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Ray Dalio is the founder of the world's biggest hedge fund firm, Bridgewater Associates, which now manages $92 billion. Dalio stepped down as CEO in 2017, retired as co-CIO in 2022 and sold off... Today, Ray Dalio is known as the billionaire founder of Bridgewater Associates, the world’s largest hedge fund, managing over $160 billion in assets. His investment philosophy, known as "Principles", has shaped modern finance, and his insights are followed by investors, CEOs, and world leaders alike. Raymond Thomas Dalio is an American billionaire hedge fund manager and philanthropist. Better known as Ray Dalio , he founded the investment management fund Bridgewater Associates in 1975. Dalio ’s tryst with the world of investment started when he, as a 12-year-old, bought shares worth $300 of the Northeast Arline, an investment that tripled after a merger. After completing his MBA from the Harvard Business School, Dalio worked in New York’s Wall Street. Eventually, choosing to make it on ... Ray Dalio sees a vast American underclass increasingly dependent on the top 1% The billionaire hedge fund manager says that U.S. economic strength now rests on high-productivity workers, with the ...