Harvard President Claudine Gay's handling of antisemitism on campus since the Oct. 7 terror attack by Hamas on Israel has cost the university over a billion dollars in donations, CEO of Pershing Square Capital Management and influential Harvard alum Bill Ackman told Fox Business Monday.
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Pushing for Gay to resign or be fired, Ackman sent a letter to Harvard's governing boards, which he also posted on social media, arguing that she "has done more damage to the reputation" of the school than any other individual in its centuries-old history.
Video: Israeli hostages being handed over by Hamas on November 28, 2023 / Credit: Social media
"President Gay's failures have led to billions of dollars of canceled, paused, and withdrawn donations to the university. I am personally aware of more than a billion dollars of terminated donations from a small group of Harvard's most generous Jewish and non-Jewish alumni," Ackman wrote.
The billionaire investor began to call for Gay's resignation after she testified at a House committee hearing on the rise of antisemitism on college campuses – along with the University of Pennsylvania President Liz Magill and MIT President Dr. Sally Kornbluth – refusing to say that calling for the genocide of Jews on campus breached the school's rules and constituted harassment.
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