Hedge fund titan Ray Dalio, one of the most prominent figures in the global financial world, has now joined the expanding circle of billionaires who have thrown their support behind President Donald Trump’s newly unveiled initiative aimed at bolstering the financial foundation of America’s next generation. The proposal, which promises to grant every child born within the next three years a $1,000 contribution from the federal government, has quickly become a major focal point of public-private collaboration. Dalio, best known as the visionary founder of Bridgewater Associates—the world’s largest hedge fund—has announced that he and his wife, Barbara Dalio, will make an additional personal contribution through their charitable organization, Dalio Philanthropies. In a public statement, the foundation clarified that the couple will commit $250 to each of approximately 300,000 children residing in Connecticut zip codes where the median family income is $150,000 or less, reinforcing the Dalios’ enduring commitment to reducing economic inequality within their home state.
In the accompanying press release, Ray Dalio elaborated on the philosophical motivation behind their participation in the program, emphasizing the central value of equal opportunity as the bedrock of the American ideal. He explained that he and Barbara share a deep conviction that initiatives promoting early financial empowerment can serve as meaningful engines for long-term social mobility. Reflecting on his own trajectory, Dalio recounted how his early fascination with the stock market fundamentally changed his life and gave him first-hand experience in how disciplined investing can open doors to prosperity. According to Dalio, by seeding child-specific savings accounts that will accumulate compounded interest over time, this program will not only teach young people vital lessons about financial responsibility but also offer them a tangible pathway toward greater self-sufficiency and economic independence as they reach adulthood.
Institutional engagement in this national undertaking is also expanding. BlackRock, one of the world’s largest asset management firms, announced that it would enhance the government’s contribution by offering an employee matching program. The company pledged to match the federal $1,000 contribution for every eligible U.S. employee who opens what has now become popularly known as a ‘Trump Account.’ This additional step underscores a growing recognition within the business community that private-sector participation is essential to ensuring the broad success and long-term sustainability of such wealth-building efforts.
Other influential corporate figures have followed suit. Goldman Sachs Chief Executive Officer David Solomon and Nvidia CEO Jensen Huang are among several high-profile business leaders who have publicly committed to contributing funds to the accounts created for their employees’ children. Their involvement has been reported by Invest America, a federal initiative spearheaded by Altimeter Capital CEO Brad Gerstner. The program, formally designated as ‘Invest America,’ but now colloquially branded ‘Trump Accounts,’ is rapidly evolving into a landmark example of how both governmental and private commitments can converge around the shared mission of economic inclusion. BNY, a major financial services institution, also recently joined the movement, declaring that it too would match the government’s Trump Account contributions for its workforce. Collectively, these announcements point to a growing collective momentum among the nation’s business leaders to use their resources and platforms in support of programs that invest directly in the nation’s youth.
Since its introduction in June, the presidential plan has sparked significant public discussion and attracted increasing backing from many of America’s wealthiest individuals. The program is designed to deliver a one-time, tax-free federal grant of $1,000 to every American child born between January 1, 2025, and December 31, 2028. Each grant will be deposited into a uniquely designated account established in the child’s name, though a parent or legal guardian will serve as custodian of the funds until the child reaches the age of majority, ensuring proper oversight and long-term stewardship of the investment. Furthermore, the policy encourages additional private and familial participation, permitting others to contribute up to $5,000 per year to each account, also on a tax-free basis. By structuring the initiative this way, the government aims to promote savings discipline and nurture intergenerational wealth accumulation. The official rollout of the program is scheduled for July 4, 2026—an intentionally symbolic launch date that aligns the initiative with the celebration of American independence, highlighting its emphasis on financial self-reliance and opportunity for all.
The Dalios’ announcement comes in the wake of another major philanthropic pledge made earlier this month by Michael and Susan Dell. The Dell family committed an extraordinary $6.25 billion donation—equivalent to $250 per child for an estimated 25 million eligible American children—marking one of the largest private commitments yet associated with the federal child account initiative. According to the program’s design, qualifying families will automatically receive deposits once their participating child’s Trump Account is established, simplifying participation and ensuring equitable access. Taken together, these coordinated actions by some of the most influential names in global finance and technology demonstrate a remarkable convergence between private enterprise and public policy, united around a single objective: preparing future generations to better navigate the increasingly complex financial landscape.
Representatives for Dalio Philanthropies and BlackRock did not provide immediate responses to inquiries from Business Insider seeking additional comment, but the implications of their involvement are already reverberating broadly across both philanthropic and financial circles. With increasing momentum from corporate leaders, billionaires, and policy advocates alike, the ‘Trump Accounts’ initiative is quickly emerging as one of the most ambitious, cross-sector efforts to enhance economic mobility and financial literacy in recent memory.
Sourse: https://www.businessinsider.com/ray-dalio-trump-accounts-donation-michael-dell-2025-12
