Ray Dalio Net Worth
Ray Dalio net worth: Ray Dalio is an American businessman who has a net worth of $14 billion dollars. Ray Dalio was born in Jackson Heights, Queens, New York in August 1949. Ray is the son of a jazz musician. He started to invest at the age of 12 buying stocks. He graduated from Long Island University and earned an MBA from Harvard Business School. He then worked at the New York Stock Exchange as well as investing in commodity futures. Dalio worked in the commodities division for Merrill Lynch in 1972. He went on to work at Dominick & Dominick LLC as the Director of Commodities. He joined Shearson Hayden Stone in 1975 as a futures trader and broker. He started Bridgewater Associates in 1975 in Westport, Connecticut. In 2012 the company became the largest hedge fund in the world and is now worth over $150 billion in assets under management. Roy predicted the global financial crisis in 2007. The next year he published an essay on his philosophies. He started making videos for You Tube in 2013 to share economic theories and investment secrets. Roy is married and has four children.
Net Worth details: Ray Dalio owns 79 percent of Bridgewater Associates Intermediate Holdings. The company administers about $1590 billion worth of assets and is valued at just under $11 billion. From 2010 to 2015 Dalio earned at least $7.7 billion in profit from Bridgewater, and he also earned $1.44 billion from 2005 to 2009. He has also donated more than $1 billion to his Dalio Foundation.