Inside the Tell-All That Billionaire Ray Dalio Tried to Stop

In public, Ray Dalio has all the markings of an icon. He built his hedge fund, Bridgewater Associates, into the largest in the world; he signed The Giving Pledge; he wrote a book about his principles (title: Principles) that sold millions of copies.

New York Times reporter Rob Copeland is here to shatter the illusion. On Tuesday, Copeland published a new biography, The Fund: Ray Dalio, Bridgewater Associates, and the Unraveling of a Wall Street Legend, which draws on interviews with hundreds of people in Dalio’s orbit.

Copeland paints Dalio as an egomaniacal cult-of-personality leader with a penchant for cruelty. Under Dalio’s reign, he writes, sexual harassment was allegedly swept under the rug, employees were capriciously fired, and paranoia infected the workplace. Lots of people cried.

Read more at The Daily Beast.