Bill Alfond is an American billionaire and philanthropist who is best known for his significant contributions to various charitable causes, including education, healthcare, and the arts. He is the heir to the Dexter Shoe fortune and has leveraged his wealth and influence to make a positive impact on society. Alfond’s net worth is estimated at $1.1 billion, according to Forbes.
Early Life and Education
Bill Alfond was born on October 9, 1972 in Maine, United States. He is the son of Susan and Harold Alfond, who were the founders of The Dexter Shoe Company. Bill grew up in a family of entrepreneurs and was raised with a strong work ethic. He attended Lawrence Academy in Massachusetts and later went to Rollins College, where he earned a bachelor’s degree in economics.
Career and Achievements
After completing his education, Alfond started his career in business and finance. He held several leadership roles in the family-owned Dexter Shoe Company, including serving as the Vice President of Finance and as a Director. In 1999, the company was sold to Warren Buffet’s Berkshire Hathaway for $433 million.
Following the sale of the Dexter Shoe Company, Alfond shifted his focus to philanthropy and investing. He founded The Alfond Foundation, a non-profit organization that supports various causes such as education, healthcare, and the arts. Over the years, the foundation has donated millions of dollars to institutions such as Harvard University, Yale University, the Maine Children’s Cancer Program, and the Boston Museum of Fine Arts.
In addition to his philanthropic work, Alfond is also an accomplished investor. He co-founded a private equity firm called Founders Equity, which has invested in a diverse range of industries including healthcare, technology, and consumer products.
Bill Alfond is married to Sally Hancock, and they have three children together. The family resides in Florida, where Alfond is actively involved in various philanthropic organizations and initiatives.
|Born:||October 9, 1972|
|Sector:||Investment and Philanthropy|
|Companies:||Founders Equity, The Alfond Foundation|
|Net Worth:||$1.1 billion|