Bill Alfond (born 1949) is an American investor, philanthropist, and billionaire. In 2022, ''

Forbes ''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also re ...

'' estimated his fortune at around $2.4 billion.

Biography

Alfond was born to a

Jewish Jews ( he, יְהוּדִים, , ) or Jewish people are an ethnoreligious group and nation originating from the Israelites Israelite origins and kingdom: "The first act in the long drama of Jewish history is the age of the Israelites""The ...

family, the son of Dorothy (née Levine) and

Harold Alfond Harold Alfond (March 6, 1914 – November 16, 2007) was an American businessman who founded the Dexter Shoe Company and established the first factory outlet store. Early life Alfond was born in Swampscott, Massachusetts, on March 6, 1914, ...

.Colby College Digital Commons: "Bibby Levine Alfond Scrapbook"
January 1, 2011 He graduated from

Governor Dummer Academy The Governor's Academy is an independent school north of Boston located on in the village of Byfield, Massachusetts, United States (town of Newbury), north of Boston. The Academy enrolls approximately 412 students in grades nine through twelv ...

(now The Governor’s Academy) in 1967, where he now serves as a trustee. His father founded the Dexter Shoe Company in 1958 and sold it in 1995 for $433 million of

Berkshire Hathaway Berkshire Hathaway Inc. () is an American Multinational corporation, multinational conglomerate (company), conglomerate holding company headquartered in Omaha, Nebraska, United States. Its main business and source of capital is insurance, from ...

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 Justin Loring Alfond (born January 8, 1975) is an American politician and real estate developer. He served as a Democratic State Senator from the 8th District, which represents much of Portland. Alfond was first elected to the State Senate in 200 ...

, Kenden Alfond, and Reis Alfond.Huffington Post: "Kenden Alfond"
retrieved May 7. 2016 The couple lives in

Belgrade, Maine Belgrade is a town in Kennebec County, Maine, United States. Its population was 3,250 at the 2020 census. However, its population approximately doubles during the summer months as part-year residents return to seasonal camps on the shores of Gre ...

References

American billionaires 1949 births People from Belgrade, Maine Jewish American philanthropists Living people

Bill Bill(s) may refer to: Common meanings * Banknote, paper cash (especially in the United States) * Bill (law), a proposed law put before a legislature * Invoice, commercial document issued by a seller to a buyer * Bill, a bird or animal's beak Plac ...

The Governor's Academy alumni Fenway Sports Group people {{US-business-bio-1940s-stub