Sentinel Reporter
Devon Dalio, the son of Greenwich’s Ray Dalio, died in a car crash at the Riverside Commons Shopping Center on Thursday. He was 42.
Devon Dalio is survived by his wife and daughter, his parents and three siblings. He was the co-founder of the Greenwich private equity firm, P-Squared Management Enterprises, and a board member of the Dalio Foundation. He was co-CEO of the Dalio Family Office for eight years, and worked at Bridgewater Associates earlier in his career. His father, Ray Dalio, took to social media and confirmed his son’s passing.
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.
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Devon Dalio, son of billionaire Ray Dalio, dies after car crashes into Connecticut Verizon store 6abc.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from 6abc.com Daily Mail and Mail on Sunday newspapers.
US hedge fund manager Ray Dalio confirms news of son Devon s death in car crash
Devon Dalio s Audi crashed into the Verizon store in Greenwich on December 17
Ray Dalio (File Photo)
Ray Dalio, American billionaire hedge fund manager and Founder of Bridgewater Associates on December 19 shared news of his son s demise. 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, he tweeted. (sic)
Dalio in another tweet, referred to the accident that caused his son Devon Dalio’s death and 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. May God be with you and may you cherish your blessings, especially at this time of year. (sic)