$500 million Harvard megadonor halts donations, says elite schools produce 'whiny snowflakes'
Source: CNN
New York
CNN
Hedge fund billionaire Ken Griffin, who has donated more than $500 million to Harvard University over the years, has halted contributions to his alma mater and claimed elite schools produce whiny snowflakes.
Griffin, one of the richest people in the world, joins a growing list of donors to Harvard, the University of Pennsylvania, Columbia and other top schools who have decided to close their checkbooks.
At a conference in Miami on Tuesday, Griffin expressed deep frustration with the state of American universities, including the disastrous testimony before Congress by the presidents of Harvard, MIT and UPenn.
Griffin, the founder of hedge fund Citadel, said he is no longer supporting Harvard financially but would like that to change.
Read more: https://www.cnn.com/2024/01/30/money/harvard-ken-griffin-halts-donations/index.html
OAITW r.2.0
(24,694 posts)NoMoreRepugs
(9,493 posts)Freethinker65
(10,081 posts)Become a laughing stock when buildings dedicated to disinformation and bizarre studies like the positive attributes of slavery and white rule, and anti-wokeness 101 become your legacy.
EYESORE 9001
(26,012 posts)that hes 👍🏽 with that legacy.
highplainsdem
(49,060 posts)Since 2015, it was reported that the penthouse at Robert A.M. Sterns 220 Central Park South tower would set a staggering sales record. 6sqft reported at the time that the unit, dubbed the billionaires bunker, could ask between $150 and $175 million. Building documents filed in 2016 last listed the 24,000-square-foot, four-floor unit for $250 million.
-snip-
This is not the first time the billionaire has closed on a record-breaking real estate deal. The WSJ reported that Griffin recently bought several floors of a condo building in Chicago for $58.75 million, a Miami penthouse in 2015 for $60 million, and earlier this month he bought a London property for $122 million.
moniss
(4,274 posts)it is safe to use the common definition of "people with lots of money looking for opportunities to screw people out of money". Yes I know there are supposedly a few that aren't so bad but they seem to be very few and far between.
orleans
(34,086 posts)Beausoleil
(2,849 posts)Like Ted Cruz, Josh Hawley, Elaine Stefanik, etc.
Harvard should be so proud.
live love laugh
(13,171 posts)Hotler
(11,464 posts)RobinA
(9,898 posts)have a lot to be proud of these days. Their products are screwing us up bad.
SunSeeker
(51,771 posts)Pas-de-Calais
(9,911 posts)Roy Rolling
(6,943 posts)Hes just mad he didnt go to M.I.T. next door. 😂
Fuck him and his money.
no_hypocrisy
(46,250 posts)1. He only was supporting legacy admissions, not universal admissions.
2. He wanted an institution that promoted a certain demographic: privileged and wealthy white males.
3. He wasn't interested in graduates with a well-rounded liberal arts curriculum.
4. He was afraid that these "whiny snowflakes" were more than undeserved scholarship. It would spread to the privileged group. (See #2.) And that would make them unfit to run corporations, go into government, etc. Heaven forbid that these kids have critical minds and compassion for others.
LiberalFighter
(51,197 posts)FakeNoose
(32,833 posts)He must be watching Faux Noise 24/7/365. Fuck this guy....
mopinko
(70,276 posts)my ex worked in the biz, in the tech end. a couple of his coworkers went to work for them. got huge signing bonuses, big pay. they burned out in a year.
asshole to his core.
JI7
(89,281 posts)jvill
(224 posts)N/t