Bill Alfond (born 1949) is an American investor, philanthropist, and billionaire. In 2022, ''

Forbes ''Forbes'' () is an American business magazine founded by B. C. Forbes in 1917. It has been owned by the Hong Kong–based investment group Integrated Whale Media Investments since 2014. Its chairman and editor-in-chief is Steve Forbes. The co ...

'' estimated his fortune at around $2.4 billion.

Biography

Alfond was born to a

Jewish Jews (, , ), or the Jewish people, are an ethnoreligious group and nation, originating from the Israelites of History of ancient Israel and Judah, ancient Israel and Judah. They also traditionally adhere to Judaism. Jewish ethnicity, rel ...

family, the son of Dorothy (née Levine) and

Harold Alfond Harold Alfond (March 6, 1914 – November 16, 2007) was an American businessman who founded the Dexter Shoe Company, established the first factory outlet store and was a minority owner of the Boston Red Sox. Early life Alfond was born in S ...

.Colby College Digital Commons: "Bibby Levine Alfond Scrapbook"
January 1, 2011 He graduated from Governor Dummer Academy (now The Governor's Academy) in 1967, where he now serves as a trustee. His father founded the Dexter Shoe Company in 1958 and sold it in 1995 for $433 million in

Berkshire Hathaway Berkshire Hathaway Inc. () is an American multinational conglomerate holding company headquartered in Omaha, Nebraska. Originally a textile manufacturer, the company transitioned into a conglomerate starting in 1965 under the management of c ...

stock. When his father died in 2007, he left his shares in Berkshire Hathaway to his four children, Ted,

Susan Susan is a feminine given name, the usual English version of Susanna or Susannah. All are versions of the Hebrew name Shoshana, which is derived from the Hebrew ''shoshan'', meaning ''lotus flower'' in Egyptian, original derivation, and severa ...

, Bill, and

Peter Peter may refer to: People * List of people named Peter, a list of people and fictional characters with the given name * Peter (given name) ** Saint Peter (died 60s), apostle of Jesus, leader of the early Christian Church * Peter (surname), a su ...

, who are now all billionaires. Alfond was president of the bowling shoe division at Dexter Shoe Company until it was sold. He is currently a director of Dexter Enterprises LLC. In 1986, he and his wife, Joan, founded the Bill and Joan Alfond Foundation.

Personal life

Alfond is married to Joan Loring, who is also Jewish. They have three children: Justin Alfond, Kenden Alfond, and Reis Alfond.Huffington Post: "Kenden Alfond"
retrieved May 7. 2016 The couple lives in Belgrade, Maine.

References

American billionaires 1949 births People from Belgrade, Maine American philanthropists Living people American people of Russian-Jewish descent Bill The Governor's Academy alumni Fenway Sports Group people Jews from Maine {{US-business-bio-1940s-stub