Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    特朗普将会见泽连斯基,商讨俄乌局势 – BitRss – Crypto World News

    September 21, 2026

    Trump Seeks To Bring Health-Research Funding Under His Control, Politico Reports

    September 21, 2026

    Women Share Life-Changing Moments That Sparked Change

    September 21, 2026
    Facebook X (Twitter) Instagram
    Trending
    • 特朗普将会见泽连斯基,商讨俄乌局势 – BitRss – Crypto World News
    • Trump Seeks To Bring Health-Research Funding Under His Control, Politico Reports
    • Women Share Life-Changing Moments That Sparked Change
    • AI search performance KPIs every marketer should track
    • New California law will penalize influencers who don’t disclose political ads
    • I Fly Economy On A Monthly Basis — Here Are My 12 Favorite Products To Minimize Suffering
    • COIN Price Prediction: Oversold at $174 but Bears Hold the Keys — $166 Before $181
    • ‘DISGUSTING and FAKE’: Hegseth Rages Over New Report On U.S. Military Casualties
    Facebook X (Twitter)
    SBM Global News
    Demo
    • Home
    • Top Stories
      • Politics
    • Business
      • Small Business
      • Marketing
    • Finance
      • Investment
    • Technology

      New California law will penalize influencers who don’t disclose political ads

      September 21, 2026
      Read More

      India forces caller-ID apps to feed spam reports to telcos

      September 19, 2026
      Read More

      Even the King of England has his hesitations about AI

      September 18, 2026
      Read More

      We don’t need AI regulation — leave safety to us, Nvidia’s Jensen Huang says

      September 16, 2026
      Read More

      With iOS 27, I’m actually using Siri again

      September 15, 2026
      Read More
    • Lifestyle
      • Travel
    • Feel Good
    • Get In Touch
    SBM Global News
    Demo
    Home»Business»Billionaire Donor Barry Sternlicht Assails Brown’s Deal With Protesters
    Business

    Billionaire Donor Barry Sternlicht Assails Brown’s Deal With Protesters

    By Staff WriterMay 4, 20245 Mins Read
    Facebook Twitter LinkedIn Reddit Email
    #image_title
    Share
    Facebook Twitter LinkedIn Pinterest Email

    One of Brown University’s major donors, the billionaire real estate mogul Barry Sternlicht, on Friday sharply criticized the school’s agreement to hold a board vote on cutting investments tied to Israel, calling it “unconscionable” and saying he had “paused” donations to the school.

    Brown is among a small number of universities that have agreed to discuss their investments in companies that do business in Israel, in order to persuade student protesters to dismantle encampments. Mr. Sternlicht, in a scathing email to The New York Times, which he copied to Brown’s president, Christina H. Paxson, said that the arrangement amounted to sympathy for Hamas, which attacked Israel last October, and described students protesting Israel’s actions in Gaza as “ignorant.”

    “There should never be a vote when people do not have the facts. It’s not education, it’s propaganda,” he wrote.

    Mr. Sternlicht, 63, said that no deal with protesters could be fruitful because the two sides did not agree on “facts and moral clarity,” as well as the scale of Israel’s invasion of Gaza after Hamas’s Oct. 7 attack in which about 1,200 were killed and another 250 were taken hostage. Israel’s subsequent intense bombardment of the tightly-packed area has left more than 34,000 dead and drawn international condemnation.

    He cited the hundreds of thousands of civilians killed in wars in Ukraine, Syria, Afghanistan, and Iraq, asking: “Where were the protests?”

    “As far as wars go, Israel has been quite muted,” Mr. Sternlicht wrote.

    The blowback from Mr. Sternlicht, who has described himself as a political independent and whose name is on a Brown residence hall, shows how quickly the issue of divestment from Israel may vex universities. Until a week ago, even discussing the subject was widely considered a non-starter, as it was sure to divide a large swath of students and faculty from many of the businesspeople whose donations fill university endowments.

    Now, the topic is on the table. The University of Minnesota, Northwestern University and Rutgers University have also agreed to discuss their investments as a way to end the protests, while activists elsewhere have included divestment from Israel on their lists of demands. No universities have taken any concrete measures to cut holdings, and it is ultimately considered unlikely.

    Mr. Sternlicht’s note represented the kind of broadside from a donor that universities have feared for months, after attacks from prominent backers earlier helped topple two Ivy League presidents. He copied on his letter a number of influential business leaders and university donors, including Marc Rowan, the private equity chieftain who led a successful campaign to unseat the University of Pennsylvania president last year.

    Dr. Paxson referred a request for comment to a spokesman for Brown, who declined to comment directly, instead sending a statement reading in part that “there are few issues as contentious and deeply felt as those related to Israel.”

    A leader of Brown’s protest earlier said that the group expected pushback from donors, but that it should carry no weight.

    One of the most well-known names in real estate, Mr. Sternlicht is chairman and chief executive of Starwood Capital Group, a developer of luxury malls, homes and hotels that once owned the Sheraton, W and Westin lodging brands, among others.

    Brown has regularly crowed about hefty donations from Mr. Sternlicht and his former wife — also a graduate of the university — and he earlier served two terms as a trustee on the Brown Corporation, the school’s governing board. A Miami resident, Mr. Sternlicht has been a supporter of Jewish and Israeli charities, and spoken about his father’s experience fleeing Poland before the Holocaust. By his count, he has donated more than $20 million to Brown, but said on Friday that he will not give more for now.

    It has been a tumultuous week at campuses across the nation, which have faced widespread student protests over the war in Gaza. Brown, like others, saw a pro-Palestinian encampment spread across its main lawn.

    Demo

    Unlike some others, however, the Brown administration was quick to negotiate a way out. Their deal: To hold a corporation vote this fall on whether the $6.6 billion Brown endowment should divest from any Israeli-connected holdings. The vote will be preceded by a meeting between a small group of student activists and corporation members this month.

    Even though several Brown donors earlier said they did not expect the vote to be successful, and that they were pleased to see the campus settle down, the mere prospect of divesting from Israel has been alarming to some. Dr. Paxson, as recently as 2020, turned down such efforts, saying that the endowment was “not a political instrument.”

    Mr. Sternlicht, in his letter, had pointed words for Dr. Paxson, suggesting that she should be more critical of Hamas, and willing to push out professors who engaged in hate speech.

    As for the protesters formerly on the quadrangle, Mr. Sternlicht wrote that students who “feel like Hamas is noble” should leave Brown.

    “I don’t know much about you,” he added, “but I didn’t go to school carrying a tent.”

    View original article here

    Share. Facebook Twitter LinkedIn Email Reddit
    Previous ArticleU.S. Job Market Eases, but Hiring Remains Firm
    Next Article Maryland Officials To Blast Rep. David Trone Over ‘Low-Level’ Comment

    Related Posts

    Anthropic Quietly Sets Up Biology Lab As It Ramps AI Drug Program

    September 19, 2026
    Read More

    Fed Raises Interest Rates in Push for ‘Timelier’ Retreat in Inflation

    September 17, 2026
    Read More

    Steve Bannon and Bernie Sanders Condemn Tech ‘Oligarchs’ and Demand A.I. Reforms

    September 16, 2026
    Read More
    Add A Comment

    Leave A Reply Cancel Reply

    Demo
    Top Posts

    Former FBI, CIA Head Has ‘Serious Concerns’ With Trump Cabinet Picks

    December 28, 2024435

    Emirates to operate next-gen A350 on the third daily service to Cape Town

    January 14, 2026256

    AAVE Price Prediction: Target $215-225 by Mid-January 2025 as Technical Indicators Signal Bullish Momentum

    December 15, 2025240

    Wall Street Slumps As Alphabet, Qualcomm And Other Tech Stocks Fall

    February 7, 2026212
    Don't Miss
    Investment

    特朗普将会见泽连斯基,商讨俄乌局势 – BitRss – Crypto World News

    By Staff WriterSeptember 21, 20262 Mins Read

    BitRss delivers the latest Top Crypto News from established and trusted voices across blockchain, bitcoin,…

    Read More

    Trump Seeks To Bring Health-Research Funding Under His Control, Politico Reports

    September 21, 2026

    Women Share Life-Changing Moments That Sparked Change

    September 21, 2026

    AI search performance KPIs every marketer should track

    September 21, 2026
    Stay In Touch
    • Facebook
    • Twitter
    Demo
    About Us

    Small Business Minder brings together business and related news from around the world in one place. Follow us for all the business news you'll need.

    Facebook X (Twitter)
    Our Picks

    特朗普将会见泽连斯基,商讨俄乌局势 – BitRss – Crypto World News

    September 21, 2026

    Trump Seeks To Bring Health-Research Funding Under His Control, Politico Reports

    September 21, 2026
    Most Popular

    Former FBI, CIA Head Has ‘Serious Concerns’ With Trump Cabinet Picks

    December 28, 2024435

    Emirates to operate next-gen A350 on the third daily service to Cape Town

    January 14, 2026256
    © 2026 Small Business Minder
    • Home
    • Get In Touch

    Type above and press Enter to search. Press Esc to cancel.

    Ad Blocker Enabled!
    Ad Blocker Enabled!
    Our website is made possible by displaying online advertisements to our visitors. To get the most from our site, please disable your Ad Blocker.