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Ray Dalio Backs Trump Accounts For Children With Major Donation, Joins Michael Dell

Billionaire investor Ray Dalio (Pic via X)

Billionaire investor Ray Dalio and his wife, Barbara, have joined Michael Dell in backing “Trump accounts,” a new government-backed investment program designed to build long-term wealth for American children. Treasury Secretary Scott Bessent announced the Dalios’ support as part of a nationwide philanthropic push.

The Dalio grant will provide $250 per child to roughly 300,000 children in Connecticut who live in ZIP codes with median household incomes below $150,000.

Dalio said the initiative supports equal opportunity and financial security for future generations.

Trump accounts were created under legislation signed by President Donald Trump and apply to children born between 2025 and 2028.

Each eligible child receives a $1,000 federal seed deposit, regardless of family income, provided the child is a US citizen.

The program has gained traction among corporate leaders. Michael and Susan Dell pledged $6.25 billion earlier this month, while companies including BlackRock and BNY have committed to matching federal contributions for employees’ children.

Also read:

Dells Pledge $6.25 Billion To Supercharge Trump Child Investment Accounts
Michael and Susan Dell announced a $6.25 billion pledge Tuesday to help fund “Trump accounts,” a new federal investment program for American children. Michael and Susan Dell to donate $6.25 billion to fund Trump Accounts for 25 million U.S. kids https://t.co/ukjjzY1D7G — CNBC (@CNBC) December

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