Ray Dalio is an American based philanthropist and an eminent hedge fund manager with an estimated net worth of $17 billion as of the present year 2017. He is also known as the founder and owner of the immensely successful Bridgewater Associates which has undeniably scaled the world’s topmost hedge funding associations.
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Biography & Wiki
Ray Dalio was born on the 8th of August 1949 to Marino Dallolio and Ann in Jackson Heights region of Queens in New York. At the tender age of 12, Dalio had stepped into the field of investments and had even bought several Northeast Airlines shares worth $300. With the success, he had got the opportunity of tripling his shares.
Ray Dalio had graduated from Long Island University with a B.A. degree in finance. Later he had enrolled himself in the Harvard Business School from where he had passed with an MBA degree.
Ray Dalio had married Barbara in the year 1976 and are presently residing in the Greenwich area of Connecticut where the duo have been reported to pursue Transcendental Meditation. The couple has been blessed with four handsome sons who have also tread their ways to success and has garnered immense wealth.
After pursuing his graduation, Dalio had employed himself in the New York Stock Exchange where he was allowed to trade future commodities. Henceforth, he had also enrolled into the Dominick and Dominick LLC at the post of Director. In the year 1974, he went on to join Shearson Hayden Stone as a broker and later on founded the Bridgewater Associates in 1975. The company under his reign had escalated immense notches of success and was even declared as the world’s largest investments companies in the year 2012.
Ray Dalio has been appreciated for his political and economic views which have been published in several journals all across the world. In 2011, he had also published a 123 paged documentary on Principles to be followed for a successful business tenure.
In the year 2013, Dalio had even taken to uploading videos on YouTube. His videos consisted of a thirty-minute animations under the title of “How The Economic Machine Works”. The video aired on YouTube was shared globally within a very short span of time and had till date garnered a total of 3.8 million views. The video has also been translated in several. Languages such as Japanese, Russian, Chinese, Spanish, Italian, German and not to forget French.
Awards & Achievements
In 2012, Ray Dalio had even climbed up the list of top 100 people and was published in the yearly Time 100 journal. In 2011 and 2012, he was also announced as the top 50 Most Influential People in the World by the eminent Bloomberg Markets.
On the 2012 Rich List, he was also ranked at No. 2 by the Institutional Investor’s Alpha.
Net Worth of Ray Dalio
Though not a roller coaster, life for Ray Dalio had never been smooth. His initial years were full of struggles. Dalio had switched into a lot of eminent companies and hopped on several posts to reach to the present glorious position which has earned him global recognition and immense fame. With a sky scaling net worth of $17 Billion as of 2017, Ray Dalio has set up a mark which is presently a dream for many people in the world.
Ray Dalio has been an extreme masterpiece of struggle and brilliance and has jostled his way up to the present position. In the present year 2017, Ray Dalio had announced that he would resign from the post of co-CEO of his company Bridgewater Associates after the major setback received in the year 2015 which had resulted in a severe loss.