Ray Dalio says his son was killed in a car accident in Connecticut

Ray Dalio

Photographer: Giulia Marchi / 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 the page says he is a co-founder / partner at P-Squared Private Equity and a member of the board of directors of the Dalio Foundation.

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

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

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