TRAGEDY

Who was Devon Dalio? Son of billionaire hedge fund manager Ray Dalio

DEVON Dalio is the son of Ray Dalio, a billionaire who founded one of the world's largest hedge funds.

Devon tragically passed away on December 17.

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Devin once worked for Bridgwater Associates, his father's companyCredit: Linkedin

Who was Devon Dalio?

Devon was CEO of the Dalio Family Office for eight years before he founded his private equity firm.

He was also a former employee at Bridgwater Associates.

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: "It is with great pain that I am sharing with you that my 42-year-old son was killed in a car crash yesterday.

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"My family and I are mourning and processing and would prefer to be incommunicado for the time being.

Ray speaks during the Economic Summit held for the China Development Forum in Beijing, ChinaCredit: AP:Associated Press
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"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."

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