Ken Griffin Hopes $3 Billion Gift Transforms Miami

Citadel CEO Ken Griffin is donating $3 billion to Carnegie Mellon University, the largest single gift committed to a US university. This funding allocates $2 billion to establish a new campus in Miami and $1 billion for the main campus in Pittsburgh. Griffin intends for this contribution to transform Miami. The announcement was detailed by Griffin and CMU President Farnam Jahanian in interviews with Bloomberg, focusing on the strategic expansion of the university's academic presence.