Roy Rochlin/Getty ImagesHedge fund billionaire Ray Dalio’s 42-year-old son, Devon, died in a car crash in Greenwich, Connecticut on Thursday, his family has confirmed. Devon’s Audi crashed into a Verizon store at a shopping center on Thursday afternoon before bursting into flames, local authorities said. He had apparently crossed over a parking strip and mounted a curb before driving into the store, police told Hearst Connecticut Media. Ray Dalio is the 29th richest person in the world, with a net worth of $16.9 billion, according to Forbes’ estimates. Connecticut Governor Ned Lamont released a statement saying he was “devastated” by Devon Dalio’s death.

Source: Forbes December 19, 2020 22:30 UTC