Alexander W. Dreyfoos Jr net worth at death – Alexander W. Dreyfoos, an American entrepreneur and philanthropist, died with an estimated net worth of $200 million.
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Dreyfoos, who was born on March 22, 1932, co-founded Photo Electronics Company (PEC) in 1963 with George W. Mergens to address issues in color print reproduction. They created the ground-breaking Video Color Negative Analyzer (VCNA) in Dreyfoos’ basement in Port Chester, New York, and subsequently established a factory in a former church in Connecticut. Eastman Kodak Corporation offered the VCNA globally.
Dreyfoos then designed the revolutionary LaserColor Printer and collaborated with his son, Robert Dreyfoos, in producing the Professional Video Analyzing Computer, a digital version of the VCNA for PEC (PVAC).
From 1973 through 1996, Dreyfoos controlled WPEC TV-12, the ABC affiliate in West Palm Beach, Florida.
Dreyfoos was a philanthropist who was well-known for his large donations to schools.
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In 1997, he made the largest donation to a public school in Florida history, giving $1,000,000 to Palm Beach County School of the Arts, which was renamed Alexander W. Dreyfoos School of the Arts.
Dreyfoos made a $1 million donation to Scripps Florida on the John D. MacArthur Campus of Florida Atlantic University in Jupiter, Florida, in 2004.
Dreyfoos’ largest gift was $15 million to MIT for the Stata Center, which includes two buildings named after him and William Gates. This gift was made in memory of Dreyfoos’ late mentor and MIT physics professor, Arthur C. Hardy.
Dreyfoos had ten US patents and several foreign patents covering his inventions at the time of his death.
Dreyfoos died on Sunday, May 28, 2023, and is survived by his wife, Renate, daughter Catherine Dreyfoos Carter and son Robert Dreyfoos (Julie); grandchildren Michael Aron Carter (Morgan), Michelle Carter Fenimore (Brian), Travis Dreyfoos (Natalie) and Aron Dreyfoos (Lauren); and great-grandchildren Allison Fenimore, Grayson Carter, and Landon Carter.
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