Ken Griffin’s latest bet? South Florida’s higher education.
The billionaire hedge fund manager gifted $3 billion to Carnegie Mellon University, with $2 billion earmarked to develop a Miami campus for the Pittsburgh-based school.
Griffin has a history of shelling out big to schools. Back in 2023, he gave Harvard University, his alma mater, the school’s largest-ever donation. While that gift was “unrestricted,” the Carnegie Mellon one has a clear intent: developing talent in his backyard.
In recent years, no one has been a bigger backer of Miami and the broader South Florida region than Griffin, who grew up there. He’s relocated the headquarters of his two companies (Citadel...
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