All hail, King Dalio! The Bridgewater Associates founder claims first place on Institutional Investor’s Rich List — for the first time since his 2011 earnings propelled him to the No. 1 spot. How did he do it in 2018, a year when two thirds of all hedge funds lost money? Read on to find out, and to see what other managers — some longtime Rich List members, some first-timers — made our 18th annual Rich List ranking. Ray Dalio recently made headlines when he declared in an essay that capitalism is “not working well for the majority of Americans,” citing what he feels is a frighteningly widening gap between the haves ... (full story)