Ray Dalio Donates $75 Million to ‘Trump Accounts’ for Connecticut Kids

The contribution matches $250 per child for families in the donor’s home state.
Ray Dalio Donates $75 Million to ‘Trump Accounts’ for Connecticut Kids
Hedge fund manager Ray Dalio speaks on stage during TechCrunch Disrupt San Francisco 2019 at Moscone Convention Center in San Francisco on Oct. 2, 2019. Kimberly White/Getty Images for TechCrunch
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Hedge fund billionaire Ray Dalio and his wife Barbara have donated around $75 million to Trump Accounts for children in Connecticut.

The philanthropist’s donation was announced on Dec. 17 at a press briefing about the donation and the new 50 State Challenge issued by the Trump administration.