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Ray Dalio – the richest fund manager for 2018

Ray Dalio, the founder of the largest hedge fund in the world, was also the highest-paid fund manager for 2018.

According to Institutional Investor’s annual “List of Rich”, the founder of Bridgewater Associates has earned $ 2 billion in 2018. By comparison, in 2017 he reported a profit of $ 1.3 billion. Dalio has earned $ 5.5 million every day.

Dalio, one of the richest people in the world, has just announced that for him the inequality between rich and poor is a national crisis. In a recent interview with CNBC, he announced that “the game should become fair.”

“I was raised on equal terms, my parents took care of me very well, I went through the public education system, and then I had the opportunity to enter a work environment with equal rights.” – notes Dalio. “A number of things have changed since then.”

Dalio also calls for more investment in early childhood education, infrastructure and improvements to public health.

Source: CNBC


 Trader Martin Nikolov

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