Ray Dalio's retirement signifies a major shift at Bridgewater Associates, with the firm now partly owned by Brunei's sovereign wealth fund, emphasizing the need for preparedness in an evolving financial landscape.
Ray Dalio retired on August 1, 2025, selling his remaining shares in Bridgewater Associates, which he founded 50 years ago. He reflected on his investment journey, highlighting the firm's transition to a decentralized structure and the acquisition of a nearly 20% stake by Brunei's sovereign wealth fund. Dalio warned of a potential global debt crisis and emphasized the importance of understanding economic cycles in investing.