Devon Dalio, son of billionaire Ray Dalio, dies in car crash by The Associated Press Last Updated Dec 18, 2020 at 10:26 pm EDT GREENWICH, Conn. — Devon Dalio, the 42-year-old son of hedge fund founder Ray Dalio, died in a car crash this week, a family spokesperson said Friday. The family spokesperson confirmed the death in a Thursday afternoon crash to Hearst Connecticut Media. An Audi had crashed into a Verizon store at a shopping centre and burst into flames, Greenwich police and Fire Chief Joseph McHugh said. The cause of the crash is still under investigation, Greenwich Police Department Public Information Officer Mark Zuccerella said. The Verizon store was largely destroyed, the newspaper reported.