Who is Ray Dalio?
He founded the investment management fund Bridgewater Associates. He was born in August 1949. He is married to Barbara Dalio, they have 4 children. (Paul, Devon, Matt, and Mark Dalio).
His son Devon Dalio died in a car crash in December 2020.
Bridgewater Associates is an investment management company. That manages around US$150 billion in global investments. For a wide array of mainly institutional clients.
The company has around 1,400 employees. And is referred to as the biggest investment fund in the world.
Raymond Dalio is the owner of the yachts Alucia, support vessel Umbra and OceanXplorer.
Bridgewater is famous for its Daily Observations. It is a research publication. Which is considered at the ‘must read’ daily analyses by thousands of investors and policymakers around the world.
Ray Dalio Net Worth
The success of Bridgewater made Dalio one of the richest people in the world. With a net worth of more than US$ 17 billion.
Dalio is an active philanthropist, he donated more than $ 850 million to good causes. His Dalio Foundation has more than USD 500 million in assets. And is giving away around US$ 30 million a year.
Ray and his wife Barbara Dalio have committed to The Giving Pledge. Dedicating the majority of their wealth to philanthropy.