Ray Dalio Joins Billionaires Funding ‘Trump Accounts’ for Children |
Ray Dalio’s $75 million pledge adds momentum to Trump’s child savings plan, even as some tech leaders remain skeptical. Photo by Amal Alhasan/Getty Images for Fortune Media
The U.S. government’s “Trump accounts” have quickly attracted billionaire backers. Bridgewater founder Ray Dalio is the latest wealthy figure to support the initiative, pledging roughly $75 million to seed 300,000 accounts in his home state of Connecticut. His grant will add an extra $250 to accounts in Connecticut zip codes where the median income is $150,000 or less.
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