Billionaire Ray Dalio’s son was killed in a car accident

Devon Dalio, the 42-year-old son of the billionaire and fund managerFencing Ray Dalio was killed in a car accident this week, a family spokesman said.

The accident happened on Tuesday (Thursday) after an Audi Devon’s car entered a Verizon store in a shopping center in Greenwich, Connecticut, and caught fire. The cause of the accident is still being investigated, according to a statement issued by Greenwich police. Local media point out that the store was almost completely destroyed.

Ray Dalio, the founder of Bridgewater Associates, the world’s largest hedge fund, wrote in a Twitter tweet that the family “mourns and digests” and seeks to maintain its privacy.

“In great pain I tell you that my 42-year-old son was killed in a car accident. We know that our terrible pain is felt by so many people, and we send them our condolences,” he wrote in another tweet, “May God protect you and appreciate the good things, especially in this time of This year. “

According to his LinkedIn account, Devon Dalio worked as a project manager at Bridgewater. He also served as a board member of Dalio, and was the founder and partner of the private equity fund P-Squared. In addition to his parents, Ray and Barbara, he is survived by a wife, a daughter and three siblings.

The governor of Connecticut, Ned Lamont, who is himself a resident of Greenwich, issued a statement in which he wrote that he was “devastated” by Devon’s death. “As parents, we can not at all describe the grief and sadness of this loss,” Lamont said, “We pray for Ray and Barbara, who work for the children of Connecticut.”

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