Bill Alfond
Fashion & Retail

Bill Alfond Net Worth

1 year from now

Bill Alfond was born in 1949 in Belgrade, Maine, United States. His father, Harold Alfond, was a factory worker who never went to college, but was able to buy an old shoe factory and start the Norrwock Shoe Company, which he sold for $1 million in 1944. Fourteen years later, he bought an old mill in Dexter, Maine and turned it into the Dexter Shoe Company, which he sold to Warren Buffett in 1993 for a chunk of Berkshire Hathaway stock. The Alfonds have since made a fortune from the rising value of those shares, and Harold focused on philanthropy before his death in 2007. Bill and his two siblings are now billionaires, and the family owns a small stake in Fenway Sports Group, which owns the Boston Red Sox and Liverpool FC, as well as stakes in Roush Fenway Racing and New England Sports Network.
Bill Alfond is a member of Fashion & Retail

Age, Biography and Wiki

Birth Year 1949
Birth Place Belgrade, Maine, United States
Age 74 YEARS OLD
Residence Belgrade, Maine
Occupation investor, philanthropist
Spouse(s) Joan Loring
Children Justin Alfond Kenden Alfond Reis Alfond
Parent(s) Dorothy Levine Alfond Harold Alfond
Family Susan Alfond (sister) Peter Alfond (brother) Ted Alfond (brother)

💰 Net worth: $2.5 Billion (2024)

Bill Alfond, a well-known figure in the fashion and retail industry in the United States, is estimated to have a net worth of $2.5 billion by 2024. As a prominent entrepreneur and investor, Alfond has made significant contributions to the growth and success of various fashion and retail businesses. With his keen business acumen and strategic decision-making, he has amassed incredible wealth over the years. His contributions have not only earned him substantial financial success but have also established him as a respected figure in the industry.

2016 $1.1 Billion
2017 $1.4 Billion
2018 $1.59 Billion

Biography/Timeline

1958

Bill Alfond was born to a Jewish family, the son of Dorothy (née Levine) and Harold Alfond. His Father founded the Dexter Shoe Company in 1958 and sold it in 1995 for $433 million of Berkshire Hathaway 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.

Some Bill Alfond images

Tags American billionaires 1949 births People from Belgrade, Maine Jewish American philanthropists Living people Alfond family American business biography, 1940s birth stubs

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About the author

Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.