Citadel CEO's $3 billion pledge to CMU reshapes Florida's academic landscape

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By Sarah Davis • Updated Sep 30, 2026 at 14:30

Carnegie Mellon University Announces Historic $3 Billion Gift from Ken Griffin, Pioneering a New Model for Higher Education - Carnegie Mellon University — Citadel CEO's $3 billion pledge to CMU reshapes Florida's academic landscape

Ken Griffin, the CEO of hedge fund Citadel, donated $3 billion to CMU. This is the largest gift to a university in U.S. history. The donation includes plans for a new campus in Miami, Florida. Griffin's investment is seen as a significant bet on Florida's future. The donation is expected to transform higher education in the region.

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