Current:Home > reviewsHarvard megadonor Ken Griffin pulls support from school, calls students 'whiny snowflakes' -WealthSync Hub
Harvard megadonor Ken Griffin pulls support from school, calls students 'whiny snowflakes'
View
Date:2025-04-15 15:34:22
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! (483)
Related
- Trump wants to turn the clock on daylight saving time
- Budget-Friendly Dorm Room Decor: Stylish Ideas Starting at $11
- Housing costs continue to drive inflation even as food price hikes slow
- Jordan Chiles Olympic Medal Controversy: USA Gymnastics Reveal Further Issues With Ruling
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- Shop J.Crew Factory’s up to 60% off Sale (Plus an Extra 15%) - Score Midi Dresses, Tops & More Under $30
- See Travis Kelce Make His Acting Debut in Terrifying Grotesquerie Teaser
- Judge tells Google to brace for shakeup of Android app store as punishment for running a monopoly
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Massachusetts governor signs law phasing out toxic PFAS in firefighters’ gear
Ranking
- Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
- US shoppers sharply boosted spending at retailers in July despite higher prices
- Federal agency says lax safety practices are putting New York City subway workers at risk
- In Mississippi, discovery of elephant fossil from the ice age provides window into the past
- Where will Elmo go? HBO moves away from 'Sesame Street'
- 'Jackpot!' star John Cena loves rappers, good coffee and a fine tailored suit
- Lady Gaga’s Brunette Hair Transformation Will Have You Applauding
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Back Channels
Recommendation
Travis Hunter, the 2
Chicago police chief highlights officer training as critical to Democratic convention security
Shop J.Crew Factory’s up to 60% off Sale (Plus an Extra 15%) - Score Midi Dresses, Tops & More Under $30
A fiery Texas politician launched a legal assault on Google and Meta. And he's winning.
Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
Chicago police chief highlights officer training as critical to Democratic convention security
Pro-Palestinian protesters who blocked road near Sea-Tac Airport to have charges dropped
Red Cross blood inventory plummets 25% in July, impacted by heat and record low donations