Current:Home > NewsHarvard megadonor Ken Griffin pulls support from school, calls students 'whiny snowflakes' -MoneyMentor
Harvard megadonor Ken Griffin pulls support from school, calls students 'whiny snowflakes'
View
Date:2025-04-15 00:03:50
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! (43)
Related
- Sam Taylor
- Popeyes customer stabbed by employee amid attack 'over a food order': Police
- 1000-Lb. Sisters' Amy Slaton Shares New Photos of Her Kids After Arrest
- 'Locked in:' Dodgers pitching staff keeps rolling vs. Mets in NLCS Game 3
- Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
- 'Inflation-free' Thanksgiving: Walmart unveils discount holiday meal options for 2024
- Small business disaster loan program is out of money until Congress approves new funds
- JD Vance quips that Donald Trump will 'stop' rumored Skyline Chili ice cream flavor
- All That You Wanted to Know About She’s All That
- Co-founder of cosmetics company manifests Taylor Swift wearing her product
Ranking
- Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
- See Cher, Olivia Culpo and More Stars Attending the Victoria's Secret Fashion Show 2024
- Popeyes for Thanksgiving? How to get your own Cajun-style turkey this year
- Idaho will begin using deep veins as backup for lethal injection executions, officials say
- McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
- There's a big Ozempic controversy brewing online. Doctors say it's the 'wild west.'
- US law entitles immigrant children to an education. Some conservatives say that should change
- Victoria's Secret Fashion Show: See Gigi Hadid, Irina Shayk and More Models Hit the Runway
Recommendation
Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
ALDI's Thanksgiving dinner bundle is its lowest price in 5 years: How families can eat for less
Hunter Biden revives lawsuit against Fox News over explicit images used in streaming series
Some coaches may get surprise if they reach College Football Playoff. And not a good one.
Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
See Kelli Giddish's Sweet Law & Order: SVU Reunion With Mariska Hargitay—Plus, What Rollins' Future Holds
Hundreds of troops kicked out under ‘don’t ask, don’t tell’ get upgraded to honorable discharges
Tennessee Titans expected to release veteran Jamal Adams, per report