Ray Dalio Says Son Killed in Car Accident in Connecticut

Devon Dalio was driving when his car crashed into a store in Greenwich, Connecticut, according to the Connecticut Post newspaper.

Wes Goodman

21 Dec 2020, 10:43 AM IST

Ray Dalio Says Son Killed in Car Accident in Connecticut

Ray Dalio, billionaire investor and founder of Bridgewater Associates. (Photographer: Giulia Marchi/Bloomberg)

(Bloomberg) -- Billionaire hedge fund investor Ray Dalio said in a post on Twitter that his 42-year-old son was killed in a car accident.

Devon Dalio was driving when his car crashed into a store in Greenwich, Connecticut, according to the Connecticut Post newspaper. His LinkedIn page says he’s a co-founder/partner at P-Squared Private Equity and a Dalio Foundation board member.

Ray Dalio is the founder and co-chief investment officer of Bridgewater Associates. His net worth is $15.5 billion, according to the Bloomberg Billionaires Index.

“My family and I are mourning and processing and would prefer to be incommunicado for the time being,” Dalio said on Twitter.