Current:Home > MarketsHarvard megadonor Ken Griffin pulls support from school, calls students 'whiny snowflakes' -WealthX
Harvard megadonor Ken Griffin pulls support from school, calls students 'whiny snowflakes'
View
Date:2025-04-14 07:43:40
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! (2494)
Related
- Former longtime South Carolina congressman John Spratt dies at 82
- Washington Gov. Jay Inslee tests positive for COVID-19 for 3rd time
- Wildfires can make your California red taste like an ashtray. These scientists want to stop that
- Harry Potter's Bonnie Wright Gives Birth, Welcomes First Baby With Husband Andrew Lococo
- What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
- After Malaysia bans his book, author says his depiction of Indonesian maid was misunderstood
- When will Drew Barrymore, Jennifer Hudson, more daytime stars return after writers' strike?
- Chiefs linebacker Willie Gay takes subtle shot at Jets quarterback Zach Wilson
- How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
- 6 women are rescued from a refrigerated truck in France after making distress call to a BBC reporter
Ranking
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- Brooke Hogan says she's distanced herself from family after missing Hulk Hogan's third wedding
- Murder suspect mistakenly released from Indianapolis jail captured in Minnesota
- Tired of pumpkin spice? Baskin-Robbins' Apple Cider Donut scoop returns for October
- Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
- North Dakota Supreme Court strikes down key budget bill, likely forcing Legislature to reconvene
- Iraq’s prime minister visits wedding fire victims as 2 more people die from their injuries
- Powerball jackpot at $850 million for Sept. 27 drawing. See Wednesday's winning numbers.
Recommendation
Where will Elmo go? HBO moves away from 'Sesame Street'
2 bodies were found in a search for a pilot instructor and a student in a downed plane
Last samba in Paris: Gabriela Hearst exits Chloé dancing, not crying, with runway swan song
Fatal 2021 jet crash was likely caused by parking brake left on during takeoff, NTSB says
Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
Authors discuss AR-15’s history from LA garage to cultural lightning rod
'Good Samaritan' hospitalized after intervening on attack against 64-year-old woman: Police
Electric vehicle charging stations are a hot commercial property amenity