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Billionaire Ray Dalio’s Son Devon Dies in Fiery Car Crash at 42: ‘Terrible Pain’ People 12/21/2020 © Provided by People Giulia Marchi/Bloomberg via Getty Ray Dalio Devon Dalio, the 42-year-old son of hedge fund billionaire Ray Dalio, was killed last week in a car accident in Connecticut after his vehicle crashed through a store in a shopping center. Ray Dalio, the founder of Bridgewater Associates, announced the tragic loss on Twitter Friday, one day after Devon died in a single-car wreck in Greenwich. “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,” wrote Ray, 71.

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