Politics

Chipotle Turns on Trumpy Billionaire After ICE Shooter Donation

HARD PASS

The longtime Chipotle investor drew a backlash after his $10,000 donation to the ICE agent.

Bill Ackman, CEO of Pershing Square Capital, speaks at the Wall Street Journal Digital Conference in Laguna Beach, California, U.S., October 17, 2017.
Mike Blake/Reuters

Chipotle has distanced itself from billionaire hedge fund manager Bill Ackman after he publicly supported a fundraiser for the ICE agent who fatally shot a woman in Minneapolis. In response to the mounting backlash to its former majority shareholder’s $10,000 donation, the restaurant chain wrote on Threads, “Bill Ackman is not affiliated with Chipotle.” Ackman, who has been a vocal supporter of the Trump administration, confirmed on X that he donated the money to ICE agent Jonathan Ross’s GoFundMe. In his post, Ackman called slain mom Renee Nicole Good a protester “whose actions in a split second led to her death,” while simultaneously praising Ross, saying the agent was “doing his best to do his job.” The donation sparked online criticism, including calls for a boycott of Chipotle, where Ackman served as a major shareholder of the company from 2016 until fully divesting his shares in November.

Read it at Newsweek