Citadel's Griffin donates $3 billion to Carnegie Mellon with plans for Miami campus
The gift includes $2 billion for a 35-acre Miami campus and $1 billion for Pittsburgh programs, with enrollment expected to top 3,500 students.
- 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.
123 Articles
123 Articles
Hanford Sentinel
Lodinews.comCarnegie Mellon to open Miami campus after multibillion-dollar gift from hedge fund CEO Ken Griffin
PITTSBURGH — Carnegie Mellon University will open an innovative campus in Miami after a $3 billion donation from hedge fund CEO Kenneth Griffin, whose nationally historic gift will also aim to bolster CMU’s flagship Pittsburgh campus. The gift from Griffin…
Citadel Griffin Donates $3 Billion to Carnegie Mellon University… Largest in U.S. University History
(New York = Yonhap News) Correspondent Lim Soo-jung = Ken Griffin, founder and CEO of U.S. hedge fund Citadel, has donated a total of $3 billion (4 trillion...) to Carnegie Mellon University (CMU)
Ken Griffin pledges $3 billion gift to Carnegie Mellon, $2 billion for Miami campus
MIAMI — Citadel founder and CEO Ken Griffin is giving Carnegie Mellon University $3 billion, including $2 billion to establish a Miami campus focused on health, national security, energy and advanced manufacturing. The university announced the donation Wednesday, calling it the largest gift by an individual in higher education history. The remaining $1 billion will… The post Ken Griffin pledges $3 billion gift to Carnegie Mellon, $2 billion for …
Coverage Details
Bias Distribution
- 59% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
