The current Ray Dalio net worth in 2022 is $20 billion.
Dalio grew up middle class in a Long Island New York neighborhood and started investing at the age of 12. Most of his childhood investment ideas and education came from getting tips from golfers whom he caddied for.
He earned an MBA from Harvard Business School in 1975 and launched Bridgewater from his small New York City apartment. Ray Dalio grew Bridgewater Associates grew into one of the world’s largest hedge funds by 2005. As of 2022 his hedge fund has 105 clients with over $223 billion in total assets under management. Ray Dalio is ranked as 36th richest person in the world according to Forbes. Bridgewater’s Pure Alpha strategy has generated approximately 12% annualized returns since its founding in December 1991.
Dalio wants to leave a legacy with his business so he turned it into partnership and gave employees more of a stake in the firm.
Dalio has donated approximately $1 billion to charity over his career. His Dalio Foundation has also supported microfinance and inner-city education.
He published a book that shares what he learned on his journey to success: Principles: Life and Work.