Ray Dalio
Raymond Thomas Dalio (born August 8, 1949) is an American billionaire hedge fund manager, author, and philanthropist. He is the co-chief investment officer of Bridgewater Associates since the company was founded in 1985.
Ray Dalio | |
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Born | Raymond Thomas Dalio August 8, 1949[1] New York City, New York, U.S. |
Nationality | American |
Alma mater | Long Island University Harvard Business School |
Occupation | Hedge fund manager |
Known for | Founder of Bridgewater Associates |
Net worth | US$18.7 billion (February 2020)[2] |
Spouse(s) | Barbara Dalio |
Children | 4 sons, including Paul Dalio |
The firm received a US$5 million investment from the World Bank's retirement fund. It was listed as the largest hedge fund in the world in 2013.[3]
Early life and education
Dalio was born in New York City. He studied at the C.W. Post College of Long Island University before he received his M.B.A. from the Harvard Business School in the year 1973. He then launched Bridgewater in his apartment 2 years later.
In 2020, Bloomberg ranked him as the world's 79th-wealthiest person.[4]
Literary works
Apart from investing, he is the author of the book Principles: Life & Work in 2017. It covers corporate management and investment philosophy. The New York Times referred to it as "gospel of radical transparency."
Ray Dalio Media
Ray Dalio at the International Achievement Summit’s 2012 Banquet of the Golden Plate reception in Washington, D.C., with his wife, Barbara, and two Academy of Achievement student delegates, Philip Thigo of Kenya and Julia Fan Li of Canada.
Dalio giving a speech on philanthropy
Related pages
References
- ↑ "Bloomberg Billionaire Index". Bloomberg News. Retrieved 18 April 2018.
- ↑ "Forbes profile: Ray Dalio". Forbes.com. Retrieved 2 September 2019.
- ↑ "The Top Buys of Ray Dalio's Bridgewater Associates, Largest Hedge Fund in the World". GuruFocus. 2013-08-14. Retrieved 2022-03-26.
- ↑ "Bloomberg Billionaires Index". www.bloomberg.com. Retrieved 2020-06-06.