Current:Home > ScamsHarvard megadonor Ken Griffin pulls support from school, calls students 'whiny snowflakes' -PureWealth Academy
Harvard megadonor Ken Griffin pulls support from school, calls students 'whiny snowflakes'
View
Date:2025-04-15 11:25:39
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! (15872)
Related
- Skins Game to make return to Thanksgiving week with a modern look
- In letters, texts and posts, Jan. 6 victims react to Supreme Court ruling on Trump immunity
- Minnesota prosecutor provides most detailed account yet of shooting deaths of 3 first responders
- Money issues may sink proposed New Jersey branch of acclaimed Paris museum. Mayor blames politics
- The 401(k) millionaires club keeps growing. We'll tell you how to join.
- 7 new and upcoming video games for summer 2024, including Luigi's Mansion 2 HD
- Halle Bailey and DDG Share First Photo of Son Halo's Face
- How Vanessa Hudgens Celebrated Husband Cole Tucker's Birthday Hours Before Baby News
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- Journey guitarist Neal Schon talks touring essentials, prized guitars and favorite songs
Ranking
- Where will Elmo go? HBO moves away from 'Sesame Street'
- 30th annual Essence Festival of Culture kicks off in New Orleans
- Italian appeals court reduces sentences for 2 Americans convicted of killing policeman
- FACT FOCUS: Trump wasn’t exonerated by the presidential immunity ruling, even though he says he was
- Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
- Taiwan demands release of fishing vessel it says was seized by China's coast guard
- Lightning strike blamed for wildfire that killed 2 people in New Mexico, damaged 1,400 structures
- 2-year-old found dead inside hot car in Georgia, but police say the child wasn't left there
Recommendation
McConnell absent from Senate on Thursday as he recovers from fall in Capitol
U.S. military heightens security alert level at European bases in response to threats
Microsoft will pay $14M to settle allegations it discriminated against employees who took leave
Some data is ‘breached’ during a hacking attack on the Alabama Education Department
Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
New Zealand tourist killed in robbery attempt at Southern California mall
U.S. military heightens security alert level at European bases in response to threats
Parent company of Saks Fifth Avenue to buy rival Neiman Marcus for $2.65 billion,