Billionaires have been on a giving spree recently, particularly toward higher education. Ken Griffin, the Citadel CEO who is making major moves to reshape Miami, just committed an eye-popping $3 billion to Carnegie Mellon University, the school announced Wednesday.
CMU says this is the largest gift by an individual ever given to a higher education institution, while Nike cofounder Phil Knight and his wife, Penny, just committed $1 billion to the University of Oregon and many others have made $100 million–plus gifts to other schools recently. Oil tycoon Harold Hamm recently gave $150 million to the University of Oklahoma.
