Hedge Fund Billionaire Gets Billions More to Retire
Bridgewater’s founder, Ray Dalio, retired last year after months of negotiations that guaranteed him a gigantic exit package.
Source: nytimes.com
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Bridgewater’s founder, Ray Dalio, retired last year after months of negotiations that guaranteed him a gigantic exit package.
The Bridgewater founder, already worth $19 billion, agreed to step down if he received regular stock payouts dubbed "Ray's shares."
This 'unvarnished' and 'unauthorized' book about billionaire Wall Street Hedge fund investor Ray Dalio and Bridgewater is scheduled for next fall.
Dalio founded the hedge fund 47 years ago.
After 47 years in charge, Ray Dalio gave up control over Bridgewater.