Ken Griffin Pledges $3 Billion to Carnegie Mellon University for New Miami Campus
Carnegie Mellon University has announced a historic $3 billion donation from Ken Griffin, CEO of Citadel. This is the largest individual gift in higher education history and will be used primarily to establish a new campus in Miami. The previous record was set by Phil Knight's $2 billion contribution to Oregon Health & Science University. Griffin, who moved his company’s headquarters to Miami in 2022, has become an advocate for the city and its business-friendly environment. He will join Carnegie Mellon’s board of trustees and emphasized that the new campus would foster innovation and economic growth in Florida while expanding the university's global influence. The campus is expected to open in 2028 with a focus on addressing societal challenges such as climate resilience. Griffin has previously donated large sums to Harvard University, the University of Chicago, and Miami-based institutions. His philanthropy reflects his growing commitment to South Florida since relocating Citadel.
