Success Stories

Ray Dalio Recalls Borrowing $4,000 From His Dad After 'Painful' Investing Mistake That Nearly Destroyed Bridgewater: 'Gave Me The Humility…'

Tanya Rawat — Tue, 19 May 2026 09:42:46 +0000

Billionaire investor Ray Dalio said the painful investing mistakes he made early in his career ultimately helped build Bridgewater Associates into the world's largest hedge fund.

Speaking at Long Island University's commencement ceremony last week, Dalio reflected on how a major wrong market call in the early 1980s became one of the most important turning points of his career.

Dalio said that when he was 34 years old, he believed a debt crisis involving emerging countries would trigger a severe market collapse. Mexico eventually defaulted on its debt in 1982, and Dalio said he correctly anticipated the broader crisis. However, he wrongly expected stocks to plunge further.

Instead, markets rallied sharply.

"I thought the stock market was going to fall a lot, but I was very wrong," Dalio said.

The mistake devastated his firm financially. Dalio said he lost ...

Full story available on Benzinga.com

Nvidia Stock Up Over 500,000% Since IPO: Here's What That Means In Dollars

Chris Katje — Mon, 18 May 2026 21:47:39 +0000

NVIDIA Corp (NASDAQ:NVDA) is one of the best-performing stocks since going public in 1999. With a well-known social media account sharing that the chip stock is up over 500,000% since its IPO, here's a look at the numbers and what that percentage means in dollars.

• NVIDIA stock is trading near recent highs. What’s the outlook for NVDA shares?

Nvidia Stock Since IPO

Nvidia is worth $5.38 trillion today as the most valuable company in the world, but years ago, the company was private and worth less than $650 million.

The company went public on Jan. 22, 1999, with shares offered at $12 each.

A $1,000 investment in the company would have allowed for the purchase of 83.33 shares at the time.

Since its IPO, Nvidia has undergone several stock splits, which have increased the number of shares held by shareholders. The ...

Full story available on Benzinga.com

This Tech Billionaire's Net Worth Crossed $300 Billion In April On AI Rally As Elon Musk Stays Richest In The World

Tanya Rawat — Fri, 01 May 2026 13:20:29 +0000

A surge in AI-driven technology stocks reshaped global billionaire rankings in April, pushing Google co-founder Larry Page into the $300 billion club while keeping Elon Musk at the top of the world's richest list, according to Forbes’ compilation as of 12 a.m. EST on Friday.

April was a strong month for markets. The S&P 500 rose 10.4%, its best monthly performance since November 2020, while the Nasdaq climbed 15.3%, marking its strongest gain since April 2020. The rally lifted the combined net worth of the world's ten richest people to $2.7 trillion as of May 1.

Page leads gains

Page saw his fortune increase by $76 billion to an estimated $313 billion after Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) shares surged more than 33% over the past month. He became only the third person ever to surpass $300 billion, joining Musk and Oracle’s Larry Ellison.

Alphabet Inc.’s (NASDAQ:GOOGL) (NASDAQ:GOOG) gains were driven by strong quarterly revenue and renewed investor optimism around artificial intelligence, particularly in search and cloud computing. Shares ...

Full story available on Benzinga.com