Ray Dalio Among Top Hedge Fund Earners in 2015

GREENWICH, CT- Local resident and hedge fund manager Ray Dalio earned an estimated $1.4 billion last year through his hedge fund.

Dalio is the founder of Westport-based Bridgewater Associates, which is the world's largest hedge fund with $150 billion in assets, according to the New York Times.

He earned the third most out of top hedge fund managers behind Ken Griffin and Jim Simons who both earned $1.7 billion, according to Business Insider.

Dalio is in the midst of a 10-year transition plan that will hand the reins over to others at the fund so he can focus on his role as co-CIO.