In the last few years, Ray Dalio's hedge fund Bridgewater Associates has catapulted to stardom, and it's because, quite frankly, he's amazing at what he does.
In 2011, Dalio's Pure Alpha fund returned a staggering 16%, while many famous hedge funds were hit by double digit losses.
From Bridgewater's huge returns during 2010-11, Dalio was able to bring home about $7 billion over the two years. And now, he's the 34th wealthiest person in the US, according to Forbes, with a net worth of approximately $10 billion.
It's quite a lot of money, so we thought we'd come up with some comparisons (and do a little imaginary shopping) so we could visualize how much Ray Dalio's fortune means in real terms.
Dalio could buy almost 5 million 2013 Super Bowl tickets.
- 4,930,966 2013 Super Bowl Tickets at $2028 each.
- 92,592,592 Tampa Bay Buccaneers at New York Giants regular season tickets at $108 each.
He could pay almost 200,000 teacher salaries.
- 198,019 Elementary School Teacher Salaries at $50,500/ year.
- 50,403 Harvard Professor Salaries at $198,400/ year.
He could put over 260,000 kids through college.
- 261,917 in-state students could attend Arizona State University for four years($9,545/year)
- 62,736 students could attend Harvard University for four years($39,849/year)
See the rest of the story at Business Insider
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