Ray Dalio

Billionaire, Hedge Fund Founder, Author

American New York City

Quick Info

ProfessionBillionaire, Hedge Fund Founder, Author
NationalityAmerican
Date of Birth08/08/1949
Age77 years
BirthplaceNew York City

Latest News about Ray Dalio

20/11/2025

Dalio said that markets were in a bubble, but he cautioned investors not to rush into selling simply because of the artificial intelligence boom. He argued that bubbles can persist and may require a catalyst before they burst, even as he remained concerned about elevated valuations.

17/09/2025

Ray Dalio took over as the de-facto chief investment officer of his family office after the departure of a former Wall Street executive who had been running the role. The move marked another step in his transition away from Bridgewater Associates as he continued managing investments through his own family office.

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Bio/Wiki

Full NameRaymond Thomas Dalio
DescriptionAmerican billionaire and founder of Bridgewater Associates, one of the world’s largest hedge funds. Known for his investment philosophy and principles-based management approach.
Net Worth$21.5 billion (as of June 2026)
Bloomberg Billionaire Index Rank126th

Educational Qualification(s)

UndergraduateC.W. Post College, Degree in Finance
GraduateHarvard Business School, MBA (1973)

Personal Life

Married to Barbara Gabaldoni

Family

FatherJazz musician
MotherAnn Dallolio
ChildrenMatt Dalio, Paul Dalio, Mark Dalio, Devon Dalio

Career

Early Jobs
  • Paper route
  • Hardware store
  • Golf club caddie
  • Golf club caddie at Links Golf Club
Wall Street ExperienceShort stints with two Wall Street firms before founding Bridgewater
Bridgewater Founded1975
Founding LocationTwo-bedroom apartment in Manhattan, New York City
Major Career EventWent broke in 1982, then developed systematic approach to documenting mistakes and building algorithms
Company AchievementGrew Bridgewater into the world’s largest hedge fund (2005), making more money for clients than any other hedge fund; ranked as fifth most important private company in the United States (Fortune magazine)
Leadership PositionsServed as CEO, CIO, and Chairman at various times
CEO TransitionStepped down as CEO in 2017, as CIO in summer 2020, as Chairman at end of 2021
Current RoleFocused on mentoring at Bridgewater and beyond
Co-CIO RoleServed as co-director of investments until 2022

Some Lesser Known Facts

1. Started investing at age 12, buying shares of Northeast Airlines for $300 and tripling his investment when the airline merged
2. Wrote a 100-page essay called 'Principles' to share his management philosophy with employees
3. Named to Time magazine's list of 100 most influential people in the world
4. As a caddie at Links Golf Club, interacted with notable figures including the Duke of Windsor and Richard Nixon
Information on this page is collected from public sources and may not be 100% accurate. Report an error
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