Bill Ackman first heard about Warren Buffett when he was 20. Four years later, he read his first Berkshire Hathaway shareholder letter, and something clicked. “I was inspired to become an investor,” the hedge fund manager recalled.

Howard Hughes Holdings Inc.’s stock rose Monday as billionaire Bill Ackman reached a final agreement to acquire a controlling interest in the real-estate-development company that he plans to turn into a modern Berkshire Hathaway.

Bill Ackman rattled off a list of concerns over how his alma mater Harvard University has handled the conflict with President Donald Trump, arguing it needs a change in board leadership.

Billionaire Bill Ackman criticized Harvard University for failing to clamp down on antisemitic protests and agreed it needed to lose its tax-exempt status.