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Thursday, March 10, 2011

Ray Dalio Makes Forbes List of Billionaires

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The Forbes list of the world’s billionaires just out includes 11 Connecticut residents, none of them Westporters, but it does include Ray Dalio, head of Westport’s Bridgewater Associates. WestportNow.com Image
Ray Dalio: head of Westport hedge fund has estimated $6 billion net worth. Forbes.com photo

The company, with 1,100 employees in Westport, manages the world’s largest hedge fund with $87 billion in assets.

The magazine estimated Dailo’s net worth at $6 billion, earning him a place at No. 162 on the list of 1,210 billionaires. Dalio, like seven other Connecticut residents on the list, lives in Greenwich.

The richest Connecticut billionaire was listed as Steve Cohen, a hedge fund manager with an estimated $8 billion net worth. A Greenwich resident, he is tied at No. 114 on the list. See the complete list here.

Posted 03/10/11 at 11:38 PM

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Way to go Ray! He also gave a very insightful interview last week on CNBC which is worth watching.

Posted by John Raho on March 11, 2011 at 03:36 AM | #
 

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