See more
What is the largest hedge fund in the world?
Bridgewater AssociatesWith more than $150 billion in assets, Bridgewater Associates is the biggest hedge fund in the world.
Who is Redalio net worth?
According to Forbes, Dalio has an estimated net worth of $20 billion as of January 21, 2022, ranking him 88th on their billionaires list and 36th on the Forbes 400 list. In January 2022, Bloomberg News reported Dalio's net worth as $15.7 billion, making him the world's 123rd-richest person according to their rankings.
How much is Bridgewater Associates worth?
Dalio founded Bridgewater Associates (1975)...Net Worth:$16 BillionSource of Wealth:Professional InvestorLast Updated:August 2, 20225 more rows•Aug 8, 2022
How much money does Bridgewater manage?
$150 billionIn a long-planned transition, the co-chief executives Nir Bar Dea and Mark Bertolini will run Bridgewater, one of the world's largest hedge funds, with $150 billion in managed assets.
What is Carl Icahn's net worth?
18 billion USD (2022)Carl Icahn / Net worth
How much is Paul Tudor Jones worth?
7.5 billion USD (2022)Paul Tudor Jones / Net worth
How much do Bridgewater Associates make?
Bridgewater Associates SalariesJob TitleSalaryAssociate salaries - 23 salaries reported$89,318/yrSenior Management Associate salaries - 23 salaries reported$105,032/yrSenior Investment Associate salaries - 20 salaries reported$96,189/yrSoftware Developer salaries - 20 salaries reported$113,259/yr16 more rows
Who is Ray Dalios wife?
Barbara DalioRay Dalio / Wife
How much do top hedge fund managers make?
What is a Hedge Fund Manager's Salary?PercentileAnnual SalaryMonthly Salary90th Percentile$261,000$21,75075th Percentile$191,000$15,917Average$135,399$11,28325th Percentile$95,000$7,9171 more row
What is Ray Dalio's hedge fund?
Bridgewater AssociatesBillionaire investor Ray Dalio announced Tuesday that he is giving up control of Bridgewater Associates, the world's largest hedge fund. Why it matters: This is the final step in Dalio relieving control of the firm he founded, transitioning $150 billion in assets to the next generation of leaders.
When did Ray Dalio lose his money?
In the early 1980s, Dalio went broke after betting against the American economy. “I'd lost so much money I couldn't afford to pay the people who worked with me.
Who owns BlackRock Inc?
Larry FinkLaurence D. Fink is Chairman and Chief Executive Officer of BlackRock. He and seven partners founded BlackRock in 1988, and under his leadership, the firm has grown into a global leader in investment and technology solutions.
Is Ray Dalio a billionaire?
Indeed, Dalio's stewardship of Bridgewater following his near-bankruptcy experience helped him become one of the world's richest people. Today, he has a net worth of $22 billion, according to Forbes. And he credits much of his success to that singular lesson: Learn from your mistakes.
What is Bridgewater Pure Alpha fund?
Pure Alpha is Bridgewater's optimal alpha portfolio, which it has been managing since 1991. It is a global, active investment strategy designed to generate high and consistent returns that are uncorrelated to markets and other managers.
What does an investment associate at Bridgewater do?
Investment Associates are on a mission to understand the fundamental drivers of markets and turn that understanding into quantitative trading strategies and qualitative investment advice for our clients. There are no typical paths at Bridgewater.
What is Ray Dalio's Net Worth?
Ray Dalio is a billionaire hedge fund manager and investor who has a net worth of $16 billion. Ray Dalio is best known for founding the world's biggest hedge fund, Bridgewater Associates. Since 1985, he has served as the firm's co-chief investment officer. Considered a leading innovator in the realm of finance, Dalio has popularized such commonly used practices as currency overlay, portable alpha, and risk parity.
How many children does Ray Dalio have?
He started making videos for You Tube in 2013 to share economic theories and investment secrets. Ray is married and has four children. Net Worth details: Ray Dalio owns 79 percent of Bridgewater Associates Intermediate Holdings.
Where did Dalio work?
Dalio worked in the commodities division for Merrill Lynch in 1972. He went on to work at Dominick & Dominick LLC as the Director of Commodities. He joined Shearson Hayden Stone in 1975 as a futures trader and broker. He started Bridgewater Associates in 1975 in Westport, Connecticut.
What did Dalio do in high school?
In his high school years, Dalio was a mediocre student. He found school repetitive and monotonous, and saw no practical applications for the skills he was learning. Because of this, he had trouble finding a college to enroll at. He finally applied and got into C.W Post College, a campus of Long Island University. He continued to buy and sell stocks in college, but became attracted to something new: commodity futures. Commodity futures had low borrowing requirements at the time, and Dalio knew he could profit more handsomely than with simple stocks. At the same time, he was beginning to enjoy school. With more freedom given to him, he took up transcendental meditation, which he still practices to this day. With this newfound strategy to manage stress and focus, along with his blossoming appetite for learning, Dalio excelled academically. At the end of his time at C.W Post College, he was admitted to Harvard Business School.
Why did Dalio step down from Bridgewater?
Dalio was co-CEO of Bridgewater for 10 months before announcing in March 2017 that he would step down as part of a company-wide shakeup by April 15.
What is Dalio's strategy?
Dalio deploys multiple strategies within Bridgewater Associates. Dalio deploys capital to each of these strategies in proportions that he sees fit. According to Dalio, Bridgewater Associates is a "global macro firm", investing around economic trends, such as changes in exchange rates, inflation, and G.D.P. growth. The New Yorker called Dalio “a big-picture thinker connected to a street-smart trader". Dalio divides his holdings into two different areas: beta investments and alpha investments. Beta investments produce returns through passive management and normal market risk. Alpha investments are actively managed and aim to generate better returns than beta investments. Alpha investments are not related to the general market. Dalio uses "quantitative" investment methods to identify new investments while avoiding unrealistic historical models. Dalio's goal is to structure portfolios with uncorrelated investment returns based on risk allocations rather than asset allocations. Dalio's hedge fund mostly accepts money from institutional clients such as pension funds, foundations, endowments, and central banks. Private investors can rarely invest in Dalio's holdings.
How much is Dalio worth?
In 2015, Forbes estimated his net worth at $15.4 billion, making him the second-wealthiest hedge fund manager after George Soros. In 2014 he reportedly earned $1.1 billion, including a share of his firm's management and performance fees, cash compensation and stock and option awards. In 2018, Dalio was estimated to have personally received $2 billion in compensation for the year, after his fund posted a 14.6% return. According to Forbes, Dalio has an estimated net worth of $18.6 billion as of July 26, 2020, making him the world's 69th richest person and 26th on the Forbes 400 list. In March 2021, Bloomberg News reported that Dalio's net worth had fallen slightly to $17.0 billion , making him the world's 110th-richest person.
What was Dalio's job?
At the firm, Dalio's job was to advise cattle ranchers, grain producers, and other farmers on how to hedge risks, primarily with futures.
When did Bridgewater Associates start?
In 1975, he founded Bridgewater Associates out of his two-bedroom New York City apartment. Bridgewater started out as a wealth advisory firm, and did so for numerous corporate clients, mostly from Dalio's job at Shearson Hayden Stone. The main areas in which Dalio advised were currencies and interest rates.
What is Dalio's favorite hunting?
Dalio is an avid outdoorsman, and enjoys both hunting and fishing. He has hunted cape buffalo, grouse, elk and warthog. He is especially fond of bow-hunting, which is his weapon of choice when stalking animals.
How much is Ray Dalio worth in 2021?
Net Worth in 2021: $20 billion. Last Updated: July 2021. Ray Dalio is an American based philanthropist and an eminent hedge fund manager who is also known as the founder and owner of the immensely successful Bridgewater Associates, which has undeniably scaled the world’s topmost hedge funding associations. Maybe you know about Ray Dalio very well ...
What is Ray Dalio known for?
Ray Dalio has been appreciated for his political and economic views , which have been published in several journals all across the world. In 2011, he had also published a 123 paged documentary on Principles to be followed for a successful business tenure.
What degree did Ray Dalio have?
Ray Dalio had graduated from Long Island University with a B.A. degree in finance. Later he had enrolled himself in the Harvard Business School from where he had passed with an MBA degree.
Where did Dalio work?
Career. After pursuing his graduation, Dalio had employed himself in the New York Stock Exchange, where he was allowed to trade future commodities. Henceforth, he had also enrolled in the Dominick and Dominick LLC at the post of Director.
Was Ray Dalio a roller coaster?
Ray Dalio Net Wort. Though not a roller coaster, life for Ray Dalio had never been smooth. His initial years were full of struggles. Dalio had switched into a lot of eminent companies and hopped on several posts to reach the present glorious position, which has earned him global recognition and immense fame.
When did Bridgewater Associates start?
In the year 1974, he went on to join Shearson Hayden Stone as a broker and later on founded the Bridgewater Associates in 1975 . The company, under his reign, had escalated immense notches of success and was even declared as the world’s largest investments companies in the year 2012.
Ray Dalio Biography
Raymond Dalio was born on August 8, 1949, in Queens, New York. He attended Long Island University and later transferred to Harvard Business School, where he earned his master’s degree in business administration.
Ray Dalio Net Worth
As of 2021, Ray Dalio’s net worth is estimated to be $17.4 billion. This makes him one of the richest people in the world alongside Warren Buffet, Charlie Munger, and Elon Musk.
Investments
Dalio is an active investor in both public and private companies. He is a significant shareholder in numerous firms, including Goldman Sachs, Yahoo!, Oracle Corporation, Apple Inc., and Bridgewater Associates.
Bridgewater Associates
Dalio is the founder and co-chief investment officer of Bridgewater Associates, one of the world’s largest hedge funds. The firm is headquartered in Westport, Connecticut and has over $160 billion in assets under management.
Ray Dalio Books
Dalio has written three books, Principles: Life and Work, Principles for Dealing with the Changing World Order, and A Template for Understanding Big Debt Crises.
Ray Dalio on Debt
In an interview with CNBC, Dalio discussed his views on debt and the current state of the economy.
Diversification
Dalio is a strong advocate of diversification. He believes that investors should diversify their portfolios across a variety of asset classes, including stocks, bonds, real estate, and cash.
How much is Dalio worth?from en.wikipedia.org
Now more than 57 years later, Dalio has a net worth of $16.9 billion. Not to mention, he is one of the most influential figures in the world of finance as founder world's largest hedge fund — Bridgewater Associates, which has $160 billion in assets under management.
Who is Ray Dalio?from en.wikipedia.org
Photo: Ray Dalio, founder of the world's largest hedge fund, Bridgewater Associates, receives the Golden Plate Award of the Academy of Achievement from Awards Council member David Rubenstein, co-founder of The Carlyle Group". American Academy of Achievement. Archived from the original on 2020-09-17.
What did Dalio do in high school?from en.wikipedia.org
In his high school years, Dalio was a mediocre student. He found school repetitive and monotonous, and saw no practical applications for the skills he was learning. Because of this, he had trouble finding a college to enroll at. He finally applied and got into C.W Post College, a campus of Long Island University. He continued to buy and sell stocks in college, but became attracted to something new: commodity futures. Commodity futures had low borrowing requirements at the time, and Dalio knew he could profit more handsomely than with simple stocks. At the same time, he was beginning to enjoy school. With more freedom given to him, he took up transcendental meditation, which he still practices to this day. With this newfound strategy to manage stress and focus, along with his blossoming appetite for learning, Dalio excelled academically. At the end of his time at C.W Post College, he was admitted to Harvard Business School.
Why did Dalio step down from Bridgewater?from en.wikipedia.org
Dalio was co-CEO of Bridgewater for 10 months before announcing in March 2017 that he would step down as part of a company-wide shakeup by April 15.
What is Dalio's strategy?from en.wikipedia.org
Dalio deploys multiple strategies within Bridgewater Associates. Dalio deploys capital to each of these strategies in proportions that he sees fit. According to Dalio, Bridgewater Associates is a "global macro firm", investing around economic trends, such as changes in exchange rates, inflation, and G.D.P. growth. The New Yorker called Dalio “a big-picture thinker connected to a street-smart trader". Dalio divides his holdings into two different areas: beta investments and alpha investments. Beta investments produce returns through passive management and normal market risk. Alpha investments are actively managed and aim to generate better returns than beta investments. Alpha investments are not related to the general market. Dalio uses "quantitative" investment methods to identify new investments while avoiding unrealistic historical models. Dalio's goal is to structure portfolios with uncorrelated investment returns based on risk allocations rather than asset allocations. Dalio's hedge fund mostly accepts money from institutional clients such as pension funds, foundations, endowments, and central banks. Private investors can rarely invest in Dalio's holdings.
Why did Dalio use meditation?from cnbc.com
So Dalio used meditation to reflect on his mistakes and to clear his mind to make better decisions in the future.
What is Devon's interest in the Dalio Foundation?from wikibious.com
According to Greenwich Time, Devon’s philanthropic interests included health and wellness, support for veterans, disaster relief, and animal welfare. He also served as a board member of the Dalio Foundation, according to the foundation’s tax filings. Devon grew up with three brothers and was married with a daughter.
How much is Ray Dalio worth?
Ray Dalio Net Worth. The success of Bridgewater made Dalio one of the richest people in the world. With a net worth of more than US$ 17 billion.
Who is Ray Dalio?
Ray Dalio founded the investment management fund Bridgewater Associates . He was born in August 1949. He is married to Barbara Dalio, they have 4 children. (Paul Dalio, Devon Dalio, Matt Dalio, and Mark Dalio).
What type of helicopter does Dalio own?
Dalio does own a Eurocopter heli with registration N849PA. Which is based on his yacht. And an Airbus AS 350 helicopter with registration N988MD. We think he also owns a Cesna 680 with registration N385QS (through Netjets).
How much did Dalio buy Copper Beech Farm?
It was reported that Dalio has bought the US$ 120 million ‘Copper Beech Farm’ in Greenwich. But we cannot find any supporting information. Also, we noticed that the farm was listed for sale again. It is now asking US$ 195 million. It is among the most expensive houses ever sold in the USA.
Where does the Dalio family live?
The Dalio family also owns a mansion on a small island. It is located near their other home, in Greenwich. And they own a condominium in Greenwich Village, New York City. Which they bought for US$ 6 million in 2004.
Does Dalio own a private jet?
We think he owns a Gulfstream private jet. But have not found a registration number yet. Dalio does own a Eurocopter heli with registration N849PA. Which is based on his yacht. And an Airbus AS 350 helicopter with registration N988MD.
How tall is Ray Dalio?
Ray Dalio is a good-looking man in his 70s with a well-kept average body physique. With a height of 5ft. 7inches (1.76m) and a body weight of 85kg, he is a tall man. His body measurements are 35-34-35 inches, and he wears a shoe size of 8 (US). His complexion is fair, and he has blonde hair and dark brown eyes.
How much is Dalio worth?
Dalio has amassed a fortune of over $18.6 billion as the creator of the world’s largest hedge fund firm, Bridgewater Associates, which oversees around $140 billion. This places him as the 69th richest person in the planet and 26th on the Forbes 400 list.
How old was Dalio when he started investing?
Dalio was born into a musical family but chose to follow his own path to become a businessman. He began investing at the age of 12 when he purchased $300 worth of Northeast Airlines stock and was astounded when his investment was tripled when the airline merged with another. Since then, he has made it his goal to work in the same industry and make a million dollars.
Where was Ray Dalio born?
Ray Dalio was born in the New York City neighborhood of Jackson Heights, the son of Marino Dallolio (father) and Ann Dallolio (mother) (mother). Marino, his father, was a jazz musician who played clarinet and saxophone in Manhattan jazz clubs such as Copacabana, while Ann, his mother, was a stay-at-home mom.
Where did Ray Dalio start his career?
Ray Dalio started his professional career initially working on the floor of the New York Stock Exchange and traded commodity futures.
When did Dalio leave the company?
Dalio served as the co-CEO of the firm for ten months but left the position in March 2017.
What is the book Principles of Life and Work about?
He is also the author of the 2017 book, “Principles: Life & Work”, about corporate management and investment philosophy which was even featured on The New York Times bestseller list.
Ray Dalio's latest book discusses evolutionary patterns in large nations
His book explores the evolution of empires, namely China and America. The lenses through which he examines these empires are currency and cultural values. Dalio points out that, like America, China is centered on strong cultural beliefs that shape the nation's businesses, social climate, and economy.
Dalio has a lot to say on power, cash, and bitcoin
Dalio also speaks on currency in his book, which echoes his initial points about the value of cash. He told CNBC that while Bitcoin does not possess fundamental value, he still believes that it is crucial for all alternatives to cash to be considered.
Ray Dalio's net worth and portfolio
According to Bloomberg, Ray Dalio has a net worth of $15.6 billion, and the majority of this wealth is accumulated from his stake in Bridgewater Associates at 49.9 percent. His stake in the company is valued at $7.2 billion. Since 2002 Dailo has taken in nearly $12 billion in hedge fund profits and investment returns.
What Is Ray Dalio's Net Worth?
Net Worth Details
- Ray Dalio owns approximately 79% of Bridgewater Associates Intermediate Holdings. The company administers about $150 billion worth of assets. Between 2010 to 2020 Dalio earned at least $15 billion in profits from Bridgewater. He earned roughly $1.5 billion between 2005 to 2009.
Early Life and Education
- Ray Dalio was born on August 8, 1949 in the Queens borough of New York City to homemaker Ann and jazz musician Marino. At the age of eight, he moved with his parents to Manhasset, Long Island. Dalio had a number of odd jobs while growing up, including as a lawn mower and snow shoveler. Most significantly, he was a caddy at the Links Golf Club, where he caddied for numer…
Career Beginnings
- After graduating from Harvard, Dalio lived and traded out of a converted barn in Wilton, Connecticut. He subsequently worked on the floor of the New York Stock Exchange, where he traded commodity futures. Following this, Dalio worked as the Director of Commodities at Dominick & Dominick LCC, and then became a futures broker and trader at the securities firm S…
Bridgewater Associates
- In 1975, Dalio founded the investment management firm Bridgewater Associates. It began as a wealth advisory firm, and published a research report that analyzed trends in the global market. Dalio had his big break when McDonald's signed on as a client, causing Bridgewater to grow exponentially. He became increasingly well known outside of Wall Street in the ensuing years, e…
Investment Strategies
- With Bridgewater, Dalio has deployed a variety of investment strategies that have led to success. For starters, he divides his holdings into alpha and beta investments, and uses quantitative methods to identify new investments. Following this, Dalio translates his market insights into algorithms. Crucially, he uses risk parity, which allows for external diversification, leverage, and …
Philanthropy and Advocacy
- Alongside his wife, Dalio joined Bill Gates and Warren Buffett's Giving Pledge, through which extremely wealthy individuals vow to donate over half their fortunes to charitable causes within their lifetimes. Additionally, Dalio launched the Dalio Foundation, through which he has donated millions to the David Lynch Foundation and the National Philanthropic Trust, among other group…
Written Works
- As an author, Dalio penned his first book, "How the Economic Machine Works; A Template for Understanding What is Happening Now," in 2007. A decade later, he released his second book, "Principles: Life & Work," which was a New York Times bestseller. Dalio went on to author "Principles for Navigating Big Debt Crises," which came out in 2018, and "The Changing World …
Personal Life
- Following his graduation from Harvard in 1973, Dalio married his wife Barbara. They had four sons named Devon, Paul, Matthew, and Mark; Devon was killed in an automobile accident in 2020. The Dalios reside in Greenwich, Connecticut. An avid lover of the outdoors, Dalio enjoys fishing and hunting. He especially loves hunting with a bow when stalking large animals such as buffalo an…
Overview
Raymond Thomas Dalio (born August 8, 1949) is an American billionaire investor and hedge fund manager, who has served as co-chief investment officer of the world's largest hedge fund, Bridgewater Associates, since 1985. He founded Bridgewater in 1975 in New York. Within ten years, it was infused with a $5 million investment from the World Bank's retirement fund. Dalio is regarde…
Personal life
Dalio lives with his wife Barbara, a descendant of sculptor Gertrude Vanderbilt Whitney, in Greenwich, Connecticut. They have four sons, Devon, Paul, Matthew, and Mark. Their oldest son, Devon, died in an automobile accident in 2020 at age 42. Their second son, Paul Dalio (born 1979), is a film director.
Dalio has suffered from Barrett's esophagus, a form of gastroesophageal reflux …
Early life
Dalio was born in the Jackson Heights neighborhood of New York City's Queens borough. When he was 8, the family moved from Jackson Heights to Manhasset in Nassau County, New York. He is the son of a jazz musician, Marino Dalio (1911–2002), who "played the clarinet and saxophone at Manhattan jazz clubs such as the Copacabana," and Ann, a homemaker. As a child, Dalio had various odd jobs, including mowing lawns, shoveling snow, and a paper route. He is of Italian des…
Investment career
In his high school years, Dalio was an average student. He found school repetitive and monotonous and saw no practical applications for the skills he was learning. Because of this, he had trouble finding a college at which to enroll. He finally applied and got into C.W. Post College, a campus of Long Island University. He continued to buy and sell stocks in college, but became attracte…
Investment philosophy
Dalio uses multiple strategies with Bridgewater Associates, allocating capital to each as he sees fit. According to Dalio, Bridgewater Associates is a "global macro firm", investing around economic trends, such as changes in exchange rates, inflation, and G.D.P. growth. The New Yorker called Dalio “a big-picture thinker connected to a street-smart trader". Dalio divides his holdings into two different areas: beta investments and alpha investments. Beta investments produce returns thro…
Views
While Dalio has stated that capitalism is generally the best economic system, he has argued that it needs to be reformed due to it "not working well for most Americans". In April 7, 2019, Dalio said on 60 Minutes that income inequality in the United States was a national emergency requiring reform. In July 2019, he again called for refinement of capitalism and called wealth inequality a national emergency. In November 2019, he posted a blog entry stating that excess capital, unfu…
Published works
How the Economic Machine Works; A Template for Understanding What is Happening Now is Dalio's first book, published in 2007. In it, he describes the economy as a machine. His stated aim for the book was to explain how the economic machine works, as he saw many people did not understand. Dalio explains that contrary to popular belief, recession and depressions are created due to a shortfall of demand, rather than a loss in productivity. He says that the Federal Reserv…
Awards and honors
In 2012, Dalio received the Golden Plate Award of the American Academy of Achievement presented by Carlyle Group co-founder David Rubenstein, during the International Achievement Summit in Washington, D.C. CNBC listed Principles among the 13 Best Business Books of 2017. Dalio was called the "Steve Jobs of Investing" by aiCIO Magazine and Wired Magazine.
Early Life
Personal Life
Age, Height, and Weight
Career
Economical Views
Awards & Achievements
Net Worth & Salary of Ray Dalio in 2022
- Though not a roller coaster, life for Ray Dalio had never been smooth. His initial years were full of struggles. Dalio had switched into a lot of eminent companies and hopped on several posts to reach the present glorious position, which has earned him global recognition and immense fame. With a sky scaling the net worth of $20 billion as of August...