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Ray Dalio
A former hedge fund manager and author whose book on national debt cycles provides context for the economic challenges facing the US.
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7/12/2025, 5:36:12 AM
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7/12/2025, 5:41:33 AM
Summary
Raymond Thomas Dalio, born on August 8, 1949, is an American billionaire investor and hedge fund manager. He is best known as the founder of Bridgewater Associates, which he established in 1975 and grew into the world's largest hedge fund by 2013. Dalio has served as co-chief investment officer of Bridgewater since 1985 and is credited with popularizing investment innovations such as risk parity and currency overlay. An alumnus of Harvard Business School, he is also a best-selling author, notably for his 2017 book "Principles: Life & Work," which outlines his unique corporate management and investment philosophy. As of December 2024, his net worth was estimated at $15.4 billion. Dalio has publicly expressed concerns about a "Debt Death Spiral," a sentiment he shares with figures like Elon Musk.
Referenced in 2 Documents
Research Data
Extracted Attributes
Spouse
Barbara Dalio
Parents
Marino Dallolio (father), Ann Dalio (mother)
Children
4 sons (including Paul Dalio)
Education
BS in Finance from C.W. Post College (1971), MBA from Harvard Business School (1973)
Full Name
Raymond Thomas Dalio
Known For
Founding Bridgewater Associates, popularizing risk parity and currency overlay, authoring 'Principles: Life & Work'
Net Worth
$15.4 billion (as of December 2024)
Occupation
Investor, Hedge Fund Manager, Author
Nationality
American
Date of Birth
1949-08-08
Place of Birth
Jackson Heights, Queens, New York City, U.S.
Timeline
- Born Raymond Thomas Dalio in New York City, U.S. (Source: Summary, Wikipedia, Web Search)
1949-08-08
- Graduated with a BS in Finance from C.W. Post College. (Source: Web Search)
1971-XX-XX
- Received an MBA from Harvard Business School. (Source: Summary, Wikipedia, DBPedia, Web Search)
1973-XX-XX
- Founded Bridgewater Associates in New York City. (Source: Summary, Wikipedia, DBPedia, Web Search)
1975-XX-XX
- World Bank's retirement fund made a $5 million investment in Bridgewater Associates (within five years of founding). (Source: DBPedia)
1980-XX-XX
- Began serving as co-chief investment officer of Bridgewater Associates. (Source: Summary, Wikipedia, DBPedia)
1985-XX-XX
- Bridgewater Associates was listed as the largest hedge fund in the world. (Source: Summary, Wikipedia, DBPedia)
2013-XX-XX
- Authored the best-selling book "Principles: Life & Work." (Source: Summary, Wikipedia, DBPedia, Web Search)
2017-XX-XX
- Ranked the world's 79th-wealthiest person by Bloomberg. (Source: DBPedia)
2020-XX-XX
- Net worth estimated at $15.4 billion. (Source: Summary, Wikipedia)
2024-12-XX
- Expressed concerns about a 'Debt Death Spiral'. (Source: Summary, Related Document 2d0817d1-b2b8-48cd-98ba-4b5560db3b70)
2024-12-XX
Wikipedia
View on WikipediaRay Dalio
Raymond Thomas Dalio (born August 8, 1949) is an American billionaire and hedge-fund manager, who has been co-chief investment officer of Bridgewater Associates since 1985. He founded Bridgewater in 1975 in New York. Dalio was born in New York City and attended C.W. Post College of Long Island University before receiving an MBA from Harvard Business School in 1973. In 2013, Bridgewater was listed as the largest hedge fund in the world. Dalio is the author of the 2017 book, Principles: Life & Work, about corporate management and investment philosophy. As of December 2024, Dalio ranks #124 on Forbes' Richest People in the World with a net worth of $15.4 billion.
Web Search Results
- Ray Dalio - Wikipedia
Raymond Thomas Dalio (born August 8, 1949) is an American billionaire and hedge-fund manager, who has been co-chief investment officer of Bridgewater Associates since 1985. He founded Bridgewater in 1975 in New York. Dalio was born in New York City and attended C.W. Post College of Long Island University before receiving an MBA from Harvard Business School in 1973. In 2013, Bridgewater was listed as the largest hedge fund in the world. [...] | Ray Dalio | | | --- | --- | | | | | Born | Raymond Thomas Dalio (1949-08-08) August 8, 1949 (age 75) New York City, U.S. | | Education | Long Island University, Post (BS) Harvard University (MBA) | | Occupation | Hedge fund manager | | Known for | Founder of Bridgewater Associates | | Spouse | Barbara Dalio | | Children | 4 sons, including Paul | [...] Dalio was born in the Jackson Heights neighborhood of New York City's Queens Borough. When he was 8, his family moved from Jackson Heights to Manhasset in Nassau County, Long Island, New York. He is the son of a jazz musician, Marino Dallolio (1911–2002), and Ann, a homemaker. He is of Italian descent. He attended Herricks High School.
- Ray Dalio: books, biography, latest update - Amazon.com
Ray Dalio is the founder and co-chairman of Bridgewater Associates, which, over the last forty years, has become the largest and best performing hedge fund in the world. He is the author of #1 New York Times Bestseller and #1 Amazon Business Book of the Year, Principles. Dalio has appeared on the Time 100 list of the most influential people in the world as well as the Bloomberg Markets list of the 50 most influential people. He lives with his family in Connecticut. ## Most popular ## Books [...] ## Skip to ## Keyboard shortcuts Prime Day ends in Kindle Books Visit Ray Dalio Store on Amazon Visit Ray Dalio Store on Amazon # Ray Dalio ## About the author [...] ##### Audible ##### Box Office Mojo ##### Goodreads ##### IMDb ##### IMDbPro ##### Kindle Direct Publishing ##### Amazon Photos ##### Prime Video Direct ##### Shopbop ##### Amazon Resale ##### Whole Foods Market ##### Woot! ##### Zappos ##### Ring ##### eero WiFi ##### Blink ##### Neighbors App ##### Amazon Subscription Boxes ##### PillPack ##### Amazon Renewed
- Ray Dalio - Bridgewater Associates
Ray graduated with a BS in Finance from C.W. Post College in 1971 and earned an MBA degree from Harvard Business School in 1973. He has been married to his wife, Barbara, for more than 40 years and has three grown sons and five grandchildren. He is an active philanthropist with special interests in ocean exploration and helping to rectify the absence of equal opportunity in education, healthcare, and finance. Follow Ray on LinkedIn and visit Our Founder page. [...] His investment innovations (e.g., risk parity, alpha overlay, and All Weather) changed the way global institutions approach investing, and he has received several lifetime achievement awards. Over the decades he has been a valued macroeconomic advisor to many policy makers around the world. Because of the impact his thinking has had on global macroeconomic policies, he was named by TIME magazine as one of the “100 Most Influential People in the World.” Today, Ray remains an investor and mentor [...] BW 50th Ann full color logo-No Swoosh.png BW 50th Ann full color logo-No Swoosh.png # Ray Dalio Ray_Dalio_083120.jpg A global macro investor for more than 50 years, Ray Dalio founded Bridgewater Associates out of his two-bedroom apartment in NYC and ran it for most of its 47 years, building it into the largest hedge fund in the world and the fifth most important private company in the US according to FortuneMagazine.
- 50 Giants: Bridgewater's Ray Dalio - The Hedge Fund Journal
Dalio has been CEO, CIO and Chairman at various times, and is now Founder, CIO Mentor and Member of the Bridgewater Board of Directors. After 47 years, Dalio is confident about succession, in part because, “The ongoing systematisation of the investment process makes it less dependent on any one person. And teams have worked together for decades, depending on, and understanding each other”. [...] Dalio considers himself a hyperrealist and beyond economics and finance, he pays far more attention to politics and geopolitics than some systematic or quantitative investors: “International conflicts over the world order and trade wars can be very disruptive in their impact on taxes”. Dalio has argued that China and the US have been at the brink of military war, though he revised this view to a different sort of war and regardless of geopolitics he sees internal conflict in the US. [...] After graduating with an MBA from Harvard Business School in 1973, he began working in commodities for Dominick & Dominick during the oil price shock. In 1975 after a disagreement with his boss, Dalio left Shearson Hayden Stone, but had built up a strong rapport with many institutional hedging clients. Their loyalty and some support from family friend, Wall Street financier George Leib, enabled him to set up his own consultancy firm out of a two-bedroom apartment. The research, which included
- Principles by Ray Dalio
In 1975, Ray Dalio founded an investment firm, Bridgewater Associates, out of his two-bedroom apartment in New York City. Over forty years later, Bridgewater has grown into the fifth most important private company in the United States, according to Fortune magazine, and Dalio himself has been named to Time magazineâs list of the 100 most influential people in the world. [...] Along the way, Dalio discovered a set of unique principles that have led to Bridgewaterâs exceptionally effective culture, which he describes as âan idea meritocracy that strives to achieve meaningful work and meaningful relationships through radical transparency.â It is these principles, and not anything special about Dalioâwho grew up an ordinary kid in a middle-class Long Island neighborhoodâthat he believes are the reason behind his success. Bridgewater OceanX [...] This site is not viewable without JavaScript, and your browser currently has JavaScript disabled. Please enable JavaScript and refresh the page to properly view this site. ## New How Countries Go Broke ### Available to Purchase Amazon Barnes & Noble Simon & Schuster Bookshop iBooks Porchlight Bulk Books ## Principles: Your Guided Journal Create Your Own Principles to get the Work and Life You Want ### Available to Purchase Amazon Coming Soon
Wikidata
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Gender
Educated At
Instance Of
Occupation
Citizenship
Date Of Birth
8/1/1949Place Of Birth
DBPedia
View on DBPediaRaymond 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. A $5 million investment from the World Bank's retirement fund was made within five years. His innovations are regarded as some of the best in the industry, having popularized many commonly used practices, such as risk parity, currency overlay, portable alpha and global inflation-indexed bond management. Dalio was born in New York City and attended C.W. Post College of Long Island University before receiving an MBA from Harvard Business School in 1973. Two years later, in his apartment, Dalio launched Bridgewater. In 2013, it was listed as the largest hedge fund in the world. In 2020 Bloomberg ranked him the world's 79th-wealthiest person. Dalio is the author of the 2017 book Principles: Life & Work, about corporate management and investment philosophy. It was featured on The New York Times best seller list, where it was called a "gospel of radical transparency."
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