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49°
Tuesday, dec 17
Tag:
Barbara Dalio
Lifestyle
Covid-
19: Ray Dalio Foundation Donates $500,000 To Connecticut Food Bank
The richest person in Connecticut, Ray Dalio of Greenwich, has donated $500,000 to the Connecticut Food Bank. The donation by Dalio, his wife Barbara Dalio and Dalio Philanthropies, is part of a $4 million donation to support medical care and food assistance to people in the state affected by the COVID-19 pandemic, said the Connecticut Food Bank. The funds will support Connecticut Food Bank and its network by providing significant funding during a time of rising needs across the region due to the novel coronavirus, the organization said. The food bank serves two-thirds of th…
Politics
Here's Why Hedge Fund Mogul Ray Dalio From Fairfield County Wants To Give CT $100M
The Fairfield County founder of one of the world’s most successful and largest hedge funds is setting an example for other billionaires by betting on the future in the form of a $100 million donation for the state’s schools. Ray Dalio, the founder of Bridgewater Associates in Westport, announced that he will be donating $100 million, which will be matched by the state and then by other philanthropists and business magnates to benefit students. Dalio, of Greenwich, was featured in the latest episode of CBS-TV's "60 Minutes." (See video above.) "The partnership seeks to raise $300 million ove…