Ray Dalio Divests Final Bridgewater Shares, Resigns from Board

Ray Dalio, the mastermind behind Bridgewater, one of the globe's most prominent hedge funds, has sold his final shareholdings in the company and resigned from its board.

The conclusion of Dalio's share sale marks the end of his managerial transition, which he initiated last year, as disclosed by a reliable source. Although he has relinquished his stake, Dalio will still play a significant role as an investor in Bridgewater's strategies and continue to offer guidance.

The billionaire has been strategically reducing his company shares over time. To complete this transition, Bridgewater acquired funds by partnering with existing investors and employees. Bob Prince and Greg Jensen, acting as Co-Chief Investment Officers, are among the primary equity holders, the source mentioned.

In a communication to clients dated July 21, viewed by CNBC, Bridgewater CEO Nir Bar Dea and Co-Chair Mike McGavick remarked, "We extend our warmest congratulations to Ray – his legacy as our esteemed founder and mentor to many will remain, and he continues as a valued client with noteworthy investments in our strategies at Bridgewater." They added that Dalio has always perceived this transition as fulfilling a long-cherished dream.

The initial report on Dalio's divestment came from The Wall Street Journal. Dalio appeared to affirm these changes in a LinkedIn post.

Having established Bridgewater in 1975, Dalio dedicated himself to macroeconomic strategies, dealing with various markets like currency and fixed income by analyzing economic patterns. He withdrew from his role as CEO in 2017 and left his position as chairman by the close of 2021.

In the first segment of 2025, Bridgewater saw impressive performance, with its Pure Alpha fund achieving a 17% increase and its All Weather fund growing by 8%, according to the source.