Ray Dalio Net Worth

Ray Dalio Net Worth

Real Name: Ray Dalio
Date of Birth: 08/01/1949
Place of Birth: Queens, New York

2019 Net Worth: $15.2 Billion
2018 Earnings:

Profession: Investor, Businessman, Founder of the investment firm Bridgewater Associates

Ray Dalio Biography

Ray Dalio was born in the Jackson Heights area of Queens, New York, son of a jazz musician. Dalio had little interest in music, however, and began his investing career at the age of 12 when he bought $300 worth of shares of Northeast Airlines and shortly saw his money triple when the airline merged with another. Dalio attended Long Island University, where he received his BA degree, then attended Harvard Business School, where he completed his MBA.

Dalio went to work directly out of college and onto the floor of the New York Stock Exchange. He invested in commodity futures and later became a broker at Shearson Hayden Stone. He founded a Connecticut based investment management firm, Bridgewater Associates. As of 2012, Bridgewater had become the largest hedge fund in the world, with more than $160 billion in assets.

Dalio published an essay in 2007 in which he described the global financial crisis that would happen in 2008/2009. In 2013, Dalio made a video for YouTube, where he shared his investment secrets and economic theories. His video has more than 1 million views.

Although even an expert such as Dalio has a few setbacks. His “All Weather Fund”, lost money in 2013, but is back with an increase of almost 12 percent in the first half of 2014. Dalio wanted to build a new $750 million headquarter building in Stamford, Connecticut, but finally withdrew these plans due to local opposition to the projects.

Dalio has appeared on the annual Time 100 list of the most influential people in the world and in 2012 he was listed as one of the 50 most influential persons in the world by Bloomberg Markets. Forbes shows Dalio as the 30th richest person in America with a net worth of $15.2 billion.

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