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Dalio Pledges to Give Away Half His Fortune

Ray Dalio, the head of Westport-based Bridgewater Associates, the world’s largest hedge fund, has joined the ranks of billionaires who have pledged to give away half their fortunes to charity.WestportNow.com Image
Ray Dalio: head of Westport hedge fund has estimated $6 billion net worth. Forbes.com photo

In an announcement on Thursday, Dalio, 61, said he has learned that having more and money wasn’t important. Forbes last month estimated his fortune at $6 billion. (See WestportNow March 10, 2011)

Dalio, who lives in Greenwich, along with his wife joined nine other couples in a program begun by Bill and Melinda Gates and Warren E. Buffet in 2010. The number of pledge signatories now totals 69.

Called the Giving Pledge, organizers describe the program as a long-term charitable initiative that aims to inspire conversations about philanthropy and increase charitable giving in the United States.

Ready for Action in Westport

WestportNow.com Image
The parking lot adjacent to the Westport Woman’s Club on Imperial Avenue took on a frightening look late Thursday as apparently heavily armed police officers gathered around an armored vehicle. But it was all just preparations for a practice exercise on Baron’s South by members of the six-town Southwest Regional Emergency Response Team which includes members from Westport, Trumbull, Monroe, Easton, Wilton, and Darien. Team Commander Lt. Ron Kirby of Trumbull said the regional team trains for complex incidents such as barricade support, hostage situations, and crowd control. He said members respond to 12-14 incidents each year and that Westport has had three such responses in the past eight years, including one in the past year. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

Friday, April 29, 2011


9 a.m. – 1 p.m. – Westport Public Library McManus Room – “Elevenses Celebration” in honor of Royal Wedding
9:30 a.m. – Westport Arts Center – ArtCafé: Special coverage Royal Wedding
10 a.m. – 4 p.m. – Westport Arts Center – “Hope in Haiti” & SHS “Dog Show”
10 a.m. – 4 p.m. – Westport Historical Society – “The Sketch Class: A Westport Tradition” and “Art From The Heart”
7 p.m. – Toquet Hall Teen Center – Westport Battle of the Bands
8 p.m. – Westport Country Playhouse – “Beyond Therapy”
8 p.m. – Town Hall Auditorium – Westport Community Theatre: “A Good Place” staged reading (free) Addition

See more events:  Celebrate Westport Calendar

Temple Says ‘Let There Be Light,’ Neighbors Say ‘No’

By James Lomuscio

Rabbi Robert Orkand insisted it was a matter of nighttime safety for congregants at Westport’s Temple Israel. Neighbors countered that it would be an unnecessary intrusion on their quality of life that would hurt real estate values.

At issue for more than three hours tonight before the Westport Planning and Zoning Commission—the installation of light posts in the temple’s rear parking lots on Coleytown Road.

The commission heard conflicting and at times emotional reports that pitted neighbor against house of worship, rabbi against congregant, and one side’s lighting consultant against the other.

After a 20-minute recess both sides agreed to continue the public hearing, which had been applied for back in December, to May 19 so that they could find common ground. P&Z member Michael Kraweic had originally suggested the extension.

Music Man

WestportNow.com Image
Daniel Zlatkin, a senior at Westport’s Staples High School, takes a bow tonight at the Junior/Senior Spring Concert as Adele Valovich, director, looks on. Three Staples music groups performed—the Symphonic Band conducted by Director Nick Mariconda, the A Cappella Choir directed by Justin Miller, and the Symphonic Orchestra led by Valovich. (CLICK TO ENLARGE) Larry Untermeyer for WestportNow.com

Center Stage

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Staples senior Daniel Zlatkin, the 2011 Senior Concerto Competition Winner, performs Saint Saens Concerto No 1 tonight at the school’s annual Junior/Senior Spring Concert. In addition to being the principal cellist of the Symphonic Orchestra, Zlatkin won the 2011 Greenwich Symphony Orchestra Music Award and was the top finalist in the Stamford Symphony Orchestra scholarship competition.  He is currently a student of Jameson Platte and will be studying next year with cellist Peter Wiley and composers Joan Towers and George Tsontakis at the Bard Conservatory. (CLICK TO ENLARGE) Contributed photo

Going Down: 270 Hillspoint Road

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The house at Westport’s 270 Hillspoint Road, in the Compo Beach area, was demolished today. Built in 1970, the one-story raised ranch had 1,598 square feet, is situated on a .51-acre waterview property, and changed ownership in October 2010 at $4,666,667. It was the WestportNow Teardown of the Day on Nov. 8, 2010. (CLICK TO ENLARGE) Matt Murray for WestportNow.com

Jane Ann Alexy Wheatall, 78

Jane Ann Alexy Wheatall of Williamsburg, Va., a former resident of Westport, died April 27. She was 78.WestportNow.com Image
Jane Wheathall: founded Westport preschool. Contributed photo

The wife of Ward Wheatall of Williamsburg, she was born Nov. 1, 1932, in Macomb County, Mich., and was the daughter of the late Emil and Esther Alexy. Following graduation from the University of Michigan, she taught elementary school in Michigan and Venezuela.

She founded preschools at St. Paul Lutheran Church in Westport and King of Glory Lutheran Church in Williamsburg. St. Paul’s was the first Christian preschool in Westport and one of the first Westport preschools to achieve national accreditation. Early accreditation was also achieved at King of Glory before other Christian preschools in Williamsburg.

In addition to her husband, she is survived by a son, Michael Wheatall of Anchorage, Alaska; two daughters, Natalie Welsh of East Granby and Suzanne Casey of Mechanicsville, Va., a brother, David Alexy of Michigan; eight grandchildren; a nephew and five nieces.

Westporters Stranded by New M-8 Rail Car Problem

A flattened wheel on one of Metro-North’s new M-8 cars left half a dozen Westport residents stranded in East Norwalk early today, according to Metro-North and Westport First Selectman Gordon Joseloff. WestportNow.com Image
One of the new M-8 rail cars. (CLICK TO ENLARGE) Contributed photo

The problem occurred on the 11:22 p.m. out of Grand Central which was scheduled to arrive in Westport at 12:28 a.m. Passengers told Joseloff the train began moving very slowly after Stamford and came to a complete halt at East Norwalk at about 1 a.m.

While about half a dozen Westport-bound passengers got off in East Norwalk, others waited for another New Haven-bound train that arrived 90 minutes later, said Joseloff who went to East Norwalk after being called by one of the passengers.

Metro-North spokeswoman Marjorie Anders said a brake pad locked, became heated, and flattened one of the car’s wheels. She said maintenance personnel were reviewing on board computer logs to identify what caused the malfunction.