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.

Greenwich Police say they responded to the emergency call around 3:50 PM on Thursday. They reported finding a 2016 Audi inside a Verizon store and the store completely engulfed in smoke. The fire and smoke prevented the officers from approaching the interior of the store, according to police. The car's operator was pronounced dead at the scene.

Preliminary investigations indicate the car went over the parking strip, mounted the curb, crashed through the store's front doors, and traveled completely into the store. Police say the cause of the collision, cause of the fire, and cause of death to the operator are still under investigation.

Police say employees were able to exit the store without injuries.

Officials have not identified the driver, but a family spokesperson confirmed the death in a Thursday afternoon crash to Hearst Connecticut Media.

In a tweet, Ray Dalio - the billionaire founder of Westport, Connecticut's Bridgewater Associates, known as the world's largest hedge fund - announced his son's death and said his family was "mourning and processing and would prefer to be incommunicado for the time being."