Why a Financier Is Giving U.S. Olympians $200,000 in Benefits
As the Winter Olympics approach, Team USA has a star-studded roster, from alpine ski racers to freestyle skiers. But unlike many other nations, those athletes don’t receive financial support from the government, with only the biggest names making serious money from endorsements.
Ross Stevens, the founder of Stone Ridge Holdings Group, decided to help improve their financial security by giving each U.S. Olympic and Paralympic athlete $200,000 in benefits.
The initiative comes by way...