Major Harvard donor Bill Ackman slams diversity initiatives after Claudine Gay ouster

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“The E for ‘equity’ in DEI is about equality of outcome, not equality of opportunity,” Ackman wrote in a lengthy post on X. 

“DEI is racist because reverse racism is racism, even if it is against white people (and it is remarkable that I even need to point this out),” Ackman added.

“Under DEI, one’s degree of oppression is determined based upon where one resides on a so-called intersectional pyramid of oppression where whites, Jews and Asians are deemed oppressors, and a subset of people of color, LGBTQ people and/or women are deemed to be oppressed,” he continued.

Ackman explained that he felt a sense of obligation to speak out against Harvard after 34 student organizations on campus published an open letter backing Hamas terrorists and blaming Israel for the Oct. 7 terrorist attack. Ackman, who was once a major Harvard donor, ceased all donations after Harvard failed to denounce the letter and has since made it his mission to take on the “antisemitic” university.

His mission progressed when disgraced Harvard ex-President Claudine Gay failed to denounce the genocide of Jews during a congressional hearing in November alongside other Ivy League presidents that included Liz Magill of U Penn and Sally Kornbluth of MIT.

The billionaire slammed Gay’s comments that came during an earlier congressional hearing and said she was only appointed to the position because of DEI policies. Gay resigned this week over the comments made during the congressional hearing, as well as a significant plagiarism scandal.

Writing on X, the billionaire said that he wanted to provide further perspective on what DEI is really about.

“Under DEI’s ideology, any policy, program, educational system, economic system, grading system, admission policy, (and even climate change due its disparate impact on geographies and the people that live there), etc. that leads to unequal outcomes among people of different skin colors is deemed racist,” Ackman continued.

“As a result, according to DEI, capitalism is racist, Advanced Placement exams are racist, IQ tests are racist, corporations are racist, or in other words, any merit-based program, system or organization which has or generates outcomes for different races that are at variance with the proportion these different races represent in the population at large is by definition racist under DEI’s ideology,” he explained.

Additionally, Ackman attributed the increasing divisions in society to the DEI movement, describing how it has fostered resentment, which he described as “one of the most important drivers of racism.”

“All of the above said, it is one thing to give disadvantaged people the opportunities and resources so that they can help themselves. It is another to select a candidate for admission or for a leadership role when they are not qualified to serve in that role,” said Ackman.

Ackman took aim at the board of directors and said that the university’s Office of Diversity, Equity, Inclusion, and Belonging, which Gay established, needs to be shut down. Furthermore, he believes that Harvard should appoint “capable business people for the role of president.”

“The Board should not be principally comprised of individuals who share the same politics and views about DEI,” Ackman wrote. “The new board members should be chosen in a transparent process with the assistance of the 30-person Board of Overseers.”

On Tuesday, disgraced Harvard president Claudine Gay resigned just over six months into her scandal-plagued term.

Over the past few weeks, Gay has faced mounting criticism and calls to step down over not only her handling of antisemitism on campus in the wake of Hamas’ October 7 terrorist attacks in Israel, but accusations of plagiarism as well. Despite resigning in disgrace, Gay will get to keep her nearly $900,000 annual salary.

Gay, a Political Science professor, is set to return to a faculty position at the prestigious institution in Cambridge, Massachusetts despite the scandals. Prior to assuming the presidency, Gay earned $879,079 as the Faculty of Arts and Sciences Dean in 2021 and $824,068 in 2020, as per university records, the New York Post reports.

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