From the Editor
- Ray Dalio is the founder of the world's biggest hedge fund firm, Bridgewater Associates, which manages $124 billion.
- Dalio stepped down as CEO in 2017 and retired as co-CIO in 2022, completing a transition that transferred majority control to the hedge fund's board.
- Dalio grew up in a middle class Long Island neighborhood and started playing the markets at age 12, getting tips from golfers for whom he caddied.
- In 1975, after earning an MBA from Harvard Business School, he launched Bridgewater from his two-bedroom New York City apartment.
- Dalio has given more than $1 billion to philanthropic causes. His Dalio Philanthropies has supported microfinance and public education.
Wealth History
HOVER TO REVEAL NET WORTH BY YEAR
Forbes Lists
The Richest Person In Every State (2023)Dropped off in 2024
Personal Stats
- Age
- 75
- Source of Wealth
- Hedge funds, Self Made
- Residence
- Greenwich, Connecticut
- Citizenship
- United States
- Marital Status
- Married
- Children
- 4
- Education
- Master of Business Administration, Harvard Business School; Bachelor of Arts/Science, Long Island University
Did you know
In 2017, Dalio published "Principles: Life & Work," a New York Times bestseller that codifies his principles.
Bridgewater is known for its culture of "radical transparency," including encouraging dissent, openly airing disagreements, and recording all meetings.
In Their Own Words
It's impossible to separate economics from managing money. Doing economic research makes me a better trader.
Ray Dalio
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