Ray Dalio celebrates his 77th birthday at Ibiza club UNVRS after fully exiting Bridgewater

Bridgewater Associates founder Ray Dalio spent his 77th birthday at UNVRS in Ibiza, staying until 4 a.m. and later posting the video himself on X on Aug. 10. The appearance came shortly after Dalio fully severed ownership ties with Bridgewater on July 31, 2025, when he sold his last remaining stake and stepped down from the board, closing out a 50-year run at the hedge fund he founded. The report also ties the birthday outing to Dalio’s recent public comments on markets and crypto. This year, he warned about the $38 trillion U.S. national debt, described the economy as edging toward a “heart attack,” and said debt crises tend to worsen slowly before breaking all at once. In late July, he also warned of an AI bubble and said investors could consider putting 15% of a portfolio into Bitcoin or gold for the best risk-reward mix. On Bitcoin, Dalio’s stance was described as unchanged: he holds it at roughly 1% of his portfolio but does not see it as better than gold, while remaining concerned about the lack of central bank backing, limited privacy, and long-term quantum computing risks.