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Devon Dalio Wiki, Age, Wife, Death, Family, Biography & More

Devon Dalio (born March 26, 1978 – died December 17, 2020) was an American Businessman and Co-founder from Greenwich, Connecticut. He is best known as the son of Ray Dalio who is an American hedge fund manager and philanthropist.

Devon Dalio is best known as a son of Ray Dalio (American hedge fund manager and philanthropist)

Devon Dalio is best known as the eldest son of Ray Dalio (American hedge fund manager and philanthropist)

Many people are searching for Devon as he was tragically passed away at the young age of 42 in a car crash. On December 19, 2020, Ray who is a founder of Bridgewater Associates released a statement where he confirmed the death of Devon Dalio. He shared an emotional tweet for his beloved son.

The incident took place on Thursday afternoon after his Audi car got crashed into a Verizon store in Greenwich. It then caught fire and burst into flames. The shopping store also faced huge damage. He was the only person who got killed in the incident but the cause of this fatal accident is still under investigation.

Devon Dalio's Audi S6 car crashed into a Verizon store in Greenwich on December 17, 2020

Devon Dalio’s Audi S6 car crashed into a Verizon store in Greenwich on December 17, 2020

 

Wiki & Biography

The billionaire’s child took birth to his parents on the 26th of March making him an Aries in the zodiac sign. He was born in 1978 in the United States of America. Therefore, Devon Dalio’s age was 42 years at the time of his demise as of 2020.

He studied in one of the elite schools in the USA. Later, Devon graduated from Lafayette College. He earned a Bachelors’s degree in Economics.

 

Body Appearance

  • Height: 6 feet 1 inches (184 cm).
  • Weight: 78 kg (171 lbs).
  • Hair Color: Brown.
  • Eye Color: Brown.

 

Family & Ethnicity

Parents & Siblings

Devon Dalio is the eldest son of Barbara Dalio and Ray Dalio (American hedge fund manager and philanthropist)

Devon Dalio’s parents

His father “Ray Dalio” (full name Raymond Thomas Dalio) is currently serving as a co-chief investment officer at Bridgewater Associates. He is serving as the world’s largest hedge fund since 1985. Through his hard work, Ray made a Net worth of $16.9 billion as of 2020.

The various reports claim that his mother Barbara Dalio has the ancestry of Gertrude Vanderbilt Whitney who was the founder of the Whitney Museum of American Art. His parents married each other in 1977 in a lavish ceremony.

Devon Dalio was raised with three younger brothers named Paul Dalio, Matthew Dalio, and Mark Dalio

Devon Dalio’s youngest brother Mark Dalio

Devon was raised alongside three younger brothers named Paul Dalio, Matthew Dalio, and Mark Dalio. He belonged to the white ethnicity and has Italian descent.

 

Career & Net worth 

He started walking in the footsteps of his father after completing his graduation. He launched his profession as a project manager and joined his family business. Moreover, later he became a Dalio Foundation Board member.

The late businessman was also the Co-Founder/Partner at P-Squared Private Equity according to his LinkedIn account[1]LinkedIn. Dalio Foundation was involved in many activities in the past few years.

Devon Dalio worked Co-FounderPartner at P-Squared Private Equity

Back in 2019, it pledged to donate $100 million USD in order to help public schools in Connecticut. Moreover, in 2018, the Dalio Foundation started an initiative called OceanX in which they committed $185 million USD to protect the oceans.

In March 2019, his dad became one of the highest-earning hedge fund managers. As per the source, Devon Dalio’s Net worth is $1 billion US Dollars, as of 2020, approximately.

 

Some Lesser Known Facts about Devon Dalio

  • As per the source, his first name derived from North Devon cattle since his dad was highly active in cattle futures.
  • His sibling Paul works as a film director.
  • Furthermore, Matthew Ace “Matt” Dalio is also a businessman who is a founder and chairman of the China Care Foundation. It focuses on helping Chinese orphans.
  • Matt also a CEO and co-owns a computer operating system firm named Endless Mobile, Inc.
  • His youngest brother, Mark Dalio, is a wildlife filmmaker and enjoys his profession fully.
  • Devon Dalio’s grandfather Marino Dallolio (b. 1911 – d. 2002) was a jazz musician who used to perform with the Copacabana (Manhattan jazz club).
  • His grandmother “Ann Dalio” was originally from Italy and remained a homemaker.
  • Devon Dalio is survived by his beautiful daughter and spouse (names are not available).
Devon Dalio's death main cause was speeding

Devon Dalio’s death main cause was speeding

  • The police arrived on the accident scene at around 3:50 pm. They saw that the store was completely burnt and nothing was visible as it was filled with smoke.
  • According to official reports, speeding could be the main reason for Devon Dalio’s death.
  • He was driving a 2016 Audi S6.

Also Read: Big Ramy Wiki, Height, Weight, Age, Wife, Children, Family, Biography & More

 

 

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