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Hedge fund CEO gives $3bn to Carnegie Mellon University in historic donation

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Unprecedented university donation from Citadel CEO Ken Griffin will go toward building a new Miami campus Carnegie Mellon University will receive an unprecedented $3bn donation from billionaire investor Ken Griffin, making it the largest single donation in the history of US education. Griffin, 57, is the founder and CEO of Citadel, described as the most profitable hedge fund in history.

The money is going toward a new Miami campus as well as big investments at the university鈥檚 longtime home in Pittsburgh.

Read the original report at The Guardian.

Read in depth: Technology

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The Guardian

Source headline and summary supplied via NewsData.io. First collected by NewsJaws on 2026-10-01. This is an automated news brief, not original NewsJaws reporting. Dates reflect the source publication. Feed delays may apply.

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