As part of their donations to advancing education, Barbara and Ray Dalio have invested in Trump accounts

Ray Dalio and his wife signed Warren Buffett's Giving Pledge in 2011

That means Dalio and his wife, Barbara Dalio, committed to donating at least half of their net worth by the time they die. The couple also founded Dalio Philanthropies in 2003, with their main causes including advancing education and investing in ocean protection and research.

Greenwich, CT named June 4 'Ray & Barbara Dalio Day'

In 2025, the Town of Greenwich named June 4 "Ray & Barbara Dalio Day" in honor of the couple's long legacy of charitable contributions to the town. The couple has lived in Connecticut for more than 40 years.

Hear Ray Dalio talk about the growth of the Chinese economy

Dalio was an early advocate of US investment in China. While he has previously criticized the authoritarian regime, his criticism of the government has been labeled mild relative to his praise for economic growth and innovation—critics argue that he has minimized human rights violations in the country.

Ray Dalio grew up in New York City, and his dad was a jazz musician

Dalio grew up in the Jackson Heights neighborhood in Queens—though his family moved to the city's suburbs when he was eight-years-old. His father played music in famous Manhattan nightclubs like the Copacabana, while his mother stayed home.

Read Mark Zuckerberg and Priscilla Chan Zuckerberg's $45B letter to their daughter

After giving birth to their daughter, the Zuckerbergs launched the Chan Zuckerberg Initiative in 2015. The pair announced the charitable organization's creation in a letter addressed to their daughter. The Zuckerbergs pledged 99% of their earnings from Facebook over the course of their lives to advance education, cure disease, and transform public policy, something the letter says is a commitment to their daughter's future. The organization has since shifted its focus to artificial intelligence and science.

Despite being a 'C' student in high school, Ray Dalio got his MBA from Harvard

Ray Dalio frequently says he was a poor student in high school and barely got into college. However, Dalio has said that he succeeded in college because he got to pick classes that interested him, like finance and economics. Dalio went on to earn his Master's in Business Administration from Harvard University in 1973.

Read Ray Dalio's reflection on his son's death

One of Dalio's sons, Devon Dalio, died in a car crash in December 2020. In a LinkedIn post, Dalio said Devon's death triggered an enormous amount of pain and reflection.

What are baby bonds?

In 2008, Hillary Clinton proposed giving every US newborn a $5,000 government-funded trust, often called a “baby bond,” to help low-income families build long-term wealth. Supporters said it could reduce wealth inequality, while critics argued existing programs like the Child Tax Credit offered similar benefits.

Why Ray Dalio thinks the US deficit is a political problem

Dalio frequently argues that debt cycles are inevitable and a tradition of every empire. However, he said in 2025 that the US was headed for a debt crisis. Dalio says that while Republicans and Democrats agree on the math of the debt crisis, all politicians make promises to neither increase taxes nor cut government benefits—which Dalio says can't close the deficit.

Why donors love to give to the wealthy schools

In this podcast episode of Revisionist History, Malcolm Gladwell explores why Hank Rowan’s $100 million gift to a small New Jersey college didn’t inspire others to support underfunded schools. Instead, donors continue to flock to elite institutions like Harvard and Stanford. “My Little Hundred Million” examines ways ideology and prestige have reshaped educational giving.

PayPal's Peter Thiel turned his Roth IRA into $5B

In 1999, tech titan Peter Thiel had a Roth IRA with roughly $2K in it. By 2019, that tax-free account was worth $5B. For context, the average Roth IRA was worth roughly $39K at the end of 2018. Naturally, Thiel had a few investment options that the average person probably doesn’t have access to—but the story of his IRA’s boom is nonetheless fascinating.

The Yale model of investment allocation, explained

College endowment managers long held to the traditional allocation of 60% domestic stocks and 40% bonds. But Yale’s David Swensen developed a new approach: deprioritizing low-risk fixed income and liquid assets in favor of alternative investments to leverage endowments' long-term investment horizons and capture the “liquidity premium.”

At 18, Eleanor taught immigrant children in one of New York's poorest neighborhoods

After finishing school in London, Roosevelt returned to New York and volunteered at a settlement house on Rivington Street in the Lower East Side, working directly with immigrant families living in poverty.

Mark Zuckerberg's dad is a dentist—but he originally wanted to work with computers

Mark Zuckerberg grew up in Dobbs Ferry in Westchester County, about 25 miles north of New York City. His father, Ed Zuckerberg, owned a practice connected to Mark's childhood home, but he was always fascinated by computers. Ed's family was the first in his neighborhood to have a color television, and Ed was an early adopter of computing technology—something that he passed on to Mark. (Some users may experience a paywall.)

In 1931-32, JP Morgan Jr. paid no income taxes due to his company’s losses

This legally reduced his taxable income under existing laws. Similarly, the Rockefellers leveraged charitable foundations to minimize taxes, allowing them to preserve wealth while directing funds to their preferred causes.

The scope of 529 plans has expanded, but 529s still have some drawbacks

The tax-advantaged accounts can be used to pay for K-12 education, apprenticeship programs, and student loans, in addition to their original purpose: paying for college. But 529s have downsides, such as fees and penalties for non-qualified uses.

Autism research has faced significant cuts under Trump

One of the largest areas of halted research was at the Department of Education where its Institute of Education Sciences had studies underway focused on developing and evaluating school-based interventions for students with autism. DOE was significantly cut back as part of federal government layoffs.

US Tariff revenue rose to $264B in 2025—More than double that of recent years

In April 2025, President Donald Trump announced tariffs on countries across the globe, raising them to unprecedented levels in modern American history. The increase in tariff rates led to a significant rise in tariff revenue.

Calculate how much of your tax dollars go to each federal program based on your income, filing status, and number of children

Donald Trump's Truth Social social media platform is launching a prediction market

Named "Truth Predict," the cryptocurrency-based prediction market will allow users of the Truth Social social media platform to place crypto bets on the outcome of certain events (think: sports games, the economy, and political races). Truth Social is primarily owned by President Donald Trump and his family.

Andrew Carnegie donated $56M to build 2,509 public libraries worldwide

Carnegie, who left school at 12 and credited borrowed books for his self-education, began funding libraries in 1881. Of the 2,509 libraries built, 1,681 were in the United States. He required each community to maintain the library as a condition of his gift.

One in seven US tax dollars is collected by local governments

Local governments collect about $886B each year to support education, infrastructure, and public health. Roughly three-quarters of this funding comes from property taxes, with the rest sourced from sales, excise, and income taxes.

There are ETFs that track lawmakers' stock purchases

If you can’t get enough politics in your life, why not invest like a politician? Because members of Congress are required to disclose their stock purchases, you can do just that, and the NANC and KRUZ ETFs make it even easier. NANC, referencing Nancy Pelosi, holds a basket of stocks that Democratic politicians have purchased. KRUZ, referencing Ted Cruz, holds a basket of Republican-held stocks.

Fintech could help democratize access to banking

More than 1.3 billion adults worldwide do not have access to basic banking services as of this writing—but some experts believe that the fintech industry can help with that by targeting groups of people who have historically been underserved by traditional banks.

The lifetime cost of the American dream exceeds $5M

A new analysis suggests it costs millions of dollars to maintain the American dream over a lifetime. The price tag includes retirement, healthcare, higher education, homeownership, and other core elements of a comfortable life for the average American.

Roughly 43 million US borrowers owe roughly $1.7T in student debt, the second-largest source of consumer debt behind mortgages.

Read about Palantir's role in the COVID-19 vaccine rollout

Palantir developed Tiberius, a software service that supported the public-private partnership spearheaded by then-President Trump to roll out COVID-19 vaccines. The software tracked state-by-state vaccine allocations, as well as COVID-related hospitalizations.

Up to a million Girl Scouts sell about 200 million cookie boxes every spring, generating $800 million, largely because refusing a child is frowned upon

Before the current East Wing ballroom project, only two White House renovations in the past 100 years cost more than $10M.

In 2025, four executives from large tech companies were given positions in the US Army Reserves—including Palantir Chief Technology Officer Shyam Sankar, which reinforced Palantir's ties with the US military and its role as a leading defense partner.

A Yale student wrote a profound essay about the consulting industry's influence on elite college students that was published in a book of her writing after she died in a post-graduation car accident.

Watch this video that uses Lego bricks to explain how venture capital works.

Dozens of S&P 500 stocks, including Coca-Cola and Walmart—known as the dividend aristocrats—have increased dividends every year for 25 years

In recent years a child anxiety expert has created and tested a novel phobia and anxiety treatment approach for children, focused on changing how parents respond to the fears.

Mid-century modern graphic designers, known for their bright colors and bold lines in advertising, also found success with children's books.

Warren Buffett's former professor Benjamin Graham is known as the 'father of value investing,' a strategy in which investors seek to buy stocks trading below their intrinsic worth.

The idea for the Federal Reserve was conceived in secret in 1910—with bankers donning duck hunt gear for disguise while traveling to a remote country club on Georgia's Jekyll Island

In 1945, Surrealist artist Salvador Dalí and legendary animator Walt Disney began collaborating on a short film that was not completed until 2003, years after both men had died.

The American Society of Civil Engineers' infrastructure report card gave the US a C in 2025, its highest grade since the project launched in 1998.

Fast-casual restaurant Chili's is experiencing a resurgence, with its parent company recently reporting a nearly 32% increase in sales, thanks to passionate Gen Z fans on TikTok.

The story of Dollree Mapp, whose legal challenge over her 1957 conviction for possessing "obscene material" led to a major strengthening of the Fourth Amendment

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See how Budweiser's famous Clydesdales spend their days at Warm Springs Ranch, where roughly 70 to 80 of the beer brand's giant horses can be found at any given time.

The 19th-century painters of the Hudson River School were among the first American romantics, with portraits that displayed the natural beauty of the young country.

Gerrymandering works through two techniques: cracking opposing voters across districts to dilute their power, and packing them into a few to waste their votes in lopsided majorities.

The 2026 Ebola outbreak in the DRC is spurring new Ebola vaccine development for the Bundibugyo species.

Art theft is the third-largest source of criminal revenues worldwide, thanks in part to the subjective nature of valuing a work of art.

Elk Cloner, the first computer virus to spread in public, was written as a practical joke by Richard Skrenta, a Pittsburgh high school student.

Coral reefs get their colors from zooxanthellae—microorganisms that line corals' digestive tracts and provide them with sugars in exchange for a home within this protective tissue.

Sunflowers have long been a symbol of nuclear disarmament because they can extract large amounts of radioactive cesium from soil.