- Billionaire and director of Bridgewater Associates, Ray Dalio, is funding a new center for health justice
Billionaire and director of Bridgewater Associates, Ray Dalio, is funding a new center at New York Presbyterian Hospital in Manhattan to address health justice. after Barrons. The Dalio Center for Health Justice, funded by a $ 50 million grant from Dalio Philanthropies (the charity for Ray Dalio and his wife, Barbara Dalio), was launched earlier this week.
Reducing health inequalities that disproportionately affect color communities is one of the centre’s priorities.
“Our goal is to contribute to equal health care and education as we believe these are the most basic building blocks for equal opportunities and a just society,” said Ray Dalio in a statement.
Bridgewater Associates has approximately $ 140 billion under management. And Ralio has a net worth of nearly $ 17 billion.
“We are committed to improving the health and well-being of our patients and communities through research, dialogue and education, equity in our clinical operations, investing in our communities and advocating for national change,” said Dr. Julia Lyasere the director of the Dalio Center.
The Dalios have so far donated over $ 5 billion to their foundation. And the foundation has given over $ 1 billion to charities. And the Dalios also signed the Giving Pledge, an initiative by Bill Gates and Warren Buffett for billionaires to donate much of their wealth to philanthropic causes.