Ray Dalio is worried about income inequality. We know this because he’s written about it at great length, and also because he was willing bash his head against a Joe Kernan-shaped wall to get his message about fixing capitalism out there. And there is no need to question Ray Dalio’s commitment to doing so. After all, while some situations when the income gap gets to where it is these days work out pretty well for folks like Dalio (certain European countries of the 1930s), in others people like him are the first to go to the wall. And Dalio’s got two billion more reasons to want to save capitalism now, as well as a handy new first-hand evidence of what income inequality can mean.

The magazine estimated his earnings at $2 billion last year, an improvement on the $1.3 billion he made in 2017, when he was in fourth place….

Mr. Dalio’s lieutenants Greg Jensen and Bob Prince each made $325 million to tie for 12th. Near the bottom of the list — at No. 22 — was Steven A. Cohen, the founder of Point72 (formerly known as SAC), who made $70 million.

I mean, just look at that disparity. It’s breathtaking. Something's got to change.

Bridgewater’s Ray Dalio Tops the List of Hedge Fund Manager Compensation [DealBook]

Related

dalio-screenshot

May Ray Dalio’s Book Tour Never End

‘Principles’ is a gift that keeps on giving.

See page for author [Public domain], via Wikimedia Commons

Ray Dalio Reveals His Paramount Exemplar

And just in the nick of time, because he’s 91.

Getty Images

Ray Dalio Bullies Tony Robbins Again

He has more to teach! And more books to sell!

dalio-screenshot

Like The Rest Of Us, Ray Dalio Has No Idea What Joe Kernen Is Talking About

It’s time for a televised dose of brutally radical transparency.

dalio-screenshot

Ray Dalio Would Like More Control Over Media Reports About His Control Over Bridgewater

Radical transparency requires the Svengali-philosopher king to run around shouting “Fake news!”

dalio-screenshot

Ray Dalio May Think Elizabeth Warren Will Make People Realize We’re Already In A Recession

The global supercollapse is now scheduled to begin in earnest in March.

dalio-screenshot

Herald Of Honesty Is Being Totally Honest, He Swears

Ray Dalio is in a bit of an awkward spot here, and not one of the ones he likes.