Devon Dalio Biography – Devon Dalio Wiki
Devon Dalio was the son of Ray Dalio (born Raymond Dalio), the billionaire founder of Bridgewater Associates, a hedge fund he founded in 1975. Dalio was a co-founder and partner at P-Squared Management Enterprises, a private equity firm that is focused on small- and mid-market health care technology companies.
Devon was the CEO of the Dalio Family Office for eight years before he founded his private equity firm. He was also an employee at Bridgewater Associates. Dalio served as a board member of the family’s foundation, Dalio Philanthropies. He graduated from Lafayette College, according to his LinkedIn page.
Devon Dalio Age
He died on December 17, 2020. He was 42 years old.
Devon Dalio Family
Devon Dalio is survived by his father, Ray Dalio, mother, Barbara Dalio, his wife, daughter, and three brothers, Paul, Matt, and Mark.
Devon Dalio Wife
Devon Dalio was married. He left behind a wife and daughter.
Devon Dalio Death
He died Thursday, December 17, 2020, after he crashed his car into a Verizon store in Greenwich, Conn. The 2016 Audi driven by Devon Dalio crashed into the Verizon store in the Riverside Commons shopping center on East Putnam Avenue near Interstate 95’s Exit 5, the Greenwich Time reported. According to Fire Chief Joseph McHugh, the gas tank likely ruptured as the car entered the store, causing the car to burst into flames. According to Greenwich Police Department Public Information Officer Mark Zuccerella, investigators on Friday were still working to determine what caused Dalio to crash into the store. The car passed over a parking strip and mounted a curb before hitting the doors and entering the store completely.
Ray Dalio said on Twitter: “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. 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.”
Gov. Ned Lamont, also a Greenwich resident, said he and his wife Annie were “devastated” by Devon Dalio’s death. “As parents, we cannot imagine the grief and sadness of their loss,” Lamont said in a statement released through his office. “Our prayers are with Ray and Barbara, who have been champions for Connecticut’s children.”
Devon Dalio Cause Of Death
According to Connecticut’s Office of the Chief Medical Examiner, Devon Dalio’s cause of death was accidental and was caused by thermal injuries and smoke inhalation he suffered after his 2016 Audi erupted in flames.
Devon Dalio Net Worth
Devon Dalio’s net worth is unclear. According to Forbes, his father, Ray Dalio, has an estimated net worth of USD$18.6 billion as of July 26, 2020, making him the 69th richest person in the world and 26th on the Forbes 400 list.
Devon Dalio Drugs – Ray Dalio Son Mental Health
It is not clear if Devon Dalio was on drugs at the time of his death or if he had a history of drug usage. There are also no reports about his mental health.