Bill Ackman is currently waging five battles simultaneously
From Dow Jones & Company:
Bill Ackman, billionaire hedge-fund manager behind Pershing Square Capital Management, is taking on public advocate roles in society. He’s crusading against plagiarism, leading Harvard, impugning his wife’s reputation, and antisemitism on college campuses. His critics argue whether a hedge-fund billionaire can fix these issues, but Ackman believes it’s essential to get involved with society’s problems. His hedge fund has performed well, returning 26.7% net of fees in 2023. He’s Taking on Harvard’s board, criticizing Business Insider reports about his wife’s alleged plagiarism, and arguing for the removal of MIT’s president. Lastly, Ackman has given $1 million to a political-action committee working with a Democratic representative’s longshot campaign for President Joe Biden’s nomination.
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