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$150 billion in global investments. For a wide array of mainly institutional clients.
The company has around 1,400 employees. And is referred to as the biggest investment fund in the world.
Bridgewater is famous for its Daily Observations. It is a research publication. Which is considered at the ‘must read’ daily analyses by thousands of investors and policymakers around the world.
Ray Dalio Net Worth
The success of Bridgewater made Dalio one of the richest people in the world. With a net worth of more than US$ 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.
OceanXplorer Yacht ( ex: Alucia 2)
Dalio’s new 85 meter explorer yacht OceanXplorer (Alucia 2) is a converted research vessel. She features state-
She will feature a production studio. Which was developed in consultation with filmmaker and ocean explorer James Cameron.
MY Umbra Yacht
Umbra is a so-called ‘fast support vessel’. It is built by Amels in the Netherlands under the Sea Axe brand.
Her four MTU 12V4000 engines give her a total power of 7,080 bhp. And an 21 knots top speed. She can accommodate a total of 26 guests. Of which 15 crew and 11 scientists.
Ray Dalio House
Ray and his wife Barbara Dalio live in a relatively modest (for a billionaire…) house in Greenwich, CT near New York City.
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.
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.
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.
We think he also owns a Cesna 680 with registration N385QS (through Netjets).