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Ray Dalio invests in submarines for the ultrarich

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New York | Ray Dalio and Hollywood filmmaker James Cameron have bought an equity stake in a submarine maker that allows the ultra-wealthy yachting class to explore the remotest parts of the planet.

The billionaire founder of Bridgewater Associates, the world’s largest hedge fund, is now part-owner of Triton Submarines, a Florida-based company that specialises in submersibles for the super-rich.

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    Original URL: https://www.afr.com/wealth/investing/ray-dalio-invests-in-submarines-for-the-ultrarich-20221213-p5c5wd