Bill Alfond (born 1949) is an American investor, philanthropist, and billionaire.
Biography
Bill Alfond was born to a Jewish family, the son of Dorothy (née Levine) and Harold Alfond. His father founded the Dexter Shoe Company in 1958 and sold it in 1995 for $433 million of Berkshire Hathaway stock. When his father died in 2007, he left his shares in Berkshire Hathaway to his four children, Ted, Susan, Bill, and Peter, who are now all billionaires.
Personal life
Alfond is married to Joan Loring, who is also Jewish; they have three children: Justin Alfond, Kenden Alfond, and Reis Alfond. The couple lives in Belgrade, Maine.
Summary
| Bill Alfond | |
|---|---|
| Born | 1949 (age 67–68) |
| Residence | Belgrade, Maine |
| Occupation | investor, philanthropist |
| Net worth |  $1.1 Billion USD (April 2016) |
| Spouse(s) | Joan Loring |
| Children | Justin Alfond Kenden Alfond Reis Alfond |
| Parent(s) | Dorothy Levine Alfond Harold Alfond |
| Family | Susan Alfond (sister) Peter Alfond (brother) Ted Alfond (brother) |
- Bill Alfond is one of four heirs who are billionaires thanks to Warren Buffett’s purchase of the Dexter Shoe Company.
- Bill’s father, Harold Alfond, bought an old mill in Maine in 1958 and turned it into a shoemaker that sold millions of boots and casual shoes a year.
- In 1993 Harold sold the company to Buffett for about $420 million in Berkshire Hathaway stock, now worth billions due to the rising share price.
- Bill and his two siblings, Ted and Susan, also share about 4% of Fenway Sports Group, which owns the Boston Red Sox and Liverpool FC.
- Bill’s youngest sibling, Peter, died in July 2017 at age 65 from malaria, which he contracted during a trip to Africa.
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