Billionaire Len Blavatnik Pauses Donations to Harvard Amid Antisemitism Controversy
The decision follows criticism of University President Claudine Gay's handling of antisemitism and could significantly impact Harvard's finances.
- Len Blavatnik, a billionaire philanthropist and major Harvard donor, has paused donations to the University due to its handling of antisemitism on campus.
- Blavatnik's decision follows criticism of University President Claudine Gay’s response to the Israel-Hamas war and her testimony during a congressional hearing.
- Blavatnik has previously donated at least $270 million to the University, including a record-setting $200 million to Harvard Medical School in 2018.
- The growing donor revolt threatens to put a strain on Harvard’s finances, as philanthropy accounts for 45 percent of the University’s annual revenue.
- Blavatnik's decision is a significant blow to Gay, who has faced multiple crises during her first semester in office, including allegations of plagiarism.