25. Ray dalio

Forbes - - FORBES 400 -

$18.1 bil­lion  Self-made Score: * Source: hedge Funds age: 69 reS­i­dence: green­Wich, ct Phi­lan­throPy score: The founder of the world’s big­gest hedge fund firm is try­ing to make sure his Bridge­wa­ter As­so­ci­ates and its $160 bil­lion in as­sets un­der man­age­ment out­live him. In June, Dalio an­nounced he was turn­ing Bridge­wa­ter into a part­ner­ship to al­low top em­ploy­ees to gain stakes in the firm and have a say in how it’s run. He launched Bridge­wa­ter from his New York City apart­ment in 1975 af­ter earn­ing an M.B.A. from Har­vard. Dalio pub­lished a new book in Sep­tem­ber; the sim­ply named Big Debt Crises fo­cuses on in­vest­ing in tu­mul­tuous times. He has given nearly $770 mil­lion to his foun­da­tion, which has backed ef­forts to pro­tect the world’s oceans and funded med­i­cal in­sti­tu­tions.

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