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Ted Alfond

From Wikipedia, the free encyclopedia
American businessman (born 1945)
Ted Alfond
Born1945 (age 80–81)
Alma materRollins College
OccupationBusinessman
SpouseBarbara Lawrence
Children3
FatherHarold Alfond
FamilySusan Alfond (sister)
Bill Alfond (brother)
Peter Alfond (brother)

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

Biography

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Ted Alfond was born to a Jewish family, the son of Dorothy (née Levine) andHarold Alfond.[1][2][3] His father founded the Dexter Shoe Company in 1958 and sold it in 1995 for $433 million ofBerkshire 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 fromRollins College and after school, he worked as executive vice president of Dexter Shoe Company. He is a part owner of theBoston Red Sox.[5][6]

Personal life

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Alfond is married to Barbara Lawrence[7] whom he met in college; they have three children:[5] John Alfond,[8] Jenny Alfond Seeman,[9] and Katharine Alfond Donahue.[10] He lives inWeston, Massachusetts

Net worth

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

References

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  1. ^abPérez-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, SteveThe Jewish Phenomenon: Seven Keys to the Enduring Wealth of a People p. 89
  4. ^ab"Forbes profile: Ted Alfond".Forbes. Retrieved11 May 2019.
  5. ^ab"Harold Alfond (1914-2007) - Business Leader and Strong Supporter of the Rollins Sports Program".Rollins College.
  6. ^Bernstein, David S. (2022-10-04)."The Boston Billionaires Club".Boston Magazine. Retrieved2026-02-05.
  7. ^Bourbon, Julie (September 2014)."Going all in for the Alfond Inn: How One Board Helped Bring a Big Idea to Fruition".AGB Trusteeship Magazine.
  8. ^"Jill Landman And John Alfond".The New York Times. April 5, 1998.
  9. ^"Jennifer Alfond, Thomas Seeman".The New York Times. June 15, 1997.
  10. ^"Katharine Alfond, Joseph Donahue".The New York Times. September 28, 1997.
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