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Ken Griffin donating $3B to Carnegie Mellon

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Ken Griffin donating $3B to Carnegie Mellon

Citadel founder and CEO Ken Griffin is donating $3 billion to Carnegie Mellon University, according to an announcement from the institution on Wednesday. 

The donation is the largest individual gift in higher education history and the largest donation ever made by the hedge fund manager. 

“Carnegie Mellon University has made profound contributions to America’s preeminence in science, engineering, technology, and the arts and humanities,” said Griffin. “Since its founding, Carnegie Mellon has fostered remarkable talent, pioneered scientific breakthroughs, and expanded the frontiers of research — shaping global leaders and innovators. 

One-third of the donation will be invested in Carnegie Mellon’s Pittsburgh campus, and the other $2 billion will go to building a branch campus in Miami.  

The Miami school will be built on 25 acres in the........

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