76-year-old Dalio Starts a New Chapter in His Career: Completely Withdraws from Bridgewater Associates to Personally Oversee Family Office Investments

Jin10 reported on September 17 that Ray Dalio, founder of Bridgewater Associates, has taken over the investment management work of his family office. At the same time, he has completed a long-anticipated plan to exit the hedging fund that generated billions of dollars in wealth for him. The 76-year-old Dalio has recently severed his last ties with Bridgewater Associates, marking the beginning of a new chapter in his career. This former commodities trader founded Bridgewater Associates in 1975 in a two-bedroom apartment in New York, transforming it into the largest hedging fund in the world. Dalio's family office recently issued a recruitment notice, planning to hire investment personnel for a 'small' global macro team that will work 'closely' with the American billionaire; the team strategy will continue the ideas that Dalio had during his time at Bridgewater Associates, and this recruitment will further expand the rapidly growing workforce he has built over the past decade.