Ray Dalio

Date of Birth: August 8, 1949

Zodiac Sign: Leo

Biography

Ray Dalio is an American billionaire investor, hedge fund manager, and philanthropist. He is the founder of Bridgewater Associates, one of the world’s largest and most successful hedge funds. Born in Jackson Heights, Queens, New York, Dalio started investing at the age of 12. He went on to earn a Bachelor’s degree in finance from Long Island University and an MBA from Harvard Business School. Dalio founded Bridgewater Associates in 1975 from his apartment. The firm grew to manage assets worth billions of dollars, thanks to Dalio’s innovative investment strategies and principles-based management approach. His book “Principles: Life & Work,” published in 2017, became a bestseller and has influenced many entrepreneurs and investors around the world. Throughout his career, Dalio has been known for his radical transparency and meritocracy principles, which he implemented at Bridgewater. He has also been involved in extensive philanthropic activities, particularly through the Dalio Foundation.

5 Interesting Facts about Ray Dalio

1. Ray Dalio started investing in the stock market at the age of 12 with his first investment being in Northeast Airlines.

2. In 2011, Bridgewater Associates became the largest hedge fund in the world, managing about $122 billion in assets.

3. Dalio’s book “Principles: Life & Work” has been translated into multiple languages and has sold millions of copies worldwide.

4. He has signed The Giving Pledge, committing to donate more than half of his wealth to philanthropic causes during his lifetime.

5. Ray Dalio practices Transcendental Meditation and attributes much of his success to this practice.

5 Most Interesting Quotes from Ray Dalio

1. “Pain plus reflection equals progress.”

2. “He who lives by the crystal ball will eat shattered glass.”

3. “If you work hard and creatively, you can have just about anything you want, but not everything you want.”

4. “Listening to uninformed people is worse than having no answers at all.”

5. “The best advice I can give you is to ask yourself what you want, and then ask yourself what is true—and then ask yourself what you should do to achieve what you want in light of what is true.”

Highest Net Worth Achieved

Ray Dalio’s highest net worth is estimated to be approximately $20 billion.

Children

Ray Dalio has four children: Devon Dalio, Paul Dalio, Matthew Dalio, and Mark Dalio. Tragically, his eldest son, Devon Dalio, passed away in a car accident in December 2020.

Relevant Links

1. [Ray Dalio – Wikipedia](https://en.wikipedia.org/wiki/Ray_Dalio

2. [Bridgewater Associates](https://www.bridgewater.com/

3. [Principles by Ray Dalio](https://www.principles.com/

4. [Ray Dalio on Forbes](https://www.forbes.com/profile/ray-dalio/

5. [The Giving Pledge – Ray Dalio](https://givingpledge.org/Pledger.aspx?id=168

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