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
Related People & Companies
More on Forbes
20 hours ago
Gorgeous ‘Giant Gorg’ Blu-Ray Remaster Releasing This November
One of the most charming anime of the 80s is 'Giant Gorg'. and we are finally getting a remastered Blu-ray release of it this November.
ByOllie BarderContributor
Sep 13, 2024
International Schools Sow Confusion About Advanced Placement
For schools in countries with national curriculum boards, AP seems like the US standard. Elite universities have been pulling away from AP. Students are losing out.
ByRay RavagliaContributor
Sep 9, 2024
Chandler Simpson Has 102 Stolen Bases In Tampa Bay Rays’ Farm System
Chandler Simpson is trying to run his way to the Major Leagues. The Tampa Bay Rays’ prospect has 102 stolen bases this year in the minors. He stole three on Sunday.
ByChuck MurrContributor
Sep 8, 2024
‘Inside Out 2’ Debuts On 4K Ultra HD, Blu-Ray And DVD This Week
"Inside Out 2"—Disney-Pixar’s animated blockbuster starring the voices of Amy Poehler, Maya Hawke and Ayo Edebiri—is coming to 4K Ultra HD, Blu-Ray and DVD this week.
ByTim LammersContributor
Aug 31, 2024
Tampa Bay Rays’ Bullpen Has Shined During Overall Mediocre Season
Despite trades and a potential season-ending injury to their closer, the Tampa Bay Rays continue to get an outstanding effort from their bullpen.
ByTom LaybergerContributor
Aug 27, 2024
Disney To Release ‘The Sixth Sense’ And ‘Signs’ On 4K Blu-Ray
Disney has a welcome rummage around in its back catalog to give a couple of classics the ultimate home cinema treatment
ByJohn ArcherSenior Contributor
Aug 26, 2024
Kevin Costner’s ‘Horizon’ Gets 4K, Blu-Ray And DVD Release Date
Kevin Costner’s Western epic "Horizon: An American Saga" – Chapter 1" is coming soon to Blu-ray, DVD and 4K Ultra HD. Find out when you can purchase the film.
ByTim LammersContributor
Aug 25, 2024
‘The Garfield Movie’ Debuts This Week On Blu-Ray And DVD
"The Garfield Movie"—starring the voices of Chris Pratt, Samuel L. Jackson and Hannah Waddingham—is coming soon to Blu-ray and DVD with bonus extras.
ByTim LammersContributor
Aug 25, 2024
‘Riding Bean’ Blu-Ray Review: A Truly Classic 80s Anime
Without a doubt a classic 80s OVA, Riding Bean is back on Blu-ray and looks better than ever.
ByOllie BarderContributor
Aug 23, 2024
Monster 2,492-Carat Diamond Found Using X-Ray Technology
The Lucara Diamond Corp. announced the discovery of a fist-sized diamond from the Karowe Mine in Botswana. It's one of the largest diamonds ever found.
ByAmanda KooserSenior Contributor
Aug 21, 2024
Did The A’s And Rays Play The Worst Game Ever?
The A's and Rays played a one-run game in less than two hours before 4,377 fans on Tuesday night, which may have been the worst game ever.
ByDan FreedmanContributor
Aug 17, 2024
Saturday Conversation: Ray LaMontagne On New Music And Meeting Dylan
Ray LaMontagne released a brilliant new album, 'Long Way Home.' In a rare interview, he talks about the album and much more.
BySteve BaltinSenior Contributor
Aug 13, 2024
Tampa Bay Rays Feel That Junior Caminero’s Time Has Arrived
The native of the Dominican Republic is ranked by MLB.com as the No. 2 prospect, though a quad injury sustained in late May sidelined him for six weeks.
ByTom LaybergerContributor
Aug 10, 2024
Manuel Rodriguez, Edwin Uceta ‘Tremendous’ In Tampa Bay Rays’ Revamped Bullpen
While the credit is to be shared far and wide for Tampa Bay's bullpen success, right-handers Manuel Rodriguez and Edwin Uceta have been particularly impressive.
ByTom LaybergerContributor
Mar 29, 2024
Ray Dalio Fears China Faces ‘Lost Decade’ — We Should Listen
The billionaire founder of hedge-fund giant Bridgewater Associates has a long history of involvement in China, and with the nation’s policymakers.
ByWilliam PesekSenior Contributor
Mar 12, 2024
Explorer Yacht Influencer Interview: Ray Dalio
As you’ll see in this interview, Ray Dalio is as knowledgeable and passionate about the world’s oceans as he is about other important subjects.
ByBill SpringerSenior Contributor
