Ray Dalio

Raymond Dalio is an American billionaire investor, hedge fund manager, and philanthropist. Dalio is the founder, Co-Chairman and Co-Chief Investment Officer of investment firm Bridgewater Associates, one of the world’s largest hedge funds. Bloomberg ranked him as the world’s 58th wealthiest person in June 2019.

• 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.