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Ken Griffin Gives $3 Billion to Carnegie Mellon, Including $2 Billion for Miami Campus

institutional · 2026-09-30

Citadel founder and CEO Ken Griffin announced on Wednesday a $3 billion gift to Carnegie Mellon University, the largest individual donation in the history of higher education. Of that total, $2 billion is designated to build a new campus in Miami. The announcement was made on Wednesday. The gift is the largest individual donation in the history of higher education. The $2 billion portion is specifically allocated for constructing a new campus in Miami. The remaining $1 billion will support other university initiatives. This record-breaking donation underscores Griffin's significant philanthropic commitment to higher education and marks a major expansion for Carnegie Mellon University into Miami.

Key facts

  • Ken Griffin is the founder and CEO of Citadel.
  • Griffin announced a $3 billion gift to Carnegie Mellon University on Wednesday.
  • The $3 billion gift is the largest individual donation in the history of higher education.
  • $2 billion of the gift is allocated to build a new campus in Miami.
  • The remaining $1 billion will support other university initiatives.
  • The announcement was made on Wednesday.
  • The donation is the largest individual donation in the history of higher education.
  • The new campus will be located in Miami.

Entities

Artists

  • Ken Griffin
  • Michael Bloomberg
  • Farnam Jahanian
  • Zohran Mamdani

Institutions

  • Citadel
  • Carnegie Mellon University
  • Johns Hopkins University
  • Kenneth C. Griffin School of Computer Science
  • CNN

Locations

  • Miami
  • United States
  • Pittsburgh
  • Pennsylvania
  • Chicago
  • New York City
  • Wynwood
  • Florida

Sources