Peter Alfond (May 17, 1952 – July 10, 2017) was an American billionaire, investor, and philanthropist.

Early life

Peter 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 businessman-philanthropist

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 Alfond graduated from

Rollins College Rollins College is a private college in Winter Park, Florida. It was founded in November 1885 and has about 30 undergraduate majors and several graduate programs. It is Florida's fourth oldest post-secondary institution. History Rollins Colle ...

in 1975.

Career

Harold Alfond 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. In 1993, he created the Peter Alfond Foundation whose mission is to invest in innovative educational and wellness opportunities that strengthen communities, making meaningful, positive, and direct impact in New England and the Caribbean. In 2020, the foundation made substantial one-time grants, including $8 million to the Alfond Youth and Community Center, $40 million to MaineGeneral Health, $10 million to the Vimenti Charter School, and $2 million to the Teaching Kitchen Collaborative. It also makes smaller annual grants to organizations in its geographic and programmatic focus area.

Personal life

Alfond was married to Karen Benson, they met at Rollins College in Winter Park, Florida and had four children: Rebekah, Kyle, Sarah, and Devorah.

Death

Peter Alfond died on July 10, 2017, of complications from

malaria Malaria is a mosquito-borne infectious disease that affects humans and other animals. Malaria causes symptoms that typically include fever, tiredness, vomiting, and headaches. In severe cases, it can cause jaundice, seizures, coma, or death. S ...

, which he contracted while on a trip to Africa. He was 65 years old.

References

{{DEFAULTSORT:Alfond, Peter 1952 births 2017 deaths Deaths from malaria People from Waterville, Maine Rollins College alumni Businesspeople from Maine American billionaires Jewish American philanthropists American philanthropists

Peter Peter may refer to: People * List of people named Peter, a list of people and fictional characters with the given name * Peter (given name) ** Saint Peter (died 60s), apostle of Jesus, leader of the early Christian Church * Peter (surname), a sur ...