Hedge Fund Billionaire Ray Dalio Steps Up Foundation Giving

Forbes – Billionaire Ray Dalio has already built the world’s biggest hedge fund firm, Bridgewater Associates, which manages some $160 billion. He is now also building a large philanthropic foundation.

According to the most recent public tax filing made by the Dalio Foundation, Dalio contributed $400 million to his foundation in 2013, pushing its total assets to $842 million. The foundation ended 2012 with $590 million in assets.

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