Unveiling Bill Ackman: The Billionaire Shaping Waves Against Harvard and Beyond

Renowned hedge fund manager on Wall Street

Gained fame for shorting bond insurer MBIA

Publicized feud with dietary supplement company Herbalife

Estimated net worth by Forbes stands at US billion

Led a recent campaign against elite US universities over the war in Gaza

Advocated against university antisemitism policies

This resulted in two high-profile resignations

Actively denounced elite US universities for neglecting the rise in campus antisemitism

Utilized social media platform X, boasting over 1.2 million followers

Targeted Harvard, his alma mater, alongside MIT and University of Pennsylvania presidents

Presidents testified on Capitol Hill during a congressional hearing on December 5, 2023

Questions focused on university rules on bullying and harassment about the Israel-Gaza conflict

Resignations of UPenn President Liz Magill and Harvard President Claudine Gay followed

Ripple effects reached corporate America

Job offers were rescinded due to comments made on the Israel-Gaza war

Business Insider reported on allegations against Ackman’s wife, Neri Oxman

Ackman’s Israeli-American wife faced allegations of plagiarism

Earned a PhD from MIT in 2010 and became a tenured professor in 2017

Acknowledged errors in failing to credit sources after plagiarism allegations

Bet US billion against the company’s stock

Rivalry with investor Carl Icahn escalated into a publicized “billionaire brawl” on live TV

Son of NYC property mogul Lawrence Ackman

Co-founded investment firm Gotham Partners in 1992

Made a high-profile bet against bond insurer MBIA during the 2008 financial crisis

Established Pershing Square Capital Management in 2004, currently managing US billion in assets

Pershing Square uniquely invests in only seven stocks, including Chipotle, Hilton, and Alphabet

Ackman actively engages in political donations

Supported Democrats Al Gore, Barack Obama, and Pete Buttigieg

Called on Joe Biden to step down in November, expressing openness to Republican candidates

Donated money to Robert F. Kennedy Jr. and Vivek Ramaswamy, who exited the race

Ackman and his wife made a significant investment, acquiring a 4.9% stake

Estimated investment amounting to US million

Represents Ackman’s first major investment in Israel since the onset of the Israel-Gaza war

Bill Ackman, a formidable figure in the financial world with a net worth of US$4 billion

Known for high-profile campaigns against antisemitism and controversial feuds

From his battles with Harvard to the Herbalife saga, Ackman remains a polarizing force in both finance and politics, shaping discussions on campuses and beyond.

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