Griffin's $3B Gift Ties Carnegie Mellon's Pittsburgh Roots to Miami Ambitions

PITTSBURGH — Andrew Carnegie’s $1 million gift in 1900 helped create Carnegie Tech, a school where western Pennsylvanians could learn practical skills for an industrial age. On Wednesday, Carnegie Mellon University announced a $3 billion commitment from Citadel founder and CEO Ken Griffin to strengthen its Pittsburgh campus and establish a major campus in Miami.

Griffin's $3B Gift Ties Carnegie Mellon's Pittsburgh Roots to Miami Ambitions

TL;DR

  • Carnegie Mellon University received a $3 billion commitment from Citadel founder and CEO Ken Griffin.
  • The gift is described as the largest by an individual in U.S. higher education history.
  • Funds will be used to strengthen the Pittsburgh campus and establish a major campus in Miami.