Ken Griffin Gives Carnegie Mellon $3B

The hedge fund billionaire's record gift will help Carnegie Mellon expand in Miami.

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Updated Sep 30, 11:53am ET

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What happened

Kenneth C. Griffin pledged $3 billion to Carnegie Mellon University, which the school says is the largest single gift in American higher education. About $2 billion will fund a new Miami campus, while $1 billion will support the Pittsburgh campus and other priorities. Griffin has shifted business and giving toward South Florida, after moving Citadel's headquarters from Chicago to Miami in 2022. The gift surpasses prior major university gifts from Michael Bloomberg and from Phil Knight and Penny Knight. Carnegie Mellon said the donation will rename its computer science school for Griffin. Griffin said the Miami campus would put the city at the center of scientific and humanistic advancement. The Wynwood campus is expected to begin enrolling students in 2028.

How each side covered it

From the left

Left-leaning outlets framed the pledge as a historic higher-education gift, while also stressing Miami's rise as a talent hub. The New York Times led with the record-setting scale of the donation. CNN emphasized Griffin's bet on Miami as a university and workforce center. CNN also cited Carnegie Mellon's plan to organize learning around broad societal challenges.

From the right

Right-leaning outlets we track didn't cover this story.

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