Billionaire Bill Ackman Donates $10K to Fund UNC Frat ‘Rager’

Billionaire hedge fund manager Bill Ackman donated $10,000 Thursday to the GoFundMe page set up for the fraternity house that defended the American flag during pro-Palestinian protests.

On Tuesday, pro-Palestinian protestors attempted the take down the American flag on the UNC quad, until members of Pi Kappa Phi showed up to prevent the flag from touching the ground. Although the Palestinian flag was raised briefly, the photos of the fraternity brothers in full patriot display went viral.

As of Thursday evening, the organizers far surpassed their initial goal of $15,000 and are now nearing the $450,000 mark. Organizer John Noonan saw the viral photo and became inspired to throw ‘a rager” for the members of Pi Kappa Phi fraternity at the University of North Carolina Chapel Hill.

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