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Ray Dalio family in mourning after car crash kills son in Greenwich

Related Topics: Ray Dalio, Greenwich, Devon Dalio

Devon Dalio, the son of the founder of the world’s largest hedge fund, died in a fiery car crash in Greenwich Thursday afternoon.

In a statement released by the family Saturday morning, a spokesperson said Devon Dalio’s death is “a heartbreaking tragedy and the family is in mourning.”

“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,” Dalio wrote.

“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.