Bridgewater's Steinberg Killed in Plane Crash With Family

  • Steinberg, his wife and their three sons died in Costa Rica
  • It’s a ‘devastating tragedy,’ Bridgewater’s Ray Dalio says
The site of a plane crash in Punta Islita, Guanacaste, Costa Rica on Dec. 31.Photographer: Costa Rica Civil Aviation Press Office via AP Photo
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Bridgewater Associates executive Bruce Steinberg and his family were among 10 Americans killed when a charter plane crashed into a mountain in Costa Rica on Sunday.

“The Bridgewater family lost Bruce Steinberg (a senior investor at Bridgewater and a wonderful man) and his family,” Ray Dalio, the founder of the Westport, Connecticut-based hedge fund, said in a statement on social media Monday. “Right now, we are each processing this devastating tragedy in our own ways. At this time I will be devoting my attentions to doing this and helping others.”