Ken Griffin just bought himself a university campus in Miami
The hedge fund billionaire is dropping a casual $3 billion to bring Carnegie Mellon to the sunshine state.
When you have enough money to move your entire company to Miami, apparently the next logical step is moving a top-tier university there too. Ken Griffin, the guy behind Citadel, just wrote the largest check for a university in US history to park Carnegie Mellon right in Wynwood.
The plan is to ditch traditional departments and focus on four massive goal areas ranging from national security to biological discovery. Naturally, the Carnegie Mellon school of computer science is getting renamed after him, because what’s a record-breaking donation without a little ego boost?
The tuition is currently hovering around $70,000, and while they claim this will make things more affordable, the math on that remains firmly in the realm of mystery. Construction starts in 2027, so prepare for the smartest students on earth to start trading their winter parkas for flip-flops.
Nothing says institutional integrity quite like a name change bought with a wire transfer.
Source: Carnegie Mellon
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