A white building with palm trees
The Sylvester Comprehensive Cancer Center in Miami
  • Ken Griffin just gave $50 million to the University of Miami for cancer research.
  • It's the billionaire founder of Citadel's biggest philanthropic gift to Florida yet.
  • It comes one month after he paused giving to Harvard, his alma mater. 

The billionaire founder and CEO of Citadel announced Tuesday his biggest gift yet to his new home of Florida.

Ken Griffin gave $50 million to the Sylvester Comprehensive Cancer Center, part of the University of Miami's medical school, to help advance cancer research, according to a press release. The gift is set to result in a new 12-story research facility named after Griffin.