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While billionaires like Jeff Bezos, Richard Branson and Elon Musk are looking for stars, Bridgewater Associates founder Ray Dalio is diving deep into the sea.
In a recent segment of "60 Minutes," Dalio took reporter Bill Whitaker underwater in his personal three man submarine for a panoramic tour of the ocean. Dalio also has a ship with scientific equipment and regularly invites scientists to dive with him and discover new wildlife.
"I find ocean exploration much more exciting, much more important than space exploration," Dalio told Whitaker. "And then you think about [how] it affects our lives so much. "
Dalio made headlines following the publication of a LinkedIn message of 7,500 words in LinkedIn, in which he claims that capitalism has failed to create the equality of chances and that it must be seriously redesigned.
Dalio, who predicts a long period of slow economic growth and the rise of China as an economic superpower, lamented the loss of the American dream. "I think in most cases we do not even talk about what's the American dream, and it's very different from where I grew up," he said.
During his deep-sea diving, he compared the dying coral to the lack of economic opportunity. "If I go down here and see that the coral reefs are dying and the people are dying, I know we're out of balance, it does not take a genius to know you're out of balance and you should do something."
The billionaire sees the mysteries of the ocean as the next big adventure. "I do not understand the allocation of space resources – in return on investment, the return on investment is fabulous."
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