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The Guardian - US
The Guardian - US
World
Marina Dunbar

Hedge fund CEO gives $3bn to Carnegie Mellon University in historic donation

Ken Griffin Carnegie Mellon Carnegie Mellon University Citadel Miami United States
a man speaks into a microphone
Ken Griffin, founder and CEO of Citadel, speaks during the Milken Institute Global Conference 2026 in Beverly Hills, California, on 5 May 2026. Photograph: Mike Blake/Reuters

Carnegie Mellon University will receive an unprecedented $3bn donation from the billionaire investor Ken Griffin, making it the largest single donation in the history of US education.

Griffin, 57, is the founder and CEO of Citadel, described as the most profitable hedge fund in history. The money is going toward a new Miami campus as well as big investments at the university’s longtime home in Pittsburgh.

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