Ray Dalio Investor Bio Wiki Age Height Wife Books and Net Worth

Ray Dalio is a well-known American billionaire investor and hedge fund manager. He has served as co-chief investment officer of the world’s largest hedge fund, Bridgewater Associates, since 1985. In 1975, he founded Bridgewater in New York. Dalio is regarded as one of the greatest innovators in the finance world. In addition, In 2020 Bloomberg ranked Dalio the world’s 79th-wealthiest person.

He was born on August 8, 1949, in New York City,United States. Dalio is73 years old.

He is a man of average stature. Dalio stands at a height of5 ft 7 in(Approx 1.7 m).

He was born to his hardworking parents in New York City, the United States. Dalio is the son of a jazz musician, the lateMarino Dalio, andAnn, a homemaker. His father played the clarinet and saxophone at Manhattan jazz clubs such as the Copacabana. He holds an American nationality and is of Italian descent.

When he was 12 years old, he started caddying at The Links Golf Club and caddied for many Wall Street professionals including Wall Street veteran George Leib. George’s son later gave Dalio a summer job at his trading firm. He began investing at age 12 as he bought shares of Northeast Airlines for $300 and tripled his investment after the airline merged with another company.

He is happily married to his loving wifeBarbara. Barbara is a descendant of sculptor Gertrude Vanderbilt Whitney. Dalio and his wife Barbara have four sons,Devon, Paul, Matthew,andMark. Their oldest son Devon died in an automobile accident in 2020 at age 42. Paul works as a film director. He suffered from Barrett’s esophagus, a disease if not treated properly can lead to cancer. Dalio enjoys both hunting and fishing.

Upon graduating with his high school diploma, Dalio enrolled at C.W. Post College. He pursued a bachelor’s degree in Finance ad also continued to buy and sell stocks. He later enrolled at Harvard Business School.

He has authored several books that include:

As a well-known investor, he uses several quotes including:

On September 19, 2017, Dalio published his book, Principles. In the book, he shares his approach to life and management. He first published a shorter version of Principles online in 2011, which received over three million downloads. Additionally, the book has 592 pages published by Simon & Schuster.

Dalio lives with his wife Barbara, a descendant of sculptor Gertrude Vanderbilt Whitney, in Greenwich. The house sits on a 5,500 sq. foot estate in a gated section.

He worked as a clerk on the New York Stock Exchange after graduating from C.W. Post College. During his time, he witnessed Nixon’s decision to take the United States off of the gold standard. This led to inflation that caused, stock prices on the exchange to rise, on average, 33% the following day. During his first summer at Harvard, he created the company that later became Bridgewater Associates along with his friends.

The company began as a small entity, and its goal was to trade commodities. After graduating from Harvard, he relocated with his wife to Wilton and worked on the floor of the New York Stock Exchange. Also, he traded commodity futures. Later, he became the Director of Commodities at Dominick & Dominick LLC. Dalio became a futures trader and broker at Shearson Hayden Stone in 1974. He had aggressive behavior and was let go from his job at Shearson Hayden Stone.

He later founded Bridgewater Associates out of his two-bedroom New York City apartment in 1975. The firm began as a wealth advisory firm, in which capacity it served numerous corporate clients. Further, in 2005, it had become the world’s largest hedge fund. On January 21, 2022, Forbes estimated his net worth at $20 billion ranking him 88th on their billionaire’s list. In addition, Bloomberg News reported Dalio’s net worth as $15.7 billion and ranked him the world’s 123rd-richest person according to their rankings.

He has attained a decent fortune working as a billionaire investor and hedge fund manager and founder of Bridgewater Associates, since 1985. Dalio’s net worth is$19.1 Billion.

Dalio is a well-known American billionaire investor and hedge fund manager. He has served as co-chief investment officer of the world’s largest hedge fund, Bridgewater Associates, since 1985. In 1975, he founded Bridgewater in New York. Dalio is regarded as one of the greatest innovators in the finance world. In addition, In 2020 Bloomberg ranked Dalio the world’s 79th-wealthiest person.

He is happily married to his loving wifeBarbara. Barbara is a descendant of sculptor Gertrude Vanderbilt Whitney. Dalio and his wife Barbara have four sons,Devon, Paul, Matthew,andMark. Their oldest son Devon died in an automobile accident in 2020 at age 42.

Dalio is worth$19.1 Billionattained from working as a billionaire investor and hedge fund manager and founder of Bridgewater Associates, since 1985. In 2020 Bloomberg ranked Dalio the world’s 79th-wealthiest person.

Twitter – @RayDalio

Instagram – @raydalio