Ted Alfond

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Ted Alfond
Born1945 (age 73–74)
EducationRollins College
Occupationinvestor, philanthropist
Net worthIncrease $1.1 Billion USD (April 2016)[1]
Spouse(s)Barbara Lawrence
ChildrenJohn Alfond
Jenny Alfond Seeman
Katharine Alfond Donahue
Parent(s)Dorothy Levine Alfond
Harold Alfond
FamilySusan Alfond (sister)
Bill Alfond (brother)
Peter Alfond (brother)

Ted Alfond (born 1945) is an American investor, philanthropist, and billionaire.


Ted Alfond was born to a Jewish family, the son of Dorothy (nee Levine) and Harold Alfond.[2][3][4] His father founded the Dexter Shoe Company in 1958 and sold it in 1995 for $433 million of Berkshire Hathaway stock.[2] 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.[1] 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]

Personal life[edit]

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