26 minutes ago
Billionaire Ray Dalio Warns AI Bubble Could Soon Burst
Billionaire Ray Dalio at the Forbes Global CEO Conference in Singapore on Wednesday said the AI bubble is reaching the point where it could burst.
PROFILE
Ray Dalio
Bridgewater Associates
$18.9B
Real Time Net Worth
as of 10/7/26
Reflects change since 5 pm ET of prior trading day.
Simon Dawson/Bloomberg
From the Editor
Last Updated Sep 15, 2026, 6:30am EDT
- Ray Dalio is the founder of the world's biggest hedge fund firm, Bridgewater Associates, which now manages $102 billion.
- Dalio stepped down as CEO in 2017, retired as co-CIO in 2022 and sold off his full stake in the firm by 2025.
- Dalio grew up in a middle-class Long Island neighborhood and started playing the markets at age 12, getting tips from golfers for whom he caddied.
- In 1975, after earning an MBA from Harvard Business School, he launched Bridgewater from his two-bedroom New York City apartment.
- Dalio has given more than $1 billion to philanthropic causes. His Dalio Philanthropies has supported microfinance and public education.
Wealth History
HOVER TO REVEAL NET WORTH BY YEAR
Forbes Lists
list appearances
46
Personal Stats
- Age
- 77
- Source of Wealth
- Hedge funds, Self Made
- Residence
- Greenwich, Connecticut
- Citizenship
- United States
- Marital Status
- Married
- Children
- 4
- Education
- Bachelor of Arts/Science, Long Island University; Master of Business Administration, Harvard Business School
Did you know
In Their Own Words
It's impossible to separate economics from managing money. Doing economic research makes me a better trader.
Ray Dalio
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