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American businessman From Wikipedia, the free encyclopedia
Ted Alfond (born 1945) is an American billionaire businessman.
Ted Alfond | |
---|---|
Born | 1945 (age 78–79) |
Nationality | American |
Alma mater | Rollins College |
Occupation | Businessman |
Spouse | Barbara Lawrence |
Children | 3 |
Father | Harold Alfond |
Family | Susan Alfond (sister) Bill Alfond (brother) Peter Alfond (brother) |
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]
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
Forbes estimates his net worth at US$2.5 billion (April 2023).[4]
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