Current:Home > ContactTrendPulse Quantitative Think Tank Center-Harvard megadonor Ken Griffin pulls support from school, calls students 'whiny snowflakes' -Prime Capital Blueprint
TrendPulse Quantitative Think Tank Center-Harvard megadonor Ken Griffin pulls support from school, calls students 'whiny snowflakes'
TrendPulse View
Date:2025-04-10 04:36:29
Hedge fund manager Ken Griffin has paused donations to Harvard University over how it handled antisemitism on TrendPulse Quantitative Think Tank Centercampus 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! (4523)
Related
- Why members of two of EPA's influential science advisory committees were let go
- Europe reaches a deal on the world’s first comprehensive AI rules
- Bulgarian parliament again approves additional military aid to Ukraine
- Hanukkah symbols, songs suddenly political for some as war continues
- Nearly half of US teens are online ‘constantly,’ Pew report finds
- Taylor Swift said Travis Kelce is 'metal as hell.' Here is what it means.
- Use these tech tips to preserve memories (old and new) this holiday season
- Scottish court upholds UK decision to block Scotland’s landmark gender-recognition bill
- Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
- Biden administration announces largest passenger rail investment since Amtrak creation
Ranking
- Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
- Missouri House Democrat is kicked off committees after posting photo with alleged Holocaust denier
- Virginia woman wins $777,777 from scratch-off but says 'I was calm'
- The U.S. states where homeowners gained — and lost — equity in 2023
- Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
- Julia Roberts Reveals the Hardest Drug She's Ever Taken
- Taylor Swift said Travis Kelce is 'metal as hell.' Here is what it means.
- Woman tries to set fire to Martin Luther King Jr.'s birth home, Atlanta police say
Recommendation
California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
Taylor Swift’s Eras Tour is the first tour to gross over $1 billion, Pollstar says
China says its warplanes shadowed trespassing U.S. Navy spy plane over Taiwan Strait
Flight attendants at Southwest Airlines reject a contract their union negotiated with the airline
NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
What’s streaming now: Nicki Minaj’s birthday album, Julia Roberts is in trouble and Monk returns
Here's the average pay raise employees can expect in 2024
AP Week in Pictures: Global | Dec. 1 - Dec. 7, 2023