Ray Dalio Bio | Wiki
Ray Dalio is a well-known American billionaire investor and hedge fund manager. He has served as co-chief investment officer of the world’s largest hedge fund, Bridgewater Associates, since 1985. In 1975, he founded Bridgewater in New York. Dalio is regarded as one of the greatest innovators in the finance world. In addition, In 2020 Bloomberg ranked Dalio the world’s 79th-wealthiest person.
Ray Dalio Age
He was born on August 8, 1949, in New York City, United States. Dalio is 73 years old.
Ray Dalio Height
He is a man of average stature. Dalio stands at a height of 5 ft 7 in (Approx 1.7 m).
Ray Dalio Family
He was born to his hardworking parents in New York City, the United States. Dalio is the son of a jazz musician, the late Marino Dalio, and Ann, a homemaker. His father played the clarinet and saxophone at Manhattan jazz clubs such as the Copacabana. He holds an American nationality and is of Italian descent.
When he was 12 years old, he started caddying at The Links Golf Club and caddied for many Wall Street professionals including Wall Street veteran George Leib. George’s son later gave Dalio a summer job at his trading firm. He began investing at age 12 as he bought shares of Northeast Airlines for $300 and tripled his investment after the airline merged with another company.
Ray Dalio Wife
He is happily married to his loving wife Barbara. Barbara is a descendant of sculptor Gertrude Vanderbilt Whitney. Dalio and his wife Barbara have four sons, Devon, Paul, Matthew, and Mark. Their oldest son Devon died in an automobile accident in 2020 at age 42. Paul works as a film director. He suffered from Barrett’s esophagus, a disease if not treated properly can lead to cancer. Dalio enjoys both hunting and fishing.
Ray Dalio Education
Upon graduating with his high school diploma, Dalio enrolled at C.W. Post College. He pursued a bachelor’s degree in Finance ad also continued to buy and sell stocks. He later enrolled at Harvard Business School.
Ray Dalio Books
He has authored several books that include:
- Principles in 2005
- Principles for Navigating Big Debt Crises in 2018
- In 2021, Principles for Dealing with the Changing World Order
Ray Dalio Quotes
As a well-known investor, he uses several quotes including:
- “It’s common for people to allow ego to stand in the way of learning”
- “The happiest people discover their own nature and match their life to it”
- “Listening to uninformed people is worse than having no answers at all”
- “Progress is made by pain and reflection”
- “It’s more important to do big things well than to do the small things perfectly”
- “Unattainable goals appeal to heroes”
Ray Dalio Principles
On September 19, 2017, Dalio published his book, Principles. In the book, he shares his approach to life and management. He first published a shorter version of Principles online in 2011, which received over three million downloads. Additionally, the book has 592 pages published by Simon & Schuster.
Ray Dalio House
Dalio lives with his wife Barbara, a descendant of sculptor Gertrude Vanderbilt Whitney, in Greenwich. The house sits on a 5,500 sq. foot estate in a gated section.
Ray Dalio Investor
He worked as a clerk on the New York Stock Exchange after graduating from C.W. Post College. During his time, he witnessed Nixon’s decision to take the United States off of the gold standard. This led to inflation that caused, stock prices on the exchange to rise, on average, 33% the following day. During his first summer at Harvard, he created the company that later became Bridgewater Associates along with his friends.
The company began as a small entity, and its goal was to trade commodities. After graduating from Harvard, he relocated with his wife to Wilton and worked on the floor of the New York Stock Exchange. Also, he traded commodity futures. Later, he became the Director of Commodities at Dominick & Dominick LLC. Dalio became a futures trader and broker at Shearson Hayden Stone in 1974. He had aggressive behavior and was let go from his job at Shearson Hayden Stone.
He later founded Bridgewater Associates out of his two-bedroom New York City apartment in 1975. The firm began as a wealth advisory firm, in which capacity it served numerous corporate clients. Further, in 2005, it had become the world’s largest hedge fund. On January 21, 2022, Forbes estimated his net worth at $20 billion ranking him 88th on their billionaire’s list. In addition, Bloomberg News reported Dalio’s net worth as $15.7 billion and ranked him the world’s 123rd-richest person according to their rankings.
Ray Dalio net Worth
He has attained a decent fortune working as a billionaire investor and hedge fund manager and founder of Bridgewater Associates, since 1985. Dalio’s net worth is $19.1 Billion.
Who Is Ray Dalio
Dalio is a well-known American billionaire investor and hedge fund manager. He has served as co-chief investment officer of the world’s largest hedge fund, Bridgewater Associates, since 1985. In 1975, he founded Bridgewater in New York. Dalio is regarded as one of the greatest innovators in the finance world. In addition, In 2020 Bloomberg ranked Dalio the world’s 79th-wealthiest person.
Is Ray Dalio Married
He is happily married to his loving wife Barbara. Barbara is a descendant of sculptor Gertrude Vanderbilt Whitney. Dalio and his wife Barbara have four sons, Devon, Paul, Matthew, and Mark. Their oldest son Devon died in an automobile accident in 2020 at age 42.
How Much Is Ray Dalio Worth
Dalio is worth $19.1 Billion attained from working as a billionaire investor and hedge fund manager and founder of Bridgewater Associates, since 1985. In 2020 Bloomberg ranked Dalio the world’s 79th-wealthiest person.
Dalio’s Social Media Platforms
Twitter – @RayDalio
Instagram – @raydalio