As the son of hedge fund legend Ray Dalio, Matt Dalio should be no stranger to raising money.
But this time, it’s for a good cause.
Dalio is organising a fundraiser for his charity, China Care Foundation, in Greenwich that will feature country music stars the Dixie Chicks and Willie Nelson. The event is taking place June 23 at the exclusive Belle Haven Club, and is expected to cost over $3,000 a head, according to the Stamford Advocate.
China Care offers support to orphanages in China by offering medical aid, and social and educational opportunities to special needs orphans. Dalio founded China Care in 2000 when he was only 16 after he was inspired by visits to the country and personally witnessing the orphanage system in China. The non-profit has has various chapters in high schools and colleges across the U.S.