Ted Alfond Biography, Age, Wife, Parents, Dexter Shoes, And Net Worth.

Publish date: 2024-05-06

Ted Alfond Biography And Wiki

Ted Alfond is an American Billionaire Businessman whose father founded the Dexter Shoe Company in 1958 and sold it in 1995 for $433 million of Berkshire Hathaway stock.

Alfond graduated from Rollins College in 1968. After school, he worked as executive vice president of Dexter Shoe Company. He is a part-owner of the Boston Red Sox.

Ted Alfond Age And Wiki

He is 75 years old as of 2020, he was born in September 1945 in Belgrade Lakes, Maine, US.  He is 73 years old.

Ted Alfond Height And Weight

He appears to be quite tall in stature in his photos, relative to his surroundings, which are anything to go by. However, details regarding his actual height and other body measurements are currently not publicly available. We are keeping tabs and will update this information once it is out.

Ted Alfond Education

He graduated from Rollins College in 1968.

Ted Alfond Parents

Alfond was born to a Jewish family. He is the son of Dorothy ( Levine) and Harold Alfond. His father was the founder of the Dexter Shoe Company in 1958. He later sold it in 1995 for $433 million of Berkshire Hathaway stock.

Ted Alfond Siblings

Alford has three siblings namely; Susan Alfond (sister) Bill Alfond (brother) Peter Alfond (brother).

Ted Alfond Wife

Alfond is a married man. He is married to Barbara Lawrence. Alfond and Barbara met when they were in college. The couple has three children; John Alfond, Jenny Alfond Seeman, and Katharine Alfond Donahue. He and his family live in Weston, Massachusetts.

Ted Alfond Children

Alford together with his wife, Barbara Lawrence have three John Alfond, Jenny Alfond Seeman, Katharine Alfond Donahue

Ted Alfond Facts and Body Measurements

Dexter Shoes

Harold, Alfond’s father was the founder of Dexter Shoes. He purchased an old woolen mill in Dexter, Maine, in 1956 and founded Dexter Shoe Company. There, he produced shoes for the private label catalog market, supplying stores such as Sears, JC Penney, Spiegel, and Montgomery Ward & Co.

Dexter Shoe company was successful from the beginning, but Harold was tired of being controlled by a few large customers. He, therefore, decided to go into the “branded” business. He developed a line of shoes under the Dexter name, hired a sales force and began selling to independent shoe stores across the country. In 1993, Dexter Shoe and its affiliates, Pan Am Shoe and Ocsap Ltd., were sold for $433 million in stock. Eight years later, Warren Buffett decided to fold Dexter into another business, admitting in 2008 that it was “the worst deal that I’ve made.”

Net worth

He has enjoyed a long career in the business industry for a long time. Through proceeds from his work as a businessman, he has been able to accumulate a huge fortune. Ted is estimated to have a net worth of about $1.5 billion USD million.

Frequently Asked Questions About Ted Alfond

Who is Ted Alfond?

Ted Alfond is an American Billionaire Businessman, whose father founded the Dexter Shoe Company in 1958 and sold it in 1995 for $433 million of Berkshire Hathaway stock.

How old is Ted Alfond?

He is an American national born in 1945, United States of America.

How tall is Ted Alfond?

He has not shared his height with the public. His height will be listed once we have it from a credible source.

Is Ted Alfond married?

Yes, he is married to Barbara Lawrence. Together they have three children. The couple resides in Weston, Massachusetts together with their children.

How much is Ted Alfond worth?

He has an approximate net worth of $1.5 billion USD million. This amount has been accrued from his leading roles in the business industry.

How much does Ted Alfond make?

He has not revealed his salary. However, this section is under review, we will update you when details about his salary are revealed.

Where does Ted live?

Because of security reasons, he has not shared his precise location of residence. We will immediately update this information if we get the location and images of his house.

Is Ted dead or alive?

He is alive and in good health. There have been no reports of him being sick or having any health-related issues.

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