People

Ray Dalio

Ray Dalio

Formal First Name
Raymond (Ray)
Dates
1949 - present
Location

Ray Dalio is the Founder and CIO Mentor of Bridgewater Associates, a global leader in institutional portfolio management and the largest hedge fund in the world. A global macro investor for more than 50 years, his investment innovations including risk parity, alpha overlay, and All Weather changed the way global institutions approach investing, earning him several lifetime achievement awards throughout his career. He stepped down as Bridgewater AssociatesCEO in 2017 and retired as co-CIO in 2022, completing a transition that transferred majority control to the hedge fund's board. Dalio is also the #1 New York Times bestselling author of Principles: Life and Work, Principles for Dealing with the Changing World Order, and Principles for Navigating Big Debt Crises. He is an active philanthropist with special interests in ocean exploration and helping to rectify the absence of equal opportunity in education, healthcare, and finance.

Professional Experience


Academic History

BRIDGEWATER ASSOCIATES

  • Dalio started Bridgewater Associates out of his two-bedroom apartment in New York City.

  • He ran Bridgewater for most of its 47 years, building it into the largest hedge fund in the world and the fifth most important private company in the US according to Fortune Magazine

  • He built Bridgewater by introducing new ways of investing that have had significant influences on how investing is now commonly done. 

  • Over the decades, he has been a valued macroeconomic advisor to many policy makers around the world.


RECOGNITION


MEDIA & PUBLICATIONS