Ray Dalio Net Worth : $15.4 billion USD
Ray Dalio is a very successful business tycoon. Ray Dalio Net Worth is $15.4 billion USD.
Quick Points About Ray Dalio :
|Full Name||Ray Dalio|
|Date of Birth||August 1, 1949|
|Place of Birth||Jackson Heights, Queens, New York, United States|
|Achievements||69th most powerful person on earth (Forbes ’15 listing)|
Born on 8th August, 1949 Ray Dalio is an American business tycoon and founder of Bridgewater Associates. This is a prominent and well furnishing trading- investment firm. Ray featured in the annual list by Time 100 of the ‘hundred most powerful people on earth.’ In the ‘Richest People of 2012’ list of Institutional Investor’s Alpha, Ray was ranked 2nd. Forbes magazine, on October 2014, declared Ray as the 30th richest mortal of America and 69th richest of the world. The Forbes magazine estimated Ray Dalio Net Worth to be $ 15.2 billion USD.
Ray was born in Jackson Heights, Queens, New York, United States to a basic jazz musician. Ray first got into investment when he was just twelve. Still twelve, Ray tripled his investment of $300 after his stock investment Northeast Airlines combined with another enterprise. Ray received his Bachelor’s degree from the Long Island University and completed his MBA from the Harvard School of Business.
After getting his Master’s degree Ray worked in New York Stock Exchange and vested investments in commodity futures. Subsequently Dominick & Dominick LLC hired him as the Director of Commodities. Later in 1974 was Ray hired as a broker and futures trader by Shearson Hayden Stone. In 1975 Ray laid the foundation of Bridgewater Associates. The investment firm was based in the coastal town of Westport, Connecticut. In 2012 Bridgewater Associates was named the ‘largest hedge fund on earth.’ On October 2014 the net worth of his association was estimated to be above $ USD 160 billion.
In 2007 Ray predicted the ‘global financial crisis’. In 2008 he published an essay named “How the Economic Machine Works; A Template for Understanding What is Happening Now”. The essay explained his self explained model for economic slump. In 2011, Ray published ‘Principles’- a 123 paged volume outlining his own philosophy on corporate management and market investment.