Is Ray Dalio Italian?

Is Ray Dalio Italian?

He is the son of a jazz musician, Marino Dallolio (1911–2002), who “played the clarinet and saxophone at Manhattan jazz clubs such as the Copacabana,” and Ann, a homemaker. As a child, Dalio had various odd jobs, including mowing lawns, shoveling snow, and a paper route. He is of Italian descent.

How did Ray Dalio get so rich?

In 1975, Dalio founded the investment management firm, Bridgewater Associates, which forty years later, became the largest hedge fund in the world, with $160 billion in assets under management. His estimated net worth is $18 billion.

Who is the biggest hedge fund in the world?

The world’s biggest hedge fund by a mile is Ray Dalio’s Bridgewater Associates. At the time of this ranking, Bridgewater managed over $126 billion in assets for clients as wide ranging as university endowment funds, charities, and foreign country’s central banks.

Who owns Bridgewater capital?

Ray Dalio is the founder of the world’s biggest hedge fund firm, Bridgewater Associates, which manages $150 billion.

Does Ray Dalio have a degree?

Ray graduated with a BS in Finance from C.W. Post College in 1971 and earned an MBA degree from Harvard Business School in 1973. He has been married to his wife, Barbara, for more than 40 years and has three grown sons and five grandchildren.

What means hedge fund?

A hedge fund is a limited partnership of private investors whose money is managed by professional fund managers who use a wide range of strategies, including leveraging or trading of non-traditional assets, to earn above-average investment returns.