Ted Alfond

Ted Alfond (born 1945) is an American billionaire businessman.

Ted Alfond
Born1945 (age 77–78)
NationalityAmerican
Alma materRollins College
OccupationBusinessman
SpouseBarbara Lawrence
Children3
Parent
FamilySusan Alfond (sister)
Bill Alfond (brother)
Peter Alfond (brother)

Biography

Ted Alfond was born to a Jewish family, the son of Dorothy (nee Levine) and Harold Alfond.[1][2][3] His father founded the Dexter Shoe Company in 1958 and sold it in 1995 for $433 million of Berkshire Hathaway stock.[1] 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.[4] In 1968, he graduated from Rollins College and after school, he worked as executive vice president of Dexter Shoe Company. He is a part owner of the Boston Red Sox.[5]

Personal life

Alfond is married to Barbara Lawrence[6] whom he met in college; they have three children:[5] John Alfond,[7] Jenny Alfond Seeman,[8] and Katharine Alfond Donahue.[9] He lives in Weston, Massachusetts

Net worth

Forbes estimates his net worth at US$2.5 billion (April 2023).[4]

References
  1. Pérez-Peña, RICHARD (November 17, 2007). "Harold Alfond, Donor and Shoe Factory Owner, Dies at 93". The New York Times.
  2. Colby College Digital Commons: "Bibby Levine Alfond Scrapbook" January 1, 2011
  3. Silbiger, Steve The Jewish Phenomenon: Seven Keys to the Enduring Wealth of a People p. 89
  4. "Forbes profile: Ted Alfond". Forbes. Retrieved 11 May 2019.
  5. "Harold Alfond (1914-2007) - Business Leader and Strong Supporter of the Rollins Sports Program". Rollins College.
  6. Bourbon, Julie (September 2014). "Going all in for the Alfond Inn: How One Board Helped Bring a Big Idea to Fruition". AGB Trusteeship Magazine.
  7. "Jill Landman And John Alfond". The New York Times. April 5, 1998.
  8. "Jennifer Alfond, Thomas Seeman". The New York Times. June 15, 1997.
  9. "Katharine Alfond, Joseph Donahue". The New York Times. September 28, 1997.
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