#1211
Susan Alfond
United States 80 years old
Overview
- Source of Wealth
- Shoes
- Industry
- Fashion & Retail
- Residence
- Scarborough, Maine
- Children
- 3
Assets
- Berkshire Hathaway Inc. (Cl A)3,143 shares @ --BRK.A-US
Biography
Susan Alfond and her three siblings inherited a fortune created by their father, who started Dexter Shoe Company.
Her father, Harold Alfond, bought an old mill in Maine in 1958 and turned it into a shoemaker that sold millions of boots and casual shoes.
In 1993 Harold sold the company to Warren Buffett's Berkshire Hathaway for $420 million of stock; the shares are worth billions of dollars now.
Susan's youngest sibling, Peter, died in 2017 at age 65 from malaria, which he contracted during a trip to Africa.