‘Throw Them a Rager’: Hedge Fund Billionaire Donates $10,000 to College Flag Defenders

‘Help us raise funds to throw this frat the party they deserve, a party worth of the boat-shoed Broleteriat who did their country proud,’ the GoFundMe says.

AP/Jenny Kane
A student at the University of Oregon is silhouetted in front of a Palestinian flag inside a tent encampment at the university. AP/Jenny Kane

In a notable display of philanthropy, Bill Ackman, an American billionaire and influential activist investor, has contributed $10,000 to the University of North Carolina at Chapel Hill’s Pi Kappa Phi fraternity.

The donation comes in recognition of the fraternity’s defense of the American flag during a recent anti-Israel campus protest. The GoFundMe fundraiser, which was initiated early Wednesday, has since seen an overwhelming response, with donations surging to $343,000, far exceeding its original goal of $5,000. 

Enter your email to read this article.

Get 2 free articles when you subscribe.

or
Have an account? This is also a sign-in form.
By continuing you agree to our Privacy Policy and Terms of Service.
Advertisement
The New York Sun

© 2025 The New York Sun Company, LLC. All rights reserved.

Use of this site constitutes acceptance of our Terms of Use and Privacy Policy. The material on this site is protected by copyright law and may not be reproduced, distributed, transmitted, cached or otherwise used.

The New York Sun

Sign in or  Create a free account

or
By continuing you agree to our Privacy Policy and Terms of Use