Peter Alfond

$1.40 B

Ranked #1468 in World

About Peter Alfond

Peter Alfond (1952-2017), an American billionaire known for his investment prowess and philanthropic efforts, began his life on May 17, 1952, into a Jewish family as the son of Dorothy (née Levine) and Harold Alfond, the founder of Dexter Shoe Company. A 1975 Rollins College graduate, Peter later established the Peter Alfond Foundation in 1993, aiming to bolster educational and wellness initiatives across New England and the Caribbean. Under his guidance, the foundation enabled significant contributions, including a notable $8 million to the Alfond Youth and Community Center and $40 million to MaineGeneral Health. Alfond, survived by his wife Karen Lynn and their children Rebekah, Kyle, & Sarah, passed away on July 10, 2017, due to malaria complications after a trip to Africa.

Born

May 17, 1952 in Waterville, Maine, U.S.

Died

July 10, 2017 (aged 65)

Source Of Wealth

Shoes

Industries

Fashion & Retail

Citizenship

United States

Spouse

Karen Lynn (Married: 1976; Divorced: 1992)

Children

Peter Alfond was born on May 17, 1952, into a Jewish family in the United States. His parents were Dorothy (née Levine) and businessman-philanthropist Harold Alfond. Peter Alfond graduated from Rollins College in 1975.

Peter Alfond: Family

Peter Alfond's father, Harold Alfond, founded the Dexter Shoe Company in 1958 and later sold it in 1995 for $433 million worth of Berkshire Hathaway stock. Peter Alfond was married to Karen Lynn, whom he met while studying at Rollins College. They had three children together: Rebekah, Kyle, and Sarah.

Peter Alfond: Career Highlights

Peter Alfond established the Peter Alfond Foundation in 1993. The foundation's mission is to invest in innovative educational and wellness opportunities to strengthen communities in New England and the Caribbean. Through the foundation, Peter Alfond made substantial one-time grants in 2020, including $8 million to the Alfond Youth and Community Center, $40 million to MaineGeneral Health, $10 million to the Vimenti Charter School, and $2 million to the Teaching Kitchen Collaborative. Additionally, the foundation provides smaller annual grants to organizations within its geographic and programmatic focus areas.

Peter Alfond: Companies

Peter Alfond was involved with the Dexter Shoe Company, founded by his father, Harold Alfond. The company was sold in 1995 to Berkshire Hathaway.

Peter Alfond: Major Achievements

Peter Alfond's significant achievements include establishing the Peter Alfond Foundation and making substantial contributions to various educational and wellness initiatives in New England and the Caribbean. His philanthropic efforts have positively impacted numerous communities and organizations.

Peter Alfond: Awards & Achievements

There is no information provided about specific awards or achievements received by Peter Alfond.

Peter Alfond: Personal Life & Legacy

Peter Alfond was married to Karen Lynn, and they had three children together: Rebekah, Kyle, and Sarah. He passed away on July 10, 2017, at the age of 65 due to complications from malaria contracted during a trip to Africa. Peter Alfond's legacy is marked by his philanthropic contributions and dedication to improving the lives of others through education and wellness initiatives.

Peter Alfond: Trivia

No trivia information is provided about Peter Alfond.

Wealth History

Timeline

May 17, 1952

Peter Alfond is born to a Jewish family in the United States.

1975

Peter Alfond graduates from Rollins College.

1993

Peter Alfond creates the Peter Alfond Foundation.

1995

Peter Alfond's father, Harold Alfond, sells the Dexter Shoe Company for $433 million of Berkshire Hathaway stock.

2020

Peter Alfond makes substantial one-time grants to various organizations, including $8 million to the Alfond Youth and Community Center, $40 million to MaineGeneral Health, $10 million to the Vimenti Charter School, and $2 million to the Teaching Kitchen Collaborative.

July 10, 2017

Peter Alfond dies at the age of 65 due to complications from malaria contracted during a trip to Africa.

Peter Alfond : FAQs

What is Peter Alfond's net worth?

As of 2017, Peter Alfond's net worth was $1.40 billion.

What are Peter Alfond's main sources of wealth?

Peter Alfond's main source of income comes from Shoes.

In which industry does Peter Alfond primarily operate?

Peter Alfond is primarily involved in the Fashion & Retail industry.

Is Peter Alfond dead?

Yes, Peter Alfond died on July 10, 2017 (aged 65).

How many children does Peter Alfond have?

Peter Alfond has 4 children.

Who was Peter Alfond and what is his legacy?

Peter Alfond was an American billionaire, investor, and philanthropist, known for his contributions through the Peter Alfond Foundation, focusing on educational and wellness opportunities in New England and the Caribbean. He passed away in 2017, leaving a significant philanthropic legacy.

Can you tell me about Peter Alfond's early life and family background?

Peter Alfond was born on May 17, 1952, into a Jewish family, to Dorothy (née Levine) and Harold Alfond, a prominent businessman and philanthropist. He graduated from Rollins College in 1975, marking the start of a successful career influenced by his familial roots.

How did Peter Alfond contribute to his community and what were some key donations he made?

Through the Peter Alfond Foundation, established in 1993, he invested in educational and wellness opportunities, making significant donations including $8 million to the Alfond Youth and Community Center, $40 million to MaineGeneral Health, and $10 million to the Vimenti Charter School, among others.

What was Peter Alfond's family life like?

Peter Alfond was married to Karen Lynn, whom he met at Rollins College. Together, they had three children: Rebekah, Kyle, and Sarah. His family life was closely knit and imbued with the values of community and philanthropy.

How and when did Peter Alfond pass away?

Peter Alfond died on July 10, 2017, at the age of 65. His death was due to complications from malaria, which he contracted during a trip to Africa, marking the end of a life dedicated to philanthropy and community engagement.