Ray Dalio

Ray Dalio

$18.7B
  • Ray Dalio is the founder of the world's biggest hedge fund firm, Bridgewater Associates, which manages $160 billion.
  • Working to make sure Bridgewater survives him, Dalio moved in 2018 to turn Bridgewater into a partnership and give employees more of a stake in the firm.
  • 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.
  • Ray Dalio has given more than $760 million to philanthropic causes. His Dalio Foundation has supported microfinance and inner-city education.

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