Ray Dalio net worth

Ray Dalio net worth

Net Worth: $15 Billion

About Ray Dalio

Ray Dalio net worth

It has been stated that the overall amount of Ray Dalio net worth is as much as 15 billion dollars, as of right now. Ray Dalio has earned his net worth because of his career as a businessman. Ray Dalio became famous when he founded the investment company known as Bridgewater Associates. This company not only made his name famous, but also added up to the total size of Ray Dalio net worth.
In 2012, his name was included in the 100 most influential people in the world by Time magazine. In 2011, he appeared in the list of the 50 Most Influential people by Bloomberg Markets and he made the same list the following year. In 2012, he appeared in the second place on the Rich List made by Institutional Investor’s Alpha. In 2014, Forbes listed him as the 30th wealthiest people in America and the 69th richest people in the whole world.
Ray Dalio was born in 1949 in Jackson Heights, Queens, New York. He was born into a musical family. When he was only 12 years old, he started his career as an investor as at that time he bought shares of Northeast Airlines, which at that time were worth 300 dollars and after the company merged with another one, the worth of those shares increased, as well.

Eventually, this career became one of the main sources of Ray Dalio net worth.
Ray Dalio was studying at Long Island University, where he earned his BA, and later he was studying at Harvard Business School, where he got his MBA degree. One of the first jobs which he got after graduating was as the Director of Commodities at Dominick & Dominick LLC. In 1974 he started to work for the Shearson Hayden Stone as a futures trader and broker.
In 1975 he started the company which made him very famous, that being Bridgewater Associates. In 2012, the company was titled as the largest hedge fund in the world. In 2014 it was stated that the company had more than 160 billion dollars in assets under management. Thus, the company also served as an important source of increasing the overall sum of Ray Dalio net worth.
In 2007, Ray Dalio was also the one who predicted that the global financial crisis was coming. In 2008, he wrote an essay titled “How the Economic Machine Works; A Template for Understanding What is Happening Now”, where he presented a model for the economic crisis.

Now you have an idea why Ray Dalio net worth is this huge

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