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Billionaire Ray Dalio sells remaining stake in Bridgewater — firm he founded 50 years ago

byWesley Scott
July 31, 2025


Investor Ray Dalio sold his remaining stake in Bridgewater Associates, the hedge fund he founded 50 years ago, according to a letter sent to the fund’s investors and seen by Reuters.

“We wanted to update you that Bridgewater recently repurchased the last remaining ownership shares held by Dalio-related entities,” Bridgewater’s Chief Executive Officer Nir Bar Dea said in the letter.

The Wall Street Journal first reported Dalio’s sale of his stake in Bridgewater.


Ray Dalio founded Bridgewater 50 years ago. REUTERS

Dalio had handed over control of Bridgewater to a new generation of investors in 2022.

He did not immediately respond to a Reuters request for comment about the sale.



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Wesley Scott
Wesley Scott is a seasoned business journalist with a knack for breaking down complex financial matters and corporate trends. With a background that includes seven years working on Wall Street, Wesley brings insider knowledge to his reporting, offering readers both depth and clarity. His articles cover a wide range of topics, from market trends and corporate leadership changes to business ethics and the impact of global events on industries. Known for his ability to identify emerging patterns in the business world, Wesley’s writing serves as a reliable resource for professionals and curious readers alike. Whether covering shifts in consumer behavior or unraveling the dynamics of corporate mergers, Wesley's work ensures his audience stays ahead of the curve.
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