Ray Dalio has warned that China should cut its debt and ease monetary policy or face “a lost decade.” The billionaire founder of Bridgewater Associates said in a nearly 5,000-word post on LinkedIn that he agrees with Chinese President Xi Jinping’s warning of a 100-year period of unprecedented change and recommends the country take steps … Read more
Combination showing Taylor Swift (L) and Ray Dalio. Getty Images (L) | CNBC (R) Hedge fund billionaire Ray Dalio attended Taylor Swift’s Eras Tour in Singapore, and posted a selfie from the packed venue along with a caption explaining why he thought the megastar should be the next president of the United States. “@TaylorSwift for … Read more
Copper plates on wagons ready for onward shipping at the Mufulira refinery, operated by Mopani Copper Mines Plc, in Mufulira, Zambia, on Friday, May 6, 2022. Bloomberg | Bloomberg | Getty Images KoBold Metals, a mining startup backed by billionaires including Bill Gates and Jeff Bezos, is bullish on the discovery potential of some of the most … Read more
A truck makes its way over the Victoria Falls bridge, spanning over the Zambezi River, linking Zambia and Zimbabwe, in Livingstone, Zambia, on Sunday, May 8, 2022. Bloomberg | Bloomberg | Getty Images KoBold Metals, a California-based metals exploration company backed by billionaires including Bill Gates and Jeff Bezos, said that it has discovered a … Read more
Ray Dalio speaks during the 2023 Forbes Iconoclast Summit at Pier 60 on June 12, 2023 in New York City. Taylor Hill | Getty Images Entertainment | Getty Images ABU DHABI, United Arab Emirates — Amid a turbulent global environment, hedge fund titan Ray Dalio sees one particular part of the world as holding promise … Read more
Top business leaders in the U.S. meet Chinese President Xi Jinping in San Francisco, California on Nov. 15, 2023. Eamon Javers, CNBC Correspondent Apple CEO Tim Cook, Tesla chief Elon Musk and Blackrock’s Steve Schwarzman were among the guests Wednesday night at a gala reception and dinner in San Francisco for visiting Chinese President Xi … Read more
Even billionaires wish they could go back in time and give their younger selves some wisdom. That goes for three of the world’s more popular business icons: Mark Cuban, Bill Gates and Ray Dalio. Each amassed their fortunes through entrepreneurship: Cuban built a startup that was acquired by Yahoo for $5.7 billion, Gates co-founded tech … Read more