Ray Dalio Net worth: $12.5 billion - Join this co

Ray Dalio Net worth: $12.5 billion -

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Ray Dalio (born 1949) is an American businessman and founder of the investment firm Bridgewater Associates. In 2012, Dalio was named in Time 100, an annual list of the 100 most influential people in the world assembled by Time. In both 2011 and 2012 he was included by Bloomberg Markets in its 50 Most Influential ranking.

The king of the rich hedge fund industry, Dalio lords over the world's biggest hedge fund firm, Bridgewater Associates, with about $140 billion in assets. He founded Bridgewater in his Manhattan apartment in 1975. Now at age 63, he is doing all he can to ensure its survival, ceding more responsibility and selling ownership stakes in his firm to his employees and clients. Also on the drawing board: A new $750 million headquarters Dalio is working to build in Stamford, Ct., to accommodate more than 2,000 employees, nearly double the number of people currently working at the firm. His foundation gives money to a wide array of organizations including the Tisch School of the Arts at NYU, the Dalio Talent Identification Fund, the World Community of Christian Meditation and Teach for America.