Bill Alfond
Bill Alfond | |
|---|---|
| Born | 1949 |
| Occupation(s) | Investor, philanthropist |
| Known for | Billionaire status, former president of Dexter Shoe Company's bowling shoe division, director at Dexter Enterprises LLC |
| Spouse | Joan Loring |
| Children | 3 (Justin Alfond, Kenden Alfond, Reis Alfond) |
Bill Alfond (born 1949) is a prominent American billionaire, investor, and philanthropist. As of 2022, Forbes valued his fortune at around $2.4 billion.
Biography
Born into a Jewish family, Alfond is the son of Dorothy (née Levine) and Harold Alfond. He completed his education at Governor Dummer Academy (currently known as The Governor's Academy) in 1967, where he continues to contribute as a trustee. His father established the Dexter Shoe Company in 1958 and later sold it in 1995 for $433 million in stock from Berkshire Hathaway. Following Harold Alfond's passing in 2007, shares of Berkshire Hathaway were distributed among Bill and his three siblings—Ted Alfond, Susan Alfond, and Peter Alfond—each now recognized as billionaires.
Before the sale of Dexter Shoe Company, Bill Alfond led its bowling shoe division as president. He presently holds a directorial position at Dexter Enterprises LLC.
Together with his wife Joan, he founded the Bill and Joan Alfond Foundation in 1986.
Personal life
Bill Alfond is married to Joan Loring, who shares his Jewish heritage. The couple has three children: Justin Alfond, Kenden Alfond, and Reis Alfond. They reside in Belgrade, Maine.