Billionaires Offer $250 To Children In $150,000 Zip Codes To Teach Struggle
KEY POINTS
- â˘Ray Dalio and his wife Barbara committed $250 each to 300,000 Connecticut children from middle-income zip codes.
- â˘BlackRock, Goldman Sachs, Nvidia, and Dell also pledged various amounts funding new Trump Accounts starting July 4, 2026.
- â˘The government will give $1,000 tax-free to children born between 2025 and 2028, with parents controlling accounts until kids turn 18.
Ray Dalio, hedge fund guru and CEO of Bridgewater Associates, and his wife Barbara are proudly donating $250 to exactly 300,000 Connecticut kids whose family incomes max out at a casual $150,000âbecause apparently, that counts as 'less' in the billionaire lexicon. This benevolent gift is part of Trumpâs new 'Trump Accounts' initiative, by which every kid born between 2025 and 2028 gets a sneaky $1,000 start to financial literacy, exclusively managed by their parents until they turn 18. Meanwhile, BlackRock queues up to match the governmentâs $1,000 donation for their employees, David Solomon of Goldman Sachs and Jensen Huang of Nvidia join the caviar-passing parade, and Michael & Susan Dell recently tossed a bloated $6.25 billion into 25 million American kids' accountsâas if generosity needed a leader board. Launch date? July 4, 2026, perfect timing to slap patriotism on a slightly confusing roll-out. Meanwhile, Dalioâs press folks have gone radio silent, presumably practicing âtough negotiating techniquesâ for future donations or just perfecting avoidance.
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Source: Businessinsider | Published: 12/17/2025 | Author: Lakshmi Varanasi