Ken Griffin

Hedge fund billionaire Ken Griffin has donated $3 billion to Carnegie Mellon University, setting a record for the largest individual gift to higher education. Part of the funds will build a major tech campus in Miami.

Following the collapse of Leopold Aschenbrenner's Situational Awareness hedge fund, Wall Street is debating Citadel's potential role. Critics suspect that the firm's aggressive macro forecast triggered a panic that allowed it to acquire the fund's assets at a bargain.

At 25, Leopold Aschenbrenner founded the $45 billion Situational Awareness hedge fund, but after an AI stock slump, he was forced to sell a significant portion of his portfolio to Ken Griffin's Citadel.