Doug Burgum is widely known for his entrepreneurial success and political leadership. As a businessman turned politician, he has carved a significant space in both industries. His career has seen remarkable achievements, particularly in technology and real estate, contributing significantly to his financial portfolio.
This article explores Doug Burgum’s net worth, delving into the sources of his wealth and financial accomplishments.
Doug Burgum Quick Facts
| FACT | DETAIL |
|---|---|
| Real Name | Douglas James Burgum |
| Popular Name | Doug Burgum |
| Birth Date | August 1, 1956 |
| Age | 69 years |
| Birthplace | Arthur, North Dakota |
| Nationality | American |
| Ethnicity | N/A |
| Education | North Dakota State University (1978), MBA from Stanford (1980) |
| Marital Status | Married |
| Spouse | Kathryn Burgum |
| Children | Jesse Burgum, Tom Burgum, Joe Burgum |
| Dating | N/A |
| Siblings | Bradley, Barbara |
| Parents | Katherine Kilbourne, Joseph Boyd Burgum |
| Height (meters) | N/A |
| Net Worth | Not publicly disclosed |
| Source of Wealth | Software, real estate, investments |
What is the Net Worth Of Doug Burgum in 2025?
Doug Burgum’s net worth has not been publicly disclosed, but his extensive entrepreneurial and political career suggests a significant financial standing. His sale of Great Plains Software to Microsoft for $1.1 billion is a notable highlight, marking him as a major figure in business.
Although exact figures remain unavailable, his ventures through Kilbourne Group and Arthur Ventures indicate continued growth in his wealth. This aligns him with other prominent figures in business and politics.
Related Figures:
- Microsoft
- Satya Nadella
- Jack Dalrymple
- Brent Sanford
- Tammy Miller
- Great Plains Software
- Kilbourne Group
- Arthur Ventures
- Atlassian
- SuccessFactors
For a comprehensive look at financial achievements across industries, explore the most successful entrepreneurs on Top10GoHere.
Doug Burgum Wealth, Salary, and Financial Overview
How Did He Build His Wealth?
Doug Burgum’s financial success began with his visionary approach to business. In 1983, he founded Great Plains Software by mortgaging his inherited farmland. This bold move set the stage for a transformative career. Under his leadership, the company went public in 1997 and was later acquired by Microsoft in 2001 for $1.1 billion.
This pivotal deal not only showcased his entrepreneurial talent but also significantly boosted his financial portfolio. His subsequent role at Microsoft Business Solutions allowed him to refine enterprise software offerings, further cementing his reputation in the tech industry.
What Are His Primary Sources of Income?
Burgum’s wealth stems from diverse sources:
- Entrepreneurial ventures: Great Plains Software and subsequent Microsoft tenure.
- Real estate development: Through Kilbourne Group, he revitalized downtown Fargo with innovative projects like the RDO Building.
- Venture capital investments: As co-founder of Arthur Ventures, he nurtured emerging businesses, focusing on technology and life sciences.
- Political leadership: His tenure as Governor of North Dakota may not directly contribute to his wealth but reflects his influence and connections.
Exploring His Financial Investments
Burgum’s investments are as diverse as his career. He has prioritized technology and real estate, leveraging his expertise to drive innovation. Kilbourne Group is a prime example, focusing on urban redevelopment in Fargo. Arthur Ventures, his venture capital firm, supports tech startups, contributing to the growth of future-focused industries.
His Role in the Software Industry
Doug Burgum’s impact on the software industry is profound. His leadership at Great Plains Software paved the way for its expansion into global markets. Post-acquisition, his work at Microsoft Business Solutions emphasized enterprise applications, helping businesses streamline their operations. This focus on innovation has been a hallmark of his career.
Contributions to North Dakota’s Economic Growth
As Governor, Burgum’s efforts to strengthen North Dakota’s economy are commendable. He championed carbon-neutral initiatives, attracting billions in private investment. His focus on energy and technology not only benefited the state but also highlighted his commitment to sustainable development.
His Financial Legacy and Impact
Doug Burgum’s financial legacy extends beyond his net worth. His contributions to North Dakota, combined with his business acumen, leave a lasting impression on the entrepreneurial landscape. By supporting carbon-neutral technologies and fostering innovation, he continues to inspire future generations of business leaders.
Conclusion
Doug Burgum’s journey from a small-town entrepreneur to a prominent political figure is inspiring. While his net worth remains undisclosed, his accomplishments in business and governance speak volumes about his success. For more insights into the lives of influential figures, visit Top10GoHere and explore related content. Share your thoughts in the comments or share this article with others!
