5 Richest Hedge Fund Managers in the World

3. Ray Dalio

Net Worth: $19.1 billion

Ray Dalio, a highly regarded figure on Wall Street, has achieved success in the investment realm since the age of 12. His combination of business acumen and a Harvard education propelled Bridgewater Associates, the hedge fund he founded, to become the largest and one of the most successful hedge funds. The flagship fund of the hedge fund, Pure Alpha 11, maintained an average annual return of 11.4% from 1991 to 2022, surpassing overall market performance. He concluded his role as co-CEO of Bridgewater in 2017 and gradually withdrew from the positions of chairman and co-chief investment officer in 2021 and 2022, respectively. Bridgewater Associates’ top position at the end of the third quarter is The Procter & Gamble Company (NYSE:PG) with shares valued at $700.25 million.