Bill Ackman Has Another Gripe With Harvard: A Bungled Stock Gift

Bill Ackman, who has been calling for Harvard to oust its president over antisemitism, took to X Tuesday night to share another complaint about his alma mater.

The billionaire investor is frustrated with Harvard’s handling of a donation he made in 2017. As he tells it, he was in the middle of a divorce and had little cash on hand, so gifted the school $10 million of shares in a private company, Coupang.

A few years later, the Korean e-commerce company was nearing an IPO at a valuation of around $50 billion and the value of Ackman’s gift to Harvard had ballooned in value to $85 million.

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