Ray Dalio's real estate investments are a significant part of his overall portfolio. He has invested in various properties, including a 17,000-square-foot home in Greenwich, Connecticut.
Ray Dalio's Connecticut home is a notable example of his real estate holdings. The estate features a private tennis court, a swimming pool, and a private beach along the Long Island Sound.
Dalio's home in Greenwich is valued at over $100 million.
Ray Dalio's Real Estate Transactions
Ray Dalio's real estate transactions are a fascinating topic.
He has a penchant for buying historic and luxurious properties, like the 50-acre Copper Beech Farm in Greenwich, which he sold for a record $138.83 million.
Located on a private peninsula, the estate boasts a mile of waterfront frontage and stunning views of Long Island Sound.
The property features a 13,519-square-foot main house, eight bedrooms, and eight bathrooms, as well as walled gardens, a swimming pool, a grass tennis court, and two private beaches.
In 2014, Dalio purchased the estate for $120 million, a record for Connecticut at the time.
He also has a family office in Singapore, which was first announced in 2020, and has been involved in purchasing shophouses in the city-state, including two shophouses for $18.9 million in 2021.
These shophouses are old buildings that combine shops on the ground floor and homes above, and are seen as good investments due to their limited supply and heritage status.
Dalio's real estate transactions are often shrouded in mystery, with his buyer identity remaining anonymous in the case of the Copper Beech Farm sale.
However, it's clear that he has a taste for the finer things in life and is willing to invest in properties that offer a unique blend of luxury and history.
Ray Dalio's Purchases
Ray Dalio's family office purchased two shophouses in Singapore for US$18.9 million in 2021.
These shophouses are located in the Club Street area near the central business district.
Dalio's firm, Bridgewater Associates, has a significant portfolio including companies like Meta, Alphabet, and PDD Holdings.
The purchase of these shophouses makes Dalio yet another billionaire to invest in Singapore's shophouses.
Zhang Ying, spouse of Alibaba Group co-founder Jack Ma, also spent US$33.3 million on connected shophouses on Duxton Road in February.
Dalio's family office in Singapore was first announced in 2020.
Google co-founder Sergey Brin set up his own family office in Singapore the following year.
Frequently Asked Questions
How much does Ray Dalio own of Bridgewater?
Ray Dalio owns less than half of Bridgewater, but his ownership stake is not publicly disclosed. He is credited with 49% of the firm's value.
Sources
- https://www.hartfordbusiness.com/article/greenwich-waterfront-estate-with-ties-to-ray-dalio-sells-for-record-139m
- https://therealdeal.com/new-york/tristate/2023/08/03/copper-beech-farm-sells-for-record-139-million/
- https://rethinking65.com/dalio-inside-the-house-of-horrors/
- https://www.propertygiant.com/blog/ray-dalio-scoops-up-singapore-shophouses
- https://www.businessinsider.com/connecticut-real-estate-sale-record-copper-beech-farm-2023-8
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