Peter Alfond (May 17, 1952 – July 10, 2017) was an American billionaire, investor, and philanthropist.

Early life

Peter 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 businessman-philanthropist

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 Alfond graduated from

Rollins College Rollins College is a Liberal arts college, private liberal arts college in Winter Park, Florida. It was founded in November 1885 and has about 30 undergraduate majors and several master's programs. Florida's fourth oldest post-secondary institut ...

in 1975.

Career

Harold Alfond founded the Dexter Shoe Company in 1958 and sold it in 1993 for $433 million of

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. In 1993, he created the Peter Alfond Foundation whose mission is to invest in innovative educational and wellness opportunities that strengthen communities, making meaningful, positive, and direct impact in New England and the Caribbean. In 2020, the foundation made substantial one-time grants, including $8 million to the Alfond Youth and Community Center, $40 million to MaineGeneral Health, $10 million to the Vimenti Charter School, and $2 million to the Teaching Kitchen Collaborative. It also makes smaller annual grants to organizations in its geographic and programmatic focus area.

Personal life

Alfond was married to K. Lynn, they met at Rollins College in Winter Park, Florida and had children: Rebekah, Kyle, V & Sarah.

Death

Peter Alfond died on July 10, 2017, of complications from

malaria Malaria is a Mosquito-borne disease, mosquito-borne infectious disease that affects vertebrates and ''Anopheles'' mosquitoes. Human malaria causes Signs and symptoms, symptoms that typically include fever, Fatigue (medical), fatigue, vomitin ...

, which he contracted while on a trip to Africa. He was 65 years old.

References

{{DEFAULTSORT:Alfond, Peter 1952 births 2017 deaths Deaths from malaria People from Waterville, Maine Rollins College alumni Businesspeople from Maine American billionaires American philanthropists

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 ...

American people of Russian-Jewish descent Jews from Maine Jews from Florida