Portrait of Susan Alfond

Rank #1256

Susan Alfond

Net worth $3.4B

Shoes · United States

Born
Jul 19, 1945
Age
80
Source
Shoes
Residence
Scarborough, Maine
Citizenship
United States
Marital status
Children
3
Education

Net worth over time

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.

Financial assets

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