Conversation with Bridgewater Associates' Founder, Ray Dalio | Milken Institute Asia Summit 2023

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A global macro investor for more than 50 years, Ray Dalio founded Bridgewater Associates out of his two-bedroom apartment in NYC and ran it for most of its 47 years, building it into the largest and most successful hedge fund in the world under his leadership. Ray remains an investor and mentor at Bridgewater and serves on its board. He is also the long-running New York Times bestselling author of Principles: Life and Work, Principles for Dealing with the Changing World Order, and Principles for Navigating Big Debt Crises. He graduated with a B.S. in Finance from C.W. Post College in 1971 and received an MBA degree from Harvard Business School in 1973. He has been married to his wife, Barbara, for more than 40 years and has three grown sons and five grandchildren. He is an active philanthropist with special interests in ocean exploration and helping to rectify the absence of equal opportunity in education, healthcare, and finance.

Richard Ditizio is CEO of the Milken Institute, where he is responsible for all centers and departments across the organization's global footprint. He joined the Institute after a 25-year career in banking, most recently serving as CEO of Citi Private Bank, a 1,100-employee unit of Citi. Prior to that, Ditizio ran the North American UHNW practice for the bank, leading 24 offices across the United States and Canada. In these roles, he counseled clients on issues such as business succession, philanthropy, and the challenges of raising children amid great affluence. His work with UHNW families has been widely profiled in media outlets including the Wall Street Journal, Financial Times, Lifestyles, CNBC, and Reuters; he has been the featured speaker at engagements for the Jewish Funders Network, Tiger 21, and others. A recipient of the NSFRE Corporate Executive Award, Ditizio has been involved with numerous nonprofit boards and charitable organizations throughout his career.

Amos Garcia is a director at the Milken Institute Asia Center based in Singapore. He leads the Center's events and programs related to financial technology, food and agriculture, and aging. He also manages government relations in the Asia-Pacific region. Prior to joining the Asia Center, Garcia was a researcher at the Lee Kuan Yew School of Public Policy. He has completed advocacy and strategy work for the European Chamber of Commerce in Singapore and economic analysis for the Philippine Central Bank. Garcia studied international relations and economics at Calvin University in Michigan and completed his master's in public policy with a specialization in economic policy from the Lee Kuan Yew School of Public Policy, National University of Singapore.

About Asia Summit 2023
The 10th Asia Summit celebrated a decade defined by greater access to capital, deeper digitalization, health innovation, and the rise of connected, purposeful living.

While this progress has improved the lives of individuals, strengthened communities, and grown the industries that power economies across Asia, significant global events created new challenges.

How can we achieve peace and stability around the world? Can there be competition and collaboration while respecting our differences? How can we prevent another pandemic and protect people from preventable illness? How can private and government leaders address increasing inequality? How can we protect the environment from irreparable damage?

At this milestone event, our network of industry leaders, policymakers, and experts tackled these questions.