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Ray Dalio Gives Up Control of Bridgewater in Final Succession Step - Vimarsana News

Ray Dalio Gives Up Control of Bridgewater in Final Succession Step

The billionaire founder of Bridgewater Associates first initiated his transition plan in 2010.

Ray Dalio gives up control of Bridgewater - Vimarsana News

Ray Dalio gives up control of Bridgewater

Ray Dalio founded Bridgewater from his two-bedroom New York City apartment and built it into the world’s biggest hedge fund. Now the billionaire is finally letting go.

Legendary investor Ray Dalio is finally giving up control of Bridgewater Capital after a 12 year process - Vimarsana News

Legendary investor Ray Dalio is finally giving up control of Bridgewater Capital after a 12 year process

After 12 years of trying, Ray Dalio is finally letting go. The billionaire founder of Bridgewater Associates has given up control of the firm he built

Ray Dalio Gives up Control of Bridgewater and Steps Down As Co-CIO - Vimarsana News

Ray Dalio Gives up Control of Bridgewater and Steps Down As Co-CIO

He will retain a minority stake, keep a seat on the board, and take on the title of founder and CIO mentor, according to Bloomberg.

ASX to rise as Wall Street rallies; ASIC sues Harvey Norman, Latitude - Vimarsana News

ASX to rise as Wall Street rallies; ASIC sues Harvey Norman, Latitude

ANZ lifts RBA peak rate forecast to 3.6pc. ASIC sues Harvey Norman, Latitude for misleading ads. Musk revives Twitter bid, shares spike. Ray Dalio gives up control at Bridgewater. Link entertains fresh D&D offer for parts. Follow for updates.

Source: afr.com