Ray Dalio's Biography

Ray Dalio is a legendary American investor and the founder of Bridgewater Associates, the world's largest hedge fund firm. Born on August 8, 1949, Dalio is widely recognized for his principles-based approach to investing and management, which he details in his best-selling book 'Principles: Life & Work.' With an MBA from Harvard Business School, Dalio launched Bridgewater from his apartment in 1975, steadily growing it into a financial powerhouse managing billions in assets. Known for his innovative strategies like risk parity and his advocacy of radical transparency, Dalio has been named among Time's 100 Most Influential People and frequently appears in global economic forums. His net worth has steadily climbed, reaching an estimated $19.4 billion in 2024, making him one of the wealthiest and most influential figures in finance. Dalio is also a philanthropist, supporting causes related to education, ocean exploration, and economic research. Outside of finance, he enjoys fishing and meditation, and is passionate about understanding economic cycles and sharing his insights. Despite occasional controversies and debates over his management style, Dalio remains a respected thought leader, admired for his commitment to lifelong learning and innovative thinking in both business and life.