DoomsdaysCW<p><a href="https://kolektiva.social/tags/Maine" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Maine</span></a> <a href="https://kolektiva.social/tags/billionaire" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>billionaire</span></a> makes it onto list of richest Americans</p><p>by Bill Trotter, Bangor Daily News<br>Fri, November 1st 2024</p><p>"In what may be a first, a Mainer has been named by Forbes Magazine as one of the 400 wealthiest living Americans.</p><p>"Susan Alfond, a Scarborough resident, is one of three surviving siblings whose father was Harold Alfond, the founder of Dexter Shoe Co. Susan Alfond and her brothers, Bill and Ted, each are estimated to have personal wealth of $3.4 billion, ranking them alongside a few other billionaires in 388th place on the list of 400.</p><p>[...]</p><p>"There are several other billionaires on this year’s Forbes 400 list with ties to <a href="https://kolektiva.social/tags/Maine" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Maine</span></a>, most of them because they summer at seasonal homes they own along the coast.</p><p>"The wealthiest of them is Edward C. Johnson IV, whose wealth is estimated to be worth $12.6 billion, ranking him as the 70th richest American. Johnson, whose grandfather, Edward C. Johnson II founded Fidelity Investments, has a summer home on Mount Desert Island, and his father, Edward C. Johnson III, long owned property and summered there.</p><p>"Edward C. Johnson III, who died in 2022, ran the investment firm until handing the reins to his daughter Abigail Johnson in 2014. Abigail Johnson ranks 30th on the Forbes list with an estimated wealth of $31.3 billion, but it is not clear if she or a third Johnson sibling, Elizabeth (who Forbes says is worth $10.6 billion), also owns property or spends summers in Maine.</p><p>"Other billionaires who rank on the Forbes list and own summer homes on MDI include brothers Stephen and Mitchell Rales, Charles Butt, and Robert Bass, each of whom has an estimated wealth roughly between $5 billion and $9 billion.</p><p>"John C. Malone, the founder of Liberty Media and one of the largest landowners in the country, owns Mosquito Island off Port Clyde and a summer home in Boothbay. Malone, who with an estimated wealth of $10.7 billion is ranked 89th on the Forbes list, also owns nearly 1 million acres in Maine, including Falcon Lodge on Spencer Lake in Somerset County and surrounding woodlands."</p><p>Source:<br><a href="https://wgme.com/news/local/maine-billionaire-makes-it-onto-list-of-richest-americans-susan-alfond-forbes-magazine-dexter-shoe-co-harold-alfond" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">wgme.com/news/local/maine-bill</span><span class="invisible">ionaire-makes-it-onto-list-of-richest-americans-susan-alfond-forbes-magazine-dexter-shoe-co-harold-alfond</span></a><br><a href="https://kolektiva.social/tags/TaxTheRich" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TaxTheRich</span></a> <a href="https://kolektiva.social/tags/RichMainers" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>RichMainers</span></a> <a href="https://kolektiva.social/tags/billionaires" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>billionaires</span></a></p>