Bridgewater CEO’s Wealth up $2.5 Billion as Connecticut Plans to Give Him Tax Incentives

Subscribe to Connecticut Today : cttoday

11 Connecticut residents make Forbes billionaires listThe richest man in Connecticut and the only state resident to crack the top 100 in Forbes magazine's new ranking of the world's billionaires saw his fortune increase by 25 percent, or $2.5 billion over the past year. That's roughly the same amount of money Connecticut faces in a massive two-year projected state budget deficit.Yet Connecticut taxpayers are due to give Ray Dalio's company $115 million under a program Gov. Dannel Malloy says is designed to encourage companies to invest ...View "11 Connecticut residents make Forbes billionaires list" on Spundge