Miami Connection
While Dalio is not directly based in Miami, his professional network has expanded into South Florida through key executives like Prasad Hedge, who transitioned from Bridgewater to 777 Partners in Miami. Through this connection, Dalio's investment philosophy and management principles influence Miami's growing private equity and sports investment ecosystem, particularly through 777 Partners' high-profile international sports team investments including La Liga's Sevilla FC, Genoa C.F.C., Vasco da Gama, and Standard Liège.
About
Ray Dalio was born August 8, 1949, in Jackson Heights, Queens, New York. He is the founder and former leader of Bridgewater Associates, a premier asset management firm that grew into one of the world's largest hedge funds. Dalio is an accomplished author, having written 'Principles: Life & Work' (2017) on corporate management and investment philosophy, and 'The Changing World Order' on geopolitical success and failure. His Miami-South Florida connection is indirect but notable through his former Chief Technology Officer, Prasad Hedge, who left Bridgewater to become COO of 777 Partners, a Miami-based private investment firm with over $3 billion in assets under management. As of February 2026, Dalio maintains a net worth of $20 billion, ranking 128th on the Bloomberg Billionaire Index.