What is Ray Dalio’s net worth?

Ray Dalio’s net worth was roughly $16 billion as of November 2022.

Ray Dalio is a billionaire hedge fund manager and philanthropist from the United States. He is best known for serving as the co-chief investment officer of “Bridgewater Associates,” the world’s largest hedge fund, since 1985. Dalio started the billion-dollar company in 1975, and it received a US$5 million investment from the World Bank’s fund within ten years.

With his billion-dollar fortune, he projected himself as the 79th wealthiest person in the world by 2022, despite his 73-year life span. He has formerly held positions at the New York Stock Exchange, Dominick & Dominick LLC, and Shearson Hayden Stone.

He is also a published author, with his book “Principles: Life & Work” making the New York Times best-seller list in 2017. Ray Dalio has participated in a number of philanthropic endeavors, including the Warren Buffett and Bill Gates vow to donate more than half of his money to charity foundations over his lifetime.

Dalio is very active on social media, with over 565k Instagram followers (@raydalio) and over 556k Twitter followers (@RayDalio).

Ray Dalio’s Net Worth:

Ray Dalio has successful career as a hedge fund manager, Ray Dalio has amassed a sizable fortune. Dalio began his career at the New York Stock Exchange, where he sold commodity futures, and has since risen to become one of the world’s wealthiest people, amassing a billion dollar fortune over the course of his decade-long career.

Dalio has amassed a fortune of over $16 billion as the creator of the world’s largest hedge fund firm, Bridgewater Associates, which oversees around $140 billion. This places him as the 69th richest person in the planet and 26th on the Forbes 400 list.

Dalio is said to have made $1.1 billion in 2014, which includes a share of his firm’s management and performance fees, cash remuneration, and stock and option awards, with an average daily salary of $5.5 million. He has also donated more than $850 million to philanthropic causes and offered $100 million to support Connecticut public schools. His philanthropic efforts, as well as his commercial activity, has garnered him money, fame, and recognition all at the same time.

What is Ray Dalio Famous for?

• Famous as a billionaire hedge fund manager.
• Known as the co-chief investment officer of the world’s largest hedge fund, “Bridgewater Associates”.

Where was Ray Dalio Born?

Ray Dalio was born in the United States on August 8, 1949, in New York City. Raymond Thomas Dalio is his given name. He is an American citizen. Dalio is of White ancestry and Italian heritage, and his zodiac sign is Leo.

Ray Dalio was born in the New York City neighborhood of Jackson Heights, the son of Marino Dallolio (father) and Ann Dallolio (mother) (mother). Marino, his father, was a jazz musician who played clarinet and saxophone in Manhattan jazz clubs such as Copacabana, while Ann, his mother, was a stay-at-home mom.

Dalio was born into a musical family but chose to follow his own path to become a businessman. He began investing at the age of 12 when he purchased $300 worth of Northeast Airlines stock and was astounded when his investment was tripled when the airline merged with another. Since then, he has made it his goal to work in the same industry and make a million dollars.

He attended Long Island University (C.W. Post College) and earned a bachelor’s degree in finance before going on to Harvard Business School and getting an M.B.A. in 1973.

Ray Dalio’s Career Highlights:

• Ray Dalio started his professional career initially working on the floor of the New York Stock Exchange and traded commodity futures.
• He then worked as the Director of Commodities at Dominick & Dominick LLC.
• He eventually became a futures trader and broker at Shearson Hayden Stone in 1974.
• A year later, he founded investment management firm Bridgewater Associates out of his apartment in 1975. 6 years later, its office was opened in Westport, Connecticut in 1981, eventually becoming the world’s largest hedge fund in 2005.
• Dalio served as the co-CEO of the firm for ten months but left the position in March 2017.
• In 2008, Dalio published an essay related to the potential of various economies, “How the Economic Machine Works: A Template for Understanding What is Happening Now”.
• In 2011, he self-published a 123-page volume related to his philosophy of investment, “Principles”.
• He was enlisted in the Time 100 list of the 100 most influential people in the world in 2012.
• He is also the author of the 2017 book, “Principles: Life & Work”, about corporate management and investment philosophy which was even featured on The New York Times bestseller list.
• Ray Dalio shared his economic theories and investment secrets on YouTube through a 30-minute video titled “How the Economic Machine Works” in 2013.
• He is also the founder of “The Dalio Foundation” which has supported the 2018 launch of TED’s Audacious Project. Through the foundation, he has directed millions of dollars in donations to the David Lynch Foundation, an organization that sponsors and promotes research on Transcendental Meditation.

Awards:

• Received the Golden Plate Award of the American Academy of Achievement
• Enlisted among the 13 Best Business Books of 2017

About  Wife of Ray Dalio

Ray Dalio is married to Barbara Dalio, his only wife. Ray married Barbara Vanderbilt Whitney, an American descendant of sculptor Gertrude Vanderbilt Whitney, in 1976. Since then, the pair has shared almost 40 years of marriage and has four sons: Devon, Paul, Matthew, and Mark.

Devon Dalio, born in 1978, died in a car accident at the age of 42, whereas Paul Dalio, his second son, is a film director. Mark, the youngest, is a wildlife videographer and is the founder and chairman of the China Care Foundation.

Ray, his wife, and his grandchildren are living the high life. Besides, he had Barrett’s esophagus at the time.

Ray Dalio’s Height:

Ray Dalio is a good-looking man in his 70s with a well-kept average body physique. With a height of 5ft. 7inches (1.76m) and a body weight of 85kg, he is a tall man. His body measurements are 35-34-35 inches, and he wears a shoe size of 8 (US). His complexion is fair, and he has blonde hair and dark brown eyes.

Favorite Quotes From Ray Dalio

“Time is like a river that carries us forward into encounters with reality that require us to make decisions. We can’t stop our movement down this river and we can’t avoid those encounters. We can only approach them in the best possible way.” – Ray Dalio

“Every time you confront something painful, you are at a potentially important juncture in your life – you have the opportunity to choose healthy and painful truth or unhealthy but comfortable delusion.” – Ray Dalio

“Remember that most people are happiest when they are improving and doing the things that suit them naturally and help them advance. So learning about your people’s weaknesses is just as valuable (for them and you) as is learning their strengths.” – Ray Dalio

“Some people go through life collecting all kinds of observations and opinions like pocket lint, instead of just keeping what they need. They have ‘detail anxiety’, worrying about unimportant things.” – Ray Dalio

“Don’t mistake possibilities for probabilities. Anything is possible. It’s the probabilities that matter. Everything must be weighed in terms of its likelihood and prioritization. Believe it or not, your pain will fade and you will have many other opportunities ahead of you.” – Ray Dalio

3 Strong Takeaways From Ray Dalio

Now that you are fully informed regarding Ray Dalio’s net worth and his path to success, let’s look at some of the things we can learn from him.

1. Play To Win

A bottom-up model of the American economy is one of Bridgewater Associates’ special resources. It is the main factor for the hedge fund’s continued stellar performance. This teaches us that you should exert yourself to outperform your competitors.

2. Create A Diversified Portfolio

In various stock market circumstances, your portfolio need to prosper. You can never be certain of winning. Have a portfolio that can therefore withstand any financial turbulence.

3. Invest In What You Know And Understand

No matter what kind of appetite you possess, according to Ray, risk increases when you don’t know what you are getting involved with. It is extremely dangerous to conduct transactions in an industry segment about which you know little to nothing. So, to succeed, invest in what you are familiar with.

Frequently Asked Questions

How much is Ray Dalio worth?

Ray Dalio’s net worth is estimated to be $16 Billion.

How old is Ray Dalio?

Ray Dalio was born on January 1, 1949, and is currently 73 years old.

How tall is Ray Dalio?

Ray Dalio’s height is 1.76 m, which is equal to 5 ft 9 in.

Summary

American entrepreneur Ray Dalio is well known for his investment firm, Bridgewater Associates.

With approximately $150 billion in assets under management as of today, the business has grown to become the biggest hedge fund in the world.

Ray Dalio’s net worth was roughly $16 billion as of November 2022.