Billionaire Ray Dalio confirms son's car crash death: 'My family and I are mourning'
ROSA SANCHEZ Sat, December 19, 2020, 4:02 AM EST
Billionaire hedge fund founder Ray Dalio has confirmed the news of son Devon Dalio's death. "It is with great pain that I am sharing with you that my 42 year old son was killed in a car crash yesterday. My family and I are mourning and processing and would prefer to be incommunicado for the time being," Ray Dalio, 71, wrote on Twitter Friday night.
The car crash that killed Devon Dalio occurred Thursday afternoon in Greenwich, Connecticut, a family spokesperson told Connecticut media Friday. An Audi drove into a Verizon store at the Riverside Commons shopping center and burst into flames, Greenwich police and Fire Chief Joseph McHugh said, according to the Greenwich Time.
GPD is responding to a motor vehicle accident and active fore in the Thruway Shoppong Center at Exit 5. The area approacing the E Put and Exit 5 intersection will be closed and traffic deverted. — Greenwich PD PIO (@GreenwichCTPD) December 17, 2020
The store was reportedly destroyed, and the cause of the crash is still under investigation, according to the newspaper.
His late son with wife Barbara Dalio worked as a project manager at Bridgewater Associates, according to his LinkedIn page. He left behind a wife, a daughter and three brothers, the Greenwich Time reported.
https://www.yahoo.com/gma/billionaire-ray-dalio-confirms-sons-090200070.html