DossierBusinessUnited StatesUpdated October 14, 2026
Ray Dalio
Ray Dalio is an American investor and the founder of Bridgewater Associates, a hedge fund he started in 1975. Bridgewater Associates grew into one of the world's largest hedge funds, managing nearly $160 billion as of 2017. In the early 1980s he consulted for McDonald's on commodity-price risk related to Chicken McNuggets pricing. He authored a set of management guidelines known as 'Principles' that were used at Bridgewater Associates. He has publicly commented on economic and political risks, including US debt pressures and China's AI development strategy.
- Country
- United States
- Field
- Business
- Leaning
- Not assessed
- Fact checks
- 1
Fact checks
Record
Controversy · September 1, 2023
Criticism of management culture
A book and public commentary criticised Dalio's management culture and his 'Principles' at Bridgewater Associates. [1]
Affiliations
Bridgewater Associates
Bridgewater Associates is a hedge fund Dalio founded in 1975 in his two-bedroom New York apartment; it became one of the world's largest hedge funds. [2]
Sources
Profiles are compiled from public reporting and updated as new information appears.
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