Bill Alfond | $1B+

Billionaire

Jul 23

Get in touch with Bill Alfond | Bill Alfond is an American investor and philanthropist who inherited a billion-dollar fortune when his father, Harold Alfond, exchanged Dexter Shoe Company for Berkshire Hathaway stock. A trustee and Maine community supporter, he co-founded the Bill & Joan Alfond Foundation and holds a minority stake in Fenway Sports Group alongside his siblings.

Bill Alfond (born 1949) is an American investor, philanthropist, and billionaire. In 2022, Forbes estimated his fortune at around $2.4 billion.[1]

William L. Alfond
Born 1949 (age 75–76)
Alma mater Colby College
The Governor's Academy
Occupation(s) investor, philanthropist
Spouse Joan Loring
Children 3
Father Harold Alfond
Family Susan Alfond (sister)
Peter Alfond (brother)
Ted Alfond (brother)

Biography

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Alfond was born to a Jewish family, the son of Dorothy (née Levine) and Harold Alfond.[2][3][4] He graduated from Governor Dummer Academy (now The Governor's Academy) in 1967, where he now serves as a trustee.[5] His father founded the Dexter Shoe Company in 1958 and sold it in 1995 for $433 million in Berkshire Hathaway stock.[2] 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.[6]

Alfond was president of the bowling shoe division at Dexter Shoe Company[7] until it was sold. He is currently a director of Dexter Enterprises LLC.[8]

In 1986, he and his wife, Joan, founded the Bill and Joan Alfond Foundation.

Personal life

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Alfond is married to Joan Loring, who is also Jewish.[9] They have three children: Justin Alfond, Kenden Alfond, and Reis Alfond.[10][11] The couple lives in Belgrade, Maine.

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