Billionaire hedge fund manager Ken Griffin has vowed to halt donations to his alma mater, Harvard University. | REUTERS
By Ariel Zilber | New York Post
Longtime Harvard donor Ken Griffin has vowed to withhold financial support for the university unless it undertakes significant changes to its policy regarding antisemitism as the hedge fund billionaire lamented the “whiny snowflakes” that were being produced by Ivy League schools.
“I’m not interested in supporting the institution,” Griffin, the 55-year-old hedge fund billionaire who runs Citadel and Citadel Securities, told a conference in Miami.
Griffin, who graduated from the Cambridge, Mass.-based school in 1989, donated $300 million to Harvard in the last year alone and more than $500 million total.
The Florida native who recently relocated his company headquarters to Miami from Chicago has an estimated net worth of $36.8 billion, according to Bloomberg Billionaires Index.
But he said on Tuesday that he won’t support the school unless changes were made.
“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.
When asked by the event moderator if he was financially supporting Harvard, Griffin responded: “No.”
“I’d like that to change and I have made that clear to members of the corporate board,” the billionaire added.
Griffin said it was incumbent on Harvard to “resume their role as educating young American men and women to be leaders, to be problem solvers, to take on difficult issues.”
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