Citadel CEO Ken Griffin Ends Harvard Donations

In a surprising move, Citadel CEO Ken Griffin, a prominent Harvard University donor, has decided to cut off his financial support for the prestigious Ivy League institution. Griffin, who had donated over $500 million to Harvard as of April 2023, revealed his decision during the MFA Network conference in Miami.

Expressing his dissatisfaction, Griffin stated, “I’m not interested in supporting the institution unless it resumes its role educating young American men and women to be leaders and problem solvers.” He questioned Harvard’s direction, urging the university to return to its roots of shaping the future leaders of the country.

Griffin also criticized what he referred to as a “DEI agenda” at Harvard, expressing concerns about its lack of a clear endgame. He raised thought-provoking questions about the purpose of elite education in America, pondering whether it should focus on nurturing future political leaders and industry heads or if it is drifting towards fostering a culture of complaint and victimhood among students.

The billionaire’s decision comes amid a broader controversy surrounding Harvard, following the resignation of its president, Claudine Gay. Bill Ackman, a hedge-fund manager and Harvard alum, played a significant role in advocating for Gay’s resignation, citing concerns over her testimony and allegations of plagiarism. Mark Zuckerberg, who dropped out of Harvard, also made waves by endorsing a former Facebook executive for a position on the Harvard Board of Overseers.

Griffin’s decision to halt donations adds to the ongoing debate about the role and direction of elite educational institutions. As Harvard faces scrutiny for its handling of various issues, including freedom of speech concerns, the university’s future decisions and actions will undoubtedly be closely watched by its alumni and the public alike.

In a surprising move, Citadel CEO Ken Griffin, a prominent Harvard University donor, has decided to cut off his financial support for the prestigious Ivy League institution. Griffin, who had donated over $500 million to Harvard as of April 2023, revealed his decision during the MFA Network conference in Miami. Expressing his dissatisfaction, Griffin stated,…

In a surprising move, Citadel CEO Ken Griffin, a prominent Harvard University donor, has decided to cut off his financial support for the prestigious Ivy League institution. Griffin, who had donated over $500 million to Harvard as of April 2023, revealed his decision during the MFA Network conference in Miami. Expressing his dissatisfaction, Griffin stated,…