But the source of his success has a lot to do with superstars of another sort: The Beatles.
Dalio was in his early twenties when he was inspired by the famous foursome to take up a new skill: Meditation.
Today, half a century on, it remains a constant of his daily routine, and one to which he attributes his greatest career wins.
Ray Dalio, founder of investment firm Bridgewater Associates.
J. Countess | Getty Images
"It was life changing," Dalio, now 70, told CNBCs Christine Tan in a recent episode of "Managing Asia."
The English rock band popularized a silent form of meditation — known as Transcendental Meditation — in 1968, following a two-month trip to India. The practice, developed by Maharishi Mahesh Yogi, involves the use of a mantra, such as "OM," to reach a state of subconsciousness.
Dalio, over the course of his five-decade career, has practiced the technique twice a day, once in the morning and once in the evening, for 20 minutes each.
It works because it brings you into your subconscious mind and it gives one an equanimity.
founder of Bridgewater Associates
That has helped him cope with the ups and downs of running the worlds largest hedge fund, Bridgewater Associates, the company he founded in 1975, he said. That includes the near-collapse of the business in 1982 when Dalio mistakenly bet on the next financial downturn — a moment he has described as "painfully humbling."
"It works because it brings you into your subconscious mind and it gives one an equanimity. In other words, a centered-ness, a calm centered-ness in the middle of a storm," Dalio explained.
The practice also provides an opportunity for creative thinking away from lifes daily distractions, which Dalio said has been vital for his personal development.
"Its like if you take a hot shower and the ideas come to you," he said. "That ability to reflect well and to be above those things that youre operating so you can navigate them well is a real great thing to have."
Dont miss: Billionaire Ray Dalio says this is how to be truly successful
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Photo of rock band The Beatles: Ringo Starr, George Harrison, Paul McCartney, John Lennon.
Fiona Adams | Redferns | Getty Images