Bridgewater Associates founder Ray Dalio, fresh off a $3.9 billion payday, has pledged to match all contributions to the annual town party on the waterfront in his hometown of Greenwich, Connecticut.
Tickets to the Memorial Day weekend party, to be headlined by Paul Simon, go for $40 apiece for residents of the New York City suburb. But that price covers less than 25 percent of the cost of putting on the event, putting the fundraising onus on “local businesses and residents with greater means in the community,” according to a press release. The 5,000 tickets to this year’s event are already sold out.