Ray Dalio

Founder & CIO Mentor, Bridgewater Associates
$14B
as of 10/03/24

About Ray Dalio

Ray Dalio is the founder of the world's biggest hedge fund firm, Bridgewater Associates, which manages $112 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.

Personal stats

Citizenship

United States of America

Source of wealth

Hedge funds

Residence

Greenwich, Connecticut

Marital status

Married

Birth date

08/08/49 (age 75)

Number of children

4

Education

Master of Business Administration, Harvard Business School; Bachelor of Arts/Science, Long Island University

Self-made

self-made

Ray Dalio’s fortune is worth

233K

troy ounces of gold

215K

median U.S. household

140K

median U.S. income

0.28%

U.S. credit card volume

0.056%

GDP of the United States

0.041%

United States debt

Net worth history

Annual ranking

Did you know?

Bridgewater is known for its culture of "radical transparency," including encouraging dissent, openly airing disagreements, and recording all meetings.

Net worth over time

Real-time ranking

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