Hedge fund founder Ray Dalio said son s death triggered enormous pain and reflection courant.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from courant.com Daily Mail and Mail on Sunday newspapers.
Almost a week after a fiery crash in Greenwich killed Devon Dalio, the son of billionaire philanthropists Ray and Barbara Dalio, medical examiners and local detectives are still working to determine what caused the incident.
Ray Dalio offers gratitude for support following death of son
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Devon DalioCourtesy of the Dalio Family /
GREENWICH Greenwich’s Ray Dalio took to social media this week to thank well wishers for care they have shown in the wake of his son’s death last week.
“My family and I wish we could personally thank each and everyone one of you who shared your caring and condolences for our loss,” Dalio, founder of Bridgewater Associates, the world’s largest hedge fund, posted on Twitter. “While I knew about the power of love I had no idea what a healing effect it would have.”
Coworkers, friends, and Bridgewater Associates employees past and present are mourning the death of Devon Dalio, a private equity investor, longtime co-CEO of the Dalio Family Office, Dalio Philanthropies board member, and son of the famed hedge fund’s founder.
Devon Dalio, 42, died when his car struck a storefront and caught fire in Greenwich, Connecticut on the afternoon of Thursday, December 17. The cause of the crash is unknown.
“Devon spent about 50 percent of his time with me, on the investment side of DFO, as a member of the investment team,” Zimmerman remembered Tuesday. “My first impressions when I met him: Kind. Passionate. Inquisitive. Generous. Loved his family, his parents, his brothers, his wife, his child. A loving man.”