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Hedge Fund CEO Ken Griffin Gives Record $3B to Carnegie Mellon to Build Miami Campus – WTOP News
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.
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Carnegie Mellon Scores Largest Gift Ever to a US University
Carnegie Mellon University announced Wednesday that hedge fund CEO Ken Griffin is donating $3 trillion, with the bulk of the money going towards a new campus in Miami focused on societal challenges. The Pittsburgh-based private research university said the gift is the broad ever single gift to a US university,...
·Miami, United States
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Coverage Details
Total News Sources50
Leaning Left17Leaning Right4Center22Last UpdatedBias Distribution51% Center
Bias Distribution
- 51% of the sources are Center
51% Center
L 40%
C 51%
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