Ray Dalio, founder of Bridgewater Associates LP, speaks on Wednesday, September 18, 2024, during the Molken Institute Asia Summit in Singapore. The size of the interest reduction of the Federal Reserve This week will not be a player for global investors for global investors, although the risks from China to China continue to deviate to the head for the region from China, according to the region of the region in the region. Photographer: Erz Huiying/Bloomberg via Getty Images
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Ray Dalio, founder of one of the largest hedge funds Bridgewater, unloaded his remaining stocks at the company and underwent his board.
Bridgewater completed the final sale of Dalio's shares and ended his management crossing in 2022, as a person familiar with the matter emerged. Dalio will continue to be an important investor in Bridgewater's strategies and a mentor, the person said.
The billionaire has been selling his equity for years. In order to facilitate the final transition of his property, bridges increased capital from existing investors and employees. Co-Cios Bob Prince and Greg Jensen are two important stock owners, said the person.
“We congratulate Ray-Er will always be our valued founder, is a mentor for many and remains a long-time customer with considerable investments in Bridgewater from Bridgewater,” said Nir Bar Dea, CEO of Bridgewater, and co-chair Mike McGavick in a letter seen by CNBC on July 21 on July 21st. “Ray has always described the transition as 'dream that has become true', and we are happy to make him reality together.”
The Wall Street Journal reported for the first time Dalios pile sales. The founder apparently confirmed the transition in a LinkedIn contribution.
Dalio, who founded Bridgewater in 1975, focused on macrost strategies such as trade currency and fixed income markets based on economic trends. Dalio resigned from Bridgewater in 2017 as Chief Executive Officer.
“I was asked a lot about how I have built in the last 50 years after the start and built how I can bring bridges,” said Dalio in the LinkedIn post. “I am enthusiastic about it because I love it to see bridges living and good without seeing me – even better than alive and good with me.”
Bridgewater made solid profits in the first half of 2025, with the pure Alpha Fund rose 17% and her Weather Fund rose 8%, the person said.