Hedge Fund CEO Ken Griffin Gives Record $3B to Carnegie Mellon to Build Miami Campus
The gift will fund a 35-acre campus in Wynwood and expand Carnegie Mellon’s computer science program, the university said.
- On Wednesday, hedge fund CEO Ken Griffin announced a $3 billion donation to Carnegie Mellon University to fund a new 35-acre campus in Miami's Wynwood neighborhood and support the Pittsburgh campus.
- Griffin, who moved Citadel's headquarters from Chicago to Miami in 2022, has increasingly shifted his business interests to South Florida, redirecting resources away from New York City following a dispute with Mayor Zohran Mamdani.
- The donation will be split, with $1 billion allocated to Pittsburgh to rename the School of Computer Science, while $2 billion funds the Miami campus focus on "grand challenge areas" like human health and energy resilience.
- CMU President Farnam Jahanian said the Miami campus will "pioneer a new model for higher education" when it launches in 2028, with the campus expecting to enroll around 3,500 students as Griffin joins the Board of Trustees.
- Griffin told Reuters this is "the largest single investment in higher education in the history of the United States," surpassing the $1.8 billion donation former New York City Mayor Michael Bloomberg gave to Johns Hopkins University in 2018.
27 Articles
27 Articles
Hedge fund CEO Ken Griffin gives record $3B to Carnegie Mellon to buil
Carnegie Mellon University announced Wednesday that hedge fund CEO Ken Griffin is donating $3 billion, with the bulk of the money for a new campus in Miami focused on societal challenges. The Pittsburgh-based private research university said
Hedge fund CEO Ken Griffin gives record $3B to Carnegie Mellon to build Miami campus – WTOP News
Carnegie Mellon University announced Wednesday that hedge fund CEO Ken Griffin is donating $3 billion, with the bulk of the money for a new campus in Miami focused on societal challenges. The Pittsburgh-based private research university said the gift is the largest ever single gift to a U.S. university. Other donations topping the billion-dollar mark...
Citadel's Griffin donates $3 billion to Carnegie Mellon with plans for ...
Hedge fund CEO Ken Griffin donates $3 billion to Carnegie Mellon as part of his bet on Florida
By Samantha Delouya, CNN (CNN) — Billionaire hedge fund manager Ken Griffin is doubling down on Miami, announcing on Wednesday a $3 billion donation to help fund a new campus for Carnegie Mellon University in the city. The staggering amount is the largest-ever gift by an individual in higher education, surpassing Michael Bloomberg’s $1.8 billion
Coverage Details
Bias Distribution
- 50% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
