Ray Dalio (born August 1, 1949) is an American businessman and founder of the investment firm Bridgewater Associates. In 2012, Dalio appeared on the annual Time 100 list of the 100 most influential people in the world. In 2011 and 2012 he was listed by Bloomberg Markets as one of the 50 Most Influential people. Institutional Investor’s Alpha ranked him No. 2 on their 2012 Rich List.
Early life and education 
Dalio was born in Jackson Heights, Queens, New York, United States. The son of a jazz musician, 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.
After completing his education, Dalio worked on the floor of the New York Stock Exchange and invested in commodity futures. He later worked as the Director of Commodities at Dominick & Dominick LLC. In 1974, he became a futures trader and broker at Shearson Hayden Stone. In 1975, he founded the Westport, Connecticut based investment management firm, Bridgewater Associates. As of January 2012, the company is the largest hedge fund in the world with nearly $120 billion under management.
Ray Dalio has written a company manual called "Principles" to share his life and business management principles with his employees.
Dalio is a practitioner of the Transcendental Meditation technique and resides with his wife in Greenwich, CT. According to Forbes he is the 44th richest person in America and the 88th richest person in the world with a net worth of $10 billion as of March 2012. Dalio has been labeled the Steve Jobs of investing.
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- Hedge Fund Titans’ Pay Stretching to 10 Figures April 15, 2013 New York Times
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- "Pursuing Self-Interest in Harmony With the Laws of the Universe and Contributing to Evolution is Universally Rewarded" Kevin Roose, April 10, 2011, New York Magazine
- "Radical Transparency" 2010, Leaders Magazine. Volume 33, Number 3
- Dalio, Ray (2011). "Ray Dalio’s Principles".
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- Weizel, Richard. "Eight County Billionaires Make Forbes Richest List". The Norwalk Daily Voice. Retrieved 13 July 2012.
- Ray Dalio Forbes profile page Forbes.com. Retrieved January 2012.
- Mason, Melvin. "Greenwich Home to Billionaires on Forbes List". The Greenwich Daily Voice. Retrieved 26 July 2012.
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- "Most Influential 50 People in Global Finance" Bloomberg Markets Magazine, September 7, 2011
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- "In Punishing Year for Hedge Funds, Biggest One Thrived" New York Times, Dealbook, January 26, 2012
- "Ray-man running hedge fund in his own image" Financial Times, March 2, 2012
- "Ray Dalio Quotations"