2023 FOX News Network, LLC. He was co-CEO of the Dalio Family Office for eight years, and worked at Bridgewater Associates earlier in his career. To request removal of your name from an arrest report, submit these required items to arrestreports@patch.com. It is with great pain that I am sharing with you that my 42 year old son was killed in a car crash yesterday. Ray Dalio announced the death of his son Devon on Twitter on Friday. Ray Dalio, Devin's father, served as a co-chief investment officer of the world's largest hedge fund, Bridgewater Associates, which he founded in 1975. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Additionally, $1 million of the donation went toward food and nutrition for Connecticut residents in need. He worked as the CEO of the Dalio Family Office. Greenwich police and Fire Chief Joseph McHugh confirmed that Devon crashed his Audio into the mall where it then burst into flames. This website uses cookies to improve your experience while you navigate through the website. Billionaire Ray Dalio founded Bridgewater in 1975 in New York. The son of the owner of the world's largest hedge fund was killed on Thursday after crashing his car into a Verizon store in Greenwich, Connecticut, authorities said. We know that the terrible pain we are feeling has been and continues to be felt by so many others so our sympathies go out to them. Why Felicity Hoffman Sentenced to Only 14 Days in Prison? You have to enable javascript to fully function this website. As parents, we cannot imagine the grief and sadness of their loss, Lamont said. GREENWICH, Conn. (AP) Devon Dalio, the 42-year-old son of hedge fund founder Ray Dalio, died in a car crash this week, a family spokesperson said Friday. Our prayers are with Ray and Barbara, who have been champions for Connecticut children, Lamont said. Police say employees were able to exit the store without injuries. After a collision with a Verizon store, his Audi S6 burst into flames. He was the only victim of the incident. And your article doesnt states a single reason why mental health may have been a contributing factor to the crash. Devon Dalio, 42, died Dec. 17 when the car he was in crashed into a Verizon store in the Thruway Shopping Center and caught fire. Devon Dalio, 42, was the son of Raymond Dalio, 71, the billionaire founder of Bridgewater Associates, a hedge fund he founded in 1975. The family spokesperson confirmed. Painting in Watercolor Workshop (all levels) with Greta Corens! As parents, we cannot imagine the grief and sadness of this loss. Get all the stories you need-to-know from the most powerful name in news delivered first thing every morning to your inbox.
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