Hedge fund manager Bill Ackman / Facebook
Bill Ackman, the billionaire activist investor who runs Pershing Square Capital, is one of the world’s highest paid hedge fund bosses. In 2023 he earned $610 million, putting Ackman on the top ten list of money making hedge fund managers, according to a list released by Bloomberg.
Meanwhile, Bill Ackman is continuing his public relations campaign against the publication Business Insider because of its reporting on his wife, Neri Oxman. In January Business Insider published a story accusing Oxman of having plagiarized some of her work writing that she, “stole sentences and whole paragraphs from Wikipedia, other scholars and technical documents in her academic writing.”
That accusation came in response to Bill Ackman’s campaign against the now former president of Harvard Claudine Gay for her failure to do anything about public protests in support of the terrorist group Hamas by Harvard students on the school’s campus. Gay was later accused of plagiarism herself.
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“Over my 35-year career, I have been the subject of many thousands of articles, including extremely negative, inaccurate, and libelous articles, yet I have never sued a media organization or a journalist,” tweeted Bill Ackman as he released an open letter to the publishers of Business Insider the company Axel Springer.
Ackman explained that he is trying to avoid litigation in this matter.
Bill Ackman charged that Business Insider’s writing about Neri Oxman was “defamatory, materially false and misleading, and designed to cause her harm, principally because the reporters do not like me, my support for Israel, and my advocacy to remove former Harvard President Claudine Gay due to her leadership failures, and her lack of moral clarity.”
“Business Insider has caused enormous harm and reputational damage to many with its false and misleading reporting and unethical tactics,” said Bill Ackman. “Remarkably, however, Business Insider’s CEO and Axel Springer’s spokesperson claim that Business Insider is a paragon of journalistic professionalism, ethics, and virtue.”
Neri Oxman is an Israeli-American designer and professor known for art and architecture that combines design, biology, computing, and materials engineering. She coined the phrase “material ecology” to define her work. She was born in Haifa, Israel, in 1976. She studied architecture at the Hebrew University of Jerusalem and the Technion University – Israel Institute of Technology. She then moved to the UK to study at the London Institute of Architecture, where she received a master’s degree in design.
Bill Ackman is the founder and CEO of Pershing Square Capital Management, a hedge fund management company. He’s known for his activist investing approach, which involves taking large stakes in companies and pushing for changes in their management or strategies.
