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49°
Tuesday, dec 17
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Financial Inclusion
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…