Ray Dalio Net Worth

$16 Billion

Last Updated:

Jeff Bezos Net Worth

What is Jeff Bezos' net worth? Jeff Bezos is now...

Eminem Net Worth

What is Eminem's net worth? As of , Eminem's...

Jordan Belfort Net Worth

What is Jordan Belfort's net worth? Introduction Jordan Belfort's net worth...

Cristiano Ronaldo Net Worth

What is Cristiano Ronaldo's net worth? As of ,...

Justin Bieber Net Worth

What is Justin Bieber's net worth? Introduction As of ,...

What is Ray Dalio’s net worth?

Net Worth:$16 Billion
Age:74
Born:January 1, 1949
Gender:Male
Height:1.76 m (5 ft 9 in)
Country of Origin:United States of America
Source of Wealth:Professional Investor
Last Updated:March 8, 2023

Introduction 

Ray Dalio is an American hedge fund manager and philanthropist who has served as co-chief investment officer of Bridgewater Associates since 1985. He founded Bridgewater in 1975 in New York. 

As of April 2023, Ray Dalio’s net worth is estimated to be roughly $16 Billion.

 

Early Life 

Raymond Thomas Dalio was born on the 8th of August, 1949, in New York City. He is the son of a jazz musician, Marino Dallolio and Ann, a homemaker.

Dalio began investing at age 12 when he bought shares of Northeast Airlines for $300 and tripled his investment after the airline merged with another company.

 

Career 

After completing his education, Dalio worked on the floor of the New York Stock Exchange and traded commodity futures. He later worked as the Director of Commodities at Dominick & Dominick LLC. 

In 1975, he founded investment management firm Bridgewater Associates out of his apartment. The firm opened an office in Westport, Connecticut in 1981 and became the world’s largest hedge fund in 2005.

Bridgewater suggested there might be a global financial crisis in 2007, and in 2008 Dalio published ‘How the Economic Machine Works: A Template for Understanding What is Happening Now’,  an essay assessing the potential of various economies by various criteria.

In 2011, he self-published a 123-page volume, ‘Principles’, that outlines his philosophy of investment and corporate management based on a lifetime of observation, analysis, and practical application through his hedge fund.

The following year, Dalio appeared on the annual “Time 100 list of the 100 most influential people in the world”. In 2011 and 2012 Bloomberg Markets listed him as one of the 50 Most Influential people. 

As of April 2023, Ray Dalio’s net worth is $16 Billion.

 

Highlights 

Here are some of the best highlights of Ray Dalio’s career: 

  • Dalio founded Bridgewater Associates (1975)
  • Principles (Autobiography, 2011)
  • Time 100 list of the 100 most influential people in the world (2012) 

 

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 Powerful Lessons From Ray Dalio 

Now that you know all about Ray Dalio’s net worth, and how he achieved success; let’s take a look at some of the lessons we can learn from him:

 

1. Play To Win

One of the unique resources at Bridgewater Associates is a bottom-up model of the American economy. It is the main reason why the hedge fund keeps performing at an excellent rate. From this, we can learn that you should use your effort to excel much more than your competition.

 

2. Create A Diversified Portfolio

Your portfolio should thrive in different environments in the stock market. You are never sure that you will win. Therefore, have a portfolio that will weather any financial storm.

 

3. Invest In What You Know And Understand

No matter which type of appetite you have, Ray says that risk grows from not knowing what you are getting involved in. If you make trades in a sector of the industry that you know little to nothing about, that is highly risky. Thus, invest in things that you know and you will be successful.

 

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 74 years old.
 

How tall is Ray Dalio?

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

Summary

Ray Dalio is an American businessman who is best known for his investment company, Bridgewater Associates. 

In 2012 the company became the largest hedge fund in the world and is now worth over $150 billion in assets under management. 

As of April 2023, Ray Dalio’s net worth is approximately $16 Billion.

What do you think about Ray Dalio’s net worth? Leave a comment below. 

John Mulder
John Mulderhttps://360tsd.com/
John is a professional accountant with a passion for writing. When not helping clients identify tax and financial opportunities, you can find him writing, sailing offshore, or flying a plane. He’s worked and partied with the rich and famous from around the world, getting an inside look at the secretive lifestyles of high-net-worth celebrities.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Trey Anastasio Net Worth

What is Trey Anastasio's net worth?  Introduction  Trey Anastasio is an...

Kirk Hammett Net Worth

As the lead guitarist of Metallica, Kirk Hammett has earned a rockstar’s net worth as one of the greatest metal guitarists of all time.

Andy Samberg Net Worth

What is Andy Samberg's net worth? Introduction  As of ,...

Christian Serratos Net Worth

What is Christian Serratos' net worth?  Introduction  Christian Serratos is an...

Kevin Eubanks Net Worth

What is Kevin Eubanks' net worth?  Introduction    Kevin Eubanks is...

Judd Apatow Net Worth

Judd Apatow earned a fortune from his love of comedy and drama, becoming one of the wealthiest comedians in the world through his production company.

Latest Net Worth Profiles

John Landis Net Worth

John Landis made millions as a director and actor in Hollywood, eventually becoming one of the wealthiest icons in the film world.

Ralf Schumacher Net Worth

German racing driver Ralf Schumacher has earned millions as a Grand Prix champion in Formula One.

Petra Kvitova Net Worth

Czech professional tennis player Petra Kvitova has earned a substantial net worth as one of the world's greatest players to ever compete on the court.

Peter Jackson Net Worth

Best known for directing Lord of the Rings, Peter Jackson is one of the wealthiest and most well-known filmmakers in Hollywood.

Peter Forsberg Net Worth

Former professional hockey player Peter Forsberg earned millions in the NHL as one of the greatest players of all time.

Pete Sampras Net Worth

As a longtime rival of Andre Agassi, Pete Sampras has earned a substantial net worth as one of the world's best former tennis players.

Steve Nash Net Worth

Steve Nash is a former National Basketball Association player, and current coach, who is considered one of the greatest point guards of all time.

Pete Dye Net Worth

Golf course designer Pete Dye was renowned for his architectural skills, and he earned millions by creating some of the best golf courses in the world.

Stefan Edberg Net Worth

Former professional tennis player Stefan Edberg has earned a remarkable fortune as a six-time Grand Slam champion.

Paul Thomas Anderson Net...

American filmmaker Paul Thomas Anderson has earned a substantial net worth for directing hits like Boogie Nights and Magnolia.