Ken Griffin Makes Historic Donation To Build Carnegie Mellon Campus in Miami Where He Is Expanding His Property Portfolio

If there was any doubt that Ken Griffin, the billionaire founder of hedge fund Citadel, was committed to building a new life in Miami, his latest megadonation should settle it.Griffin just announced a $3 billion donation to his alma mater, Carnegie Mellon, the largest individual gift in higher education history. It includes $1 billion investment in its Pittsburgh Campus, as well as a $2 billion gift which will launch CMU Miami. The 35-acre campus in the city's Wynwood neighborhood will start enrolling students in 2028. The historic donation will "pioneer a model for higher education built for the next era of American innovation," according to a statement from the university.“I believe that all great American cities are anchored by great universities, and Carnegie Mellon will bring a great university here to Miami complementary to other universities here in the region,” Griffin said.The staggering donation is the latest in a long line of developments from Griffin aimed at remaking the Florida city in his own image.At the center of Griffin's plans is a 54-story global live-work headquarters for Citadel spanning an entire city block in Miami's Brickell financial district. Griffin, who...