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Ken Griffin donates $3 billion to Carnegie Mellon University

Original: Carnegie Mellon University gets $3 billion from hedge fund manager Ken Griffin

Hedge fund manager Ken Griffin has given $3 billion to Carnegie Mellon University in Pittsburgh, one of the largest donations ever made to a US university. The gift, reported by CBS News, is expected to significantly boost the institution's endowment and drew wide attention given its extraordinary size and the donor's prominence in finance.

Why now: The sheer scale of the gift makes it one of the biggest university donations in history.

Ken GriffinCarnegie Mellon UniversityCBS News

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