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Hedge fund manager Ken Griffin has suspended donations to Harvard University over its handling of anti-Semitism on campus since the outbreak of the Israel-Hamas war, and his alma mater is now in a “whining snow” He said that he is educating a large amount of “the crystals of the world.”
The founder and CEO of investment firm Citadel made the comments Tuesday during a keynote discussion at a conference hosted by the Managed Fund Association Network in Miami.
“Are we going to educate future congressmen and senators and the leaders of IBM? Or are we going to educate a group of young men and women who are caught up in the rhetoric of the oppressors and the oppressed? And, ‘This isn’t fair.’ And, frankly, a whining snowflake?” Griffin said at a news conference.
He went on to say, “Until Harvard makes clear that it will resume its role of educating America’s young men and women to be leaders, problem solvers, and takers, we will continue to support Harvard University.” I have no interest in doing so.” About difficult problems. ”
USA TODAY reached out to Harvard University on Thursday for the Ivy League school’s response.
Griffin, who graduated from Harvard University in 1989, donated $300 million to the university’s College of Arts and Sciences last April, the Harvard Crimson reported. According to The Crimson, Griffin has donated more than $500 million to the school.
According to Bloomberg, Griffin is worth $36.8 billion, making him the 35th richest man in the world.
Griffin tells students ‘snowflakes’ don’t hire letter signers
In his keynote speech, Griffin called Harvard students “whining snowflakes” and criticized the school’s diversity, equity, and inclusion program.
“Are America’s elite universities going back to their roots in educating America’s children and young people to be our nation’s future leaders, or are they going to tackle the microaggressions of a DEI challenge that seems to have no real end goal? “Are you going to keep wandering into the wilderness? Or just getting lost in the wilderness?” Griffin said.
During the meeting, Griffin said that the applicant, who signed a letter after the Oct. 7 attack on Israel by Hamas stating that “the Israeli regime is fully responsible for all the ongoing violence,” was at The Citadel. Neither Securities nor Citadel LLC announced that they would not be hiring.
Billionaire collects donations
Griffin is not the only major donor to suspend donations to Harvard over its handling of speech surrounding the Israel-Hamas war.
Billionaire businessman and philanthropist Leonard V. Blavatnik suspended his donations to universities in December, according to Bloomberg. Blavatnik donated $200 million to Harvard Medical School in 2018, the school’s largest gift, according to The Crimson.
The decision was led in part by Bill Ackman, a Harvard alumnus and CEO of Pershing Square Holdings, over plagiarism charges that forced former Harvard University President Claudine Gay to resign. This was done in the wake of the scandal. The campaign began after testimony to Congress from Gay and other university presidents about anti-Semitic speech on campus was widely criticized.
Gay, Harvard’s first black president, had only assumed the role over the summer. However, she resigned just six months after her appointment, the shortest term for a president in Harvard’s history.
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