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

Biography

Ted Alfond was born to a Jewish family, the son of Dorothy (nee 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 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. In 1968, he 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 ...

and after school, he worked as executive vice president of Dexter Shoe Company. He is a part owner of the

Boston Red Sox The Boston Red Sox are an American professional baseball team based in Boston. The Red Sox compete in Major League Baseball (MLB) as a member club of the American League (AL) East division. Founded in as one of the American League's eight ...

Personal life

Alfond is married to Barbara Lawrence whom he met in college; they have three children: John Alfond, Jenny Alfond Seeman, and Katharine Alfond Donahue. He lives in

Weston, Massachusetts Weston is a town in Middlesex County, Massachusetts, Middlesex County, Massachusetts, about 15 miles west of Boston. At the time of the 2020 United States Census, the population of Weston was 11,851. Weston was incorporated in 1713, and protectio ...

References

American billionaires 1945 births Living people Rollins College alumni Businesspeople from Maine Boston Red Sox executives

Ted TED may refer to: Economics and finance * TED spread between U.S. Treasuries and Eurodollar Education * ''Türk Eğitim Derneği'', the Turkish Education Association ** TED Ankara College Foundation Schools, Turkey ** Transvaal Education Depa ...

Jewish American baseball people Fenway Sports Group people {{US-business-bio-1940s-stub