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Earlier this week, hedge fund billionaire Ken Griffin accomplished an embarrassingly impressive feat: he donated $300 million in such as a way as to do as close as possible to zero good with it.
Ken, who made his fortune in finance by founding Citadel and Citadel Securities, and is perhaps best known as one of the chief villains in the Gamestop meme-stock saga, has now donated more than half a billion dollars to Harvard. This most recent donation, which is unrestricted, triggered the school to rename their graduate school the “Harvard Kenneth C. Griffin Graduate School of Arts and Sciences.”
Paying $300 million for a plaque with your name on it over a building is vain, sure, but at least it was going to a good cause, right? Furthering “the School’s mission and to advance cutting-edge research and expand access and excellence in education for students and scholars regardless of economic circumstances,” as framed by Harvard’s press release, is a noble philanthropic goal. Who would take issue with that?