Devon Dalio Biography — Wiki
Devon Dalio is best known as the son of famous hedge fund founder Ray Dalio, who died in a car crash this week, a family spokesperson said Friday. The family spokesperson confirmed the death in a Thursday afternoon crash.
The cause of the crash is still under investigation, Greenwich Police Department Public Information Officer Mark Zuccerella said. The Verizon store was largely destroyed, the newspaper reported.
Devon Dalio, the 42-year-old son of hedge fund founder Ray Dalio, died in a car crash this week. https://t.co/5mSPiIJfua
— ABC News (@ABC) December 19, 2020
Devon Dalio Age
Devon Dalio (March 26, 1978 – December 17, 2020) was 42 years old at the time of death.
Devon Dalio Death and Cause of Death
In a tweet, Ray Dalio – the billionaire founder of Bridgewater Associates – known as the world’s largest hedge fund – said his family was ‘mourning and processing and would prefer to be incommunicado for the time being.’
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. May God be with you and may you cherish your blessings, especially at this time of year.
— Ray Dalio (@RayDalio) December 19, 2020
The family spokesperson confirmed the death. An Audi had crashed into a Verizon store at a shopping center and burst into flames, Greenwich police and Fire Chief Joseph McHugh said.
What we know so far
Devon Dalio early life, education, career
According to Devon Dalio’s LinkedIn page, he worked as a project manager at Bridgewater Associates. He also served as a board member of the Dalio Foundation, according to the foundation’s tax filings.
Devon Dalio family
In addition to his parents Ray and Barbara Dalio, he’s survived by a wife, daughter and three brothers, the newspaper reported. Devon is the eldest son in his family.
Devon was named after North Devon cattle because Ray was deeply involved in cattle futures at the time.
“As parents, we cannot imagine the grief and sadness of their loss,” Connecticut Gov. Ned Lamont said. “Our prayers are with Ray and Barbara, who have been champions for Connecticut’s children.”