Ray Dalio and his wife signed Warren Buffett's Giving Pledge in 2011

That means Dalio and his wife, Barbara Dalio, committed to donating at least half of their net worth by the time they die. The couple also founded Dalio Philanthropies in 2003, with their main causes including advancing education and investing in ocean protection and research.

Hear how Ray Dalio spends his time since he retired

Dalio emphasizes finding meaningful relationships, both in work and in life. After officially retiring from his hedge fund, Dalio says he spends his time learning, reading, and trying to mentor younger generations.

Ray Dalio grew up in New York City, and his dad was a jazz musician

Dalio grew up in the Jackson Heights neighborhood in Queens—though his family moved to the city's suburbs when he was eight-years-old. His father played music in famous Manhattan nightclubs like the Copacabana, while his mother stayed home.

Famed investor Ray Dalio and his wife, Barbara Dalio, have donated money to help fund new investment accounts for US children called 'Trump Accounts.'

The Dalios have committed $250 per child to 300,000 children under 10 years old in Connecticut who live in ZIP codes where the median income is less than $150K—an expected total of at least $75M. The money is designated for "Trump Accounts," or investment accounts with $1K provided to children to put towards education or starting a small business.

Ray Dalio officially left Bridgewater Associates in late 2025

In 2017, Ray Dalio began a multiyear transition out of his leadership role at his company. He officially left his role as cochief investment officer and ended his tenure as the board chair in 2022 at 72 years old. How much Dalio made in the selloff of his Bridgewater equity in November 2025 isn't publicly known, but Forbes estimated his net worth to be $15.4B as of early 2026.

Time magazine named Ray Dalio one of the 100 most influential people in 2012

Dalio's profile, written by former Federal Reserve Chairman Paul Volcker, praised Dalio for his investment strategy and his deep understanding of economics, if unorthodox at times. Volcker particularly appreciated Dalio's support for the Federal Reserve's handling of the 2008 financial crisis. Dalio and Volcker were longtime friends—Dalio has referred to Volcker as "the most principled man" he knows.

Explore Ray Dalio's real-time wealth ranking and net worth

Dalio's profile in Forbes tracks his net worth, wealth history, and global wealth ranking. As of early 2026, Dalio is in the top 200 richest people in the world.

Watch Ray Dalio's TED Talk on building an 'idea meritocracy'

In 2017, Dalio gave a TED Talk called "How to Build a Company Where the Best Ideas Win," which largely focused on Bridgewater's highly documented company culture and leadership principles. Dalio's TED Talk focused on one of his most well-known principles, "radical transparency," as a way to create an idea meritocracy.

Read Ray Dalio's reflection on his son's death

One of Dalio's sons, Devon Dalio, died in a car crash in December 2020. In a LinkedIn post, Dalio said Devon's death triggered an enormous amount of pain and reflection.

Hear Ray Dalio talk about the growth of the Chinese economy

Dalio was an early advocate of US investment in China. While he has previously criticized the authoritarian regime, his criticism of the government has been labeled mild relative to his praise for economic growth and innovation—critics argue that he has minimized human rights violations in the country.

Ray Dalio started his career as a golf caddy in Long Island

When Dalio was 12 years old, he worked as a golf caddy at the Links Golf Club. That's where he heard about the stock market for the first time and decided to invest in Northeast Airlines—the only stock he knew that was selling for less than $5 a share. Dalio ended up tripling his profit and became fascinated with the stock market—ultimately laying the foundation for his legendary career as a hedge fund manager.

Ray Dalio allegedly punched one of his early bosses

Before founding his hedge fund, Dalio traded commodities and futures. In 1974, Dalio allegedly punched one of his departmental bosses, causing him to lose his job at Shearson Hayden Stone. He founded Bridgewater Associates the following year. (Some users may experience a paywall.)

Listen to why Ray Dalio seeks out disagreement

One of Ray Dalio's principles is to constantly be challenged by smart people. He says thoughtful disagreement is key to becoming smarter and making better, more thorough decisions.

Bill of Rights Day is commemorated annually in the United States on Dec. 15

The date marks the 1791 ratification of the first 10 amendments. President Franklin D. Roosevelt officially established Bill of Rights Day in 1941, on the document's 150th anniversary. Hear the speech he gave on that day.

Ray Dalio credits much of his success to his transcendental meditation practice

Dalio took up transcendental meditation after learning that The Beatles practiced it on a trip to India in 1968. He says the practice allows him to clear his mind, be more creative, and unlock his subconscious.

Hear history nerd Ray Dalio talk about making decisions during times of uncertainty

For Dalio, history is the best teacher. Dalio emphasizes relying on and respecting the past as a framework for the future, so that during unsettling times, people still make good decisions.

Listen to Ray Dalio break down his most valuable principles in life and work

Dalio's now-famous principles started out as a collection of rules the finance behemoth set for himself. Since then, the list has expanded, becoming required reading for all Bridgewater Associates employees. In 2017, Dalio published an expanded version of these rules called "Principles: Life & Work," which has sold more than 5 million copies worldwide.

Hear Ray Dalio's principles for navigating a changing world order

Dalio argues that there aren't new events in history, per se, and that people are taken by surprise by events because they just haven't happened in their lifetimes—not because they are actually novel.

Watch Ray Dalio break down his 'holy grail' investment strategy

As a hedge fund manager, Dalio's investment strategy relies on insulating investments from economic downturns. To do this, Dalio attempts to diversify investments as much as possible while considering the correlation between industries and markets.

The culture Ray Dalio created at Bridgewater Associates is often criticized

Despite large returns, former employees report meticulous logs of mistakes, intense public questioning of junior-level staffers, recordings of all meetings being made available to all employees, and highly confrontational meetings—many of which are attributed to the book of more than 100 principles Dalio gives each employee. (Some users may experience a paywall)

Ray Dalio considers betting against the US debt load in 1982 among his biggest failures

In the early days of his hedge fund, Bridgewater Associates, Ray Dalio calculated that the US had accumulated more debt than it was possible to repay. He took short positions in the market that backfired when the Federal Reserve cut interest rates and avoided a global economic collapse. Dalio lost everything and even had to borrow $4K from his dad—but often describes this experience as one of the most pivotal moments in his career.

Ray Dalio has argued that American capitalism is broken, citing economic factors like a growing wealth divide

Dalio also points to stalling income growth, weak healthcare systems, and poor educational outcomes when arguing that American capitalism needs serious reform. However, critics point out that Dalio has amassed a large fortune by running the world's largest hedge fund and question whether Dalio really wants economic reform.

Dalí partnered with Hallmark to design surreal Christmas cards

Dalí pursued commercial work throughout his career. In 1948, Hallmark released a set of Christmas cards designed by the artist. A decade later, he created images for additional holidays, including Valentine's Day, Easter, and Mother's Day.

Why Ray Dalio thinks the US deficit is a political problem

Dalio frequently argues that debt cycles are inevitable and a tradition of every empire. However, he said in 2025 that the US was headed for a debt crisis. Dalio says that while Republicans and Democrats agree on the math of the debt crisis, all politicians make promises to neither increase taxes nor cut government benefits—which Dalio says can't close the deficit.

Double rainbow appears in New York City on 9/11 anniversary

On the evening of the 9/11 anniversary in 2023, a double rainbow appeared after a thunderstorm across Manhattan, providing inspiration 22 years after the terrorist attacks there. Peruse several amateur images taken of the phenomenon which were shared on social media, including shots from up high in condos overlooking Central Park and from across the Hudson River in New Jersey.

Despite being a 'C' student in high school, Ray Dalio got his MBA from Harvard

Ray Dalio frequently says he was a poor student in high school and barely got into college. However, Dalio has said that he succeeded in college because he got to pick classes that interested him, like finance and economics. Dalio went on to earn his Master's in Business Administration from Harvard University in 1973.

In 2017, Yale renamed one of its colleges to honor Grace Hopper

Founded in 1933, the Calhoun College—one of Yale's 12 undergraduate residential colleges—was renamed to Grace Hopper College in honor of the woman who earned a master's degree and PhD in mathematics from the university in the 1930s. The change was also made to distance the school from white supremacist John C. Calhoun.

Revisiting the milieu of the Greenwich Village music scene

Few neighborhoods of the world stand out as more productive of a robust music scene than New York City's Greenwich Village, the bohemian launchpad of Joan Baez, Bob Dylan, and other folk artists of the 1960s and '70s. Expert David Browne discusses why it became so significant in this episode of "Sound Opinions."

Learn more about Ray Dalio's formula for progress

Across interviews and in his books, Dalio often emphasizes the importance of learning as much as possible to avoid making bad decisions. However, Dalio also often speaks about failure being a great teacher. One of his core principles is "Pain + Reflection \= Progress."

Salvador Dalí and Coco Chanel bonded over art and fashion

In the late 1930s, Chanel hosted the eccentric artist to like and work in her home. Despite their differing styles, the two icons collaborated, and Chanel even inspired Dalí to mimic her perfume in his artwork.

Why a Nobel Prize winner was awarded 30 years of free beer

Niels Bohr, the Danish physicist who won the Nobel Prize for Physics in 1922, moved into the Carlsberg Honorary Residence in 1932 and was entitled to free delivery of Carlsberg beer for as long as he lived there. He did so until he died in 1962.

The solar noon clock outside Rhodes Hall at Cornell is named after Bill Nye

In addition to displaying the analog time, the clock's face features an indicator disc that illuminates, even on cloudy days, whenever the sun reaches its highest point in the sky. Nye developed the initial apparatus designs, which were later co-engineered and built by Cornell staff and students.

Years before the 1969 Stonewall Uprising, patrons at another New York bar staged a protest against an antigay liquor law.

The origins of World Laughter Day

Every first Sunday of May worldwide, World Laughter Day is observed, where people gather in public places and laugh. Dr. Madan Kataria developed the ritual based on the facial feedback hypothesis, which posits our facial expressions can affect our mood. The day, first started in 1998 in India, has grown exponentially in recent years. Meet the chortler-in-chief here.

See Salvador Dalí's art at MoMA

The Museum of Modern Art in New York City hosts some of Dalí's most recognizable works, including "The Persistence of Memory," pictured below, and its famous melting clocks. MoMA acquired the painting in 1934, after it became a sensation in 1932.

When police raided New York's Stonewall Inn, a well-known gay bar, in 1969, patrons resisted, leading to 6 nights of protests that would eventually inspire modern Pride celebrations.

Dylan was born Robert Zimmerman

The name change was just one facet of his self-created myth. From the moment he arrived in Greenwich Village’s folk scene, he was crafting tall tales about his life, including a claim that he'd spent the previous six years working for a carnival.

Connecticut recently became the first state to create and launch a baby bond program, a government-funded savings or investment account that is seeded when a child is born.

'The Fund' exposed culture problems and scandals at Bridgewater Associates

In 2023, Rob Copeland—who covered Bridgewater Associates for The Wall Street Journal for 10 years before moving to The New York Times—wrote a book that drew from interviews, company documents, and meeting recordings. "The Fund" highlighted sexual harassment scandals, a company contract to hire strippers, and a toxic company culture. Dalio has criticized the author for being sensational and a gossip.