Founder, Co-Chairman and Co-CIO, Bridgewater Associates
Author, New York Times Best-Selling Book, “Principles: Life & Work”
Ray Dalio is the founder, co-chief investment officer and co-chairman of Bridgewater Associates, a global leader in institutional portfolio management and the largest and most successful hedge fund in the world.
Ray started Bridgewater out of his two-bedroom apartment in New York in 1975 and under his guidance, the firm has grown into the fifth most important company in the U.S., according to Fortune Magazine, and has led it to make more money for clients than any other hedge fund since its inception, according to LCH Investments.
He is also the author of The New York Times #1 Bestseller “Principles,” which outlines his principles for work and life, the foundation of Bridgewater’s distinctive culture that strives to create “meaningful work and meaningful relationships through radical truth and radical transparency.” Ray attributes Bridgewater’s and his own personal success to the firm’s culture. In addition to “Principles,” last year Ray and Bridgewater published “Principles for Navigating Big Debt Crises,” the first public dissemination of their research on these economic events, which enabled them to anticipate the 2008 Global Financial Crisis. Ray’s third book “Principles for Success,” which distills his 600-page bestseller into an engaging and easy-to-read illustrated novel for those of all ages, was released in November 2019.
Ray graduated with a Bachelor of Science in finance from C.W. Post College in 1971 and holds a Master of Business Administration degree from Harvard Business School circa 1973. He has been married to his wife, Barbara, for more than 40 years and has four grown sons. He is an active philanthropist with a special interest in ocean exploration, microfinance and equal educational opportunities for underprivileged youth.