Dec. 17 (UPI) -- Ray Dalio and his wife, Barbara, are funding new investment accounts for children called Trump accounts.
The Dalio grant will provide $250 each to about 300,000 Connecticut children living in ZIP codes with median incomes under $150,000.
"Barbara and I believe strongly in the importance of equal opportunity and believe this initiative is an important step in that direction," Ray Dalio, the founder of investment firm Bridgewater Associates, said in a statement.
It followed Michael and Susan Dell's pledged $6 billion donation.
The Dalio family and their foundation have contributed more than $280 million to Connecticut nonprofits.
