Ray Dalio takes CT in list of richest people by state

WESTPORT — The richest person in each of the 50 states has been revealed by Forbes, with Ray Dalio taking the top spot for Connecticut.

Dalio, 69, is the founder of the world’s largest hedge fund firm, Westport-based Bridgewater Associates, which manages $160 billion in assets.

According to Forbes, he started playing the markets at age 12, getting tips from golfers while he worked as a caddie. He would later launch Bridgewater from his two-bedroom New York City apartment in 1975. Dalio’s net worth of $18.4 billion came in at twelfth-highest on the list.

He has given $768.9 million to philanthropic causes over his lifetime, the report said, and the Dalio Foundation has also supported microfinance, inner-city education, nature conservation, and promoted meditation to groups under stress.

For the complete list and more, visit Forbes.com.