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Ken Griffin Pledges Record $3 Billion To Carnegie Mellon

Original: Billionaire Ken Griffin Pledges $3 Billion To Carnegie Mellon—The Biggest Ever University Donation

Billionaire hedge fund manager Ken Griffin has pledged $3 billion to Carnegie Mellon University, in what would be the largest donation ever made to a university. The gift from the Citadel founder dwarfs previous records for higher education philanthropy and is expected to draw attention to growing concentration of billionaire giving in elite American institutions.

Why now: The unprecedented size of the donation sets a new record for university gifts, making it major philanthropy and finance news.

Ken GriffinCarnegie Mellon UniversityCitadelForbes

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