Ted Alfond Biography
Ted Alfond is a renowned American Billionaire Businessman whose father established the Dexter Shoe Company in 1958 and sold it in 1995 for $433 million of Berkshire Hathaway stock. He graduated from Rollins College in 1968. After school, he operated as executive vice president of Dexter Shoe Company. He is a part-owner of the Boston Red Sox.
Alfond has been actively involved in philanthropy throughout his career and has served on the board of directors for various nonprofit organizations, including the Harold Alfond Foundation.
10 Quick Facts About Ted Alfond
- Name: Ted Alfond
- Age: 78 Years (2023)
- Birthday: September
- Zodiac Sign: Virgo
- Height: Average
- Nationality: American
- Occupation: Billionaire Businessman
- Marital Status: Married
- Salary: Not Available
- Net worth: $2.5 Billion
Ted Alfond Age
Alfond is 78 years old as of 2023, he was born in September 1945, in Belgrade Lakes, Maine, United States. He celebrates his birth in September every year, and his birth sign is Virgo.
Ted Alfond Height
Alfond stands at an average height. He appears to be quite tall in stature if his photos, relative to his surroundings, are anything to go by. Nonetheless, details regarding his actual height and other body measurements are currently not publicly available. We will update this section when the information is available.
Ted Alfond Weight
Alfond has a moderate weight. However, details regarding his actual weight and other body measurements are currently not publicly available. We will update this section when the information is available.
Ted Alfond Early Life and Education
Alfond studied and graduated from Rollins College. After school, he worked as executive vice president of Dexter Shoe Company. He is a component owner of the Boston Red Sox.
Ted Alfond Parents
Alfond was born to a Jewish family. He is the son of Dorothy ( Levine) (mother) and Harold Alfond (father). 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 spent his childhood alongside his two brothers namely; Bill Alfond, and Peter Alfond and his sister named Susan Alfond.
Ted Alfond Wife
Alfond is a married man. He is married to his lovely wife, 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 are proud parents of two daughters namely; Jenny Alfond Seeman, and Katharine Alfond Donahue, and a son named John Alfond.
Ted Alfond Net Worth
Alfond has an estimated net worth of $2.5 Billion as of 2023. This includes his assets, money, and income. His primary source of income is his career as a Businessman. Through his various sources of income, Ted has been able to accumulate good fortune but prefers to lead a modest lifestyle.
Ted Alfond Facts and Body Measurements
Here are some interesting facts and body measurements you should know about Ted Alfond.
Ted Alfond Wiki
- Full Names: Ted Alfond
- Popular As: Businessman
- Gender: Male
- Occupation / Profession: Billionaire Businessman
- Nationality: American
- Race / Ethnicity: Not Known
- Religion: Not Known
- Sexual Orientation: Straight
Ted Alfond Birthday
- Age / How Old?: 78 Years (2023)
- Zodiac Sign: Virgo
- Date of Birth: September 1945
- Place of Birth: Belgrade Lakes, Maine, United States
- Birthday: September
Ted Alfond Body Measurements
- Body Measurements: To be updated
- Height / How Tall?: Average
- Weight: Moderate
- Eye Color: To be updated
- Hair Color: To be updated
- Shoe Size: To be updated
Ted Alfond Family and Relationship
- Father (Dad): Harold Alfond
- Mother: Dorothy ( Levine)
- Siblings (Brothers and Sisters): Bill Alfond, Peter Alfond, Susan Alfond
- Marital Status: Married
- Dating / Girlfriend: Barbara Lawrence
- Children: Jenny Alfond Seeman, Katharine Alfond Donahue, John Alfond
Ted Alfond Net Worth and Salary
- Net Worth: $2.5 billion
- Salary: To be updated
- Source of Income: Businessman
Ted Alfond Early Career Experiences
Alfond started his career by working at the Dexter Shoe Company, the retail chain co-founded by his father. He held various positions at the company, including working on the production line and in the marketing department. Co-founded a startup: After leaving Dexter Shoe Company, Alfond co-founded a startup called RYZ, which produced stylish sneakers for men.
The company was aimed at bridging the gap between high-end designer sneakers and athletic sneakers. However, the company struggled to gain traction and eventually shut down. Alfond has been involved in various philanthropic ventures throughout his career.
He has served on the board of directors for various nonprofit organizations, including the Harold Alfond Foundation, which was founded by his father to support education, healthcare, and youth development initiatives in Maine.
Alfond has also been involved in real estate development. He has invested in and developed various properties, including residential and commercial buildings. Alfond is also a co-owner of the Portland Sea Dogs, a minor-league baseball team based in Portland, Maine. The team is affiliated with the Boston Red Sox and plays in the Eastern League.
Ted Alfond Rise To Fame
Alfond was born into a family of successful entrepreneurs. His father, Harold Alfond, co-founded the Dexter Shoe Company, which grew to become one of the largest shoe manufacturers in the world. Ted inherited his father’s business acumen and joined the family business at a young age.
After leaving the Dexter Shoe Company, Ted co-founded a startup called RYZ. The company aimed to bridge the gap between high-end designer sneakers and athletic sneakers by producing stylish sneakers for men. Although RYZ struggled to gain traction, the company helped to establish Ted as an entrepreneur in his own right.
Ted Alfond Sports Center
The Ted Alfond Sports Center is a multi-purpose sports facility located at the Kents Hill School in Kents Hill, Maine, USA. The facility was made possible by a generous donation from the Harold Alfond Foundation, which was founded by Ted’s father to support education, healthcare, and youth development initiatives in Maine.
The Ted Alfond Sports Center features an Olympic-sized swimming pool, a state-of-the-art fitness center, a basketball court, a hockey rink, and other sports facilities. The facility is used by the Kents Hill School community as well as by local sports teams and organizations. The center is named after Alfond in recognition of his contributions to the Harold Alfond Foundation and his commitment to supporting sports and education initiatives in Maine.
Ted Alfond 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.”
Ted Alfond Accomplishments
- Real Estate Development: Alfond has been involved in real estate development for many years. He has invested in and developed various properties, including residential and commercial buildings. In 2019, he was involved in the development of a luxury hotel in Kennebunkport, Maine, called The Grand Hotel.
- Sports Team Ownership: Alfond is a co-owner of the Portland Sea Dogs, a minor league baseball team based in Portland, Maine. The team is affiliated with the Boston Red Sox and plays in the Eastern League. Under his ownership, the Sea Dogs have become one of the most successful minor league baseball teams in the country.
- Business Ventures: Alfond co-founded RYZ, a startup that produced stylish sneakers for men. Although the company eventually shut down, it helped to establish him as an entrepreneur in his own right. He has also served as the CEO of Dexter Shoes, the retail chain co-founded by his father.
- Education: Alfond has been actively involved in supporting education initiatives in Maine. He has served on the board of directors for the University of New England and has donated to various educational institutions in the state.
Ted Alfond Quotes
Frequently Asked Questions About 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.
Alfond is an American national born in 1945, in the United States of America.
Alfond stands at average height, he has not shared his height with the public. His height will be listed once we have it from a credible source.
Yes, he is married to Barbara Lawrence. Together they have three children. The couple resides in Weston, Massachusetts together with their children.
Alfond has an approximate net worth of $2.5 billion USD million. This amount has been accrued from his leading roles in the business industry.
Alfond has not revealed his salary. However, this section is under review, we will update you when details about his salary are revealed.
Alfond is a resident of Weston, Massachusetts, USA, we shall upload pictures of his house as soon as we have them.
Alfond is alive and in good health. There have been no reports of him being sick or having any health-related issues.
Alfond has worked as executive vice president of Dexter Shoe Company. He is a part owner of the Boston Red Sox.
Ted Alfond Contacts
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