One of Wall Street's most powerful titans will be paid billions to walk away from the $180 billion hedge fund he founded in his New York flat almost 50 years ago.According to a report by the New York Times, US multibillionaire Ray Dalio had negotiated secret regular payments through a special class of stock - informally named "Ray's shares" - worth billions of dollars.Dalio, who has an estimated net worth of $27.4 billion, gave up control of Bridgewater in October, the mighty hedge fund which manages $180 billion in capital.
Load More
Load More