar eclipse after all
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Chelsea Lazkani's Estranged Husband Accuses Her of Being Physically Violent
Ranking
- US appeals court rejects Nasdaq’s diversity rules for company boards
- Reese Witherspoon Making Legally Blonde Spinoff TV Show With Gossip Girl Creators
- Police officers’ trial on civil rights charges in Tyre Nichols death to stay in Memphis, judge says
- Thomas Gumbleton, Detroit Catholic bishop who opposed war and promoted social justice, dies at 94
- Audit: California risked millions in homelessness funds due to poor anti-fraud protections
- Rashee Rice told police he was driving Lamborghini in hit-and-run car accident, lawyer says
- Arkansas mom arrested after 7-year-old son found walking 8 miles to school, reports say
- DA says he shut down 21 sites stealing millions through crypto scams
Recommendation
Blake Lively’s Inner Circle Shares Rare Insight on Her Life as a Mom to 4 Kids
Powerball winning numbers for April 3 drawing: Did anyone win $1.09 billion jackpot?
Chelsea Lazkani's Estranged Husband Accuses Her of Being Physically Violent
Drake Bell maintains innocence in child endangerment case, says he pleaded guilty due to finances
Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
Chick-fil-A testing a new Pretzel Cheddar Club Sandwich at select locations: Here's what's in it
Emma Roberts Reveals Why She Had Kim Kardashian's Lip Gloss All Over Her Face
6 inmates who sued New York over its prison lockdown order will get to view solar eclipse after all