As of 2024, Doug Burgum net worth is estimated at around $1.1 billion, placing him among the wealthiest state leaders in the United States. Doug Burgum, the governor of North Dakota and a prominent candidate for the GOP presidential nomination, has garnered attention not only for his political ambitions but also for his impressive financial portfolio.
This blog post will delve into the sources of his wealth, his entrepreneurial journey, and how his financial background shapes his political vision. Whether you’re curious about his business ventures or his role in government, we’ve got you covered!
Table of Contents
Doug Burgum Bio/wiki
Category | Details |
Full Name | Douglas James Burgum |
Date of Birth | August 1, 1956 |
Place of Birth | Arthur, North Dakota, USA |
Age | 68 (as of 2024) |
Nationality | American |
Occupation | Politician, Businessman |
Current Position | Governor of North Dakota (since 2016) |
Political Party | Republican |
Education | Stanford Graduate School of Business (MBA) |
North Dakota State University (BA) | |
Net Worth | Estimated $1.1 billion (as of 2024) |
Key Business Ventures | CEO of Great Plains Software (sold to Microsoft) |
Spouse | Kathryn Helgaas Burgum |
Children | 3 |
Height | 6 feet 1 inch (185 cm) |
Notable Awards | Horatio Alger Award (2009) |
Hobbies | Running, ranching |
Who is Doug Burgum?
Doug Burgum, born on August 1, 1956, in Arthur, North Dakota, is a self-made billionaire and politician. Raised in a farming family, he pursued higher education at North Dakota State University and later Stanford Graduate School of Business.
Burgum co-founded Great Plains Software in 1983, a pivotal move that laid the foundation for his wealth. His business acumen led to the sale of Great Plains to Microsoft in 2001. Besides his entrepreneurial success, Burgum has made significant strides in politics, serving as the governor of North Dakota since 2016 and running for the GOP presidential nomination in 2024.
Doug Burgum Early Life and Family
Doug Burgum was born in Arthur, North Dakota, and grew up in a farming family. His father worked as a farmer, while his mother was a dedicated schoolteacher. This rural upbringing instilled strong values and a solid work ethic in Burgum.
He attended North Dakota State University, earning a Bachelor of Science degree in Business Administration. Later, he pursued an MBA at Stanford Graduate School of Business, where he honed his entrepreneurial skills. His family’s support and the lessons learned on the farm significantly influenced his future endeavors, both in business and politics.
Doug Burgum Amazing Career
Doug Burgum’s career is marked by impressive entrepreneurial success. He co-founded Great Plains Software, a leading ERP provider, which Microsoft acquired for $1.1 billion in 2001. Post-acquisition, he served as a senior vice president at Microsoft, overseeing the Business Solutions Division.
Transitioning into politics, Burgum was elected governor of North Dakota in 2016, focusing on economic diversification and technological advancements. His entrepreneurial spirit extended to real estate and venture capital, co-founding the Kilbourne Group and Arthur Ventures. This unique blend of business and political acumen shapes his dynamic and influential career.
Doug Burgum Height, Weight, and Physical Appearance
Attribute | Details |
Height | 6 feet 1 inch (185 cm) |
Weight | Approx. 80 kg (176 lbs) |
Hair Color | Gray |
Eye Color | Blue |
Body Build | Athletic |
Distinct Features | Slim build, typically wears glasses |
Skin Tone | Fair |
Doug Burgum Wife/girlfriend and Relationship Status
Doug Burgum was previously married to Karen, with whom he shares three children. They divorced in 2003. In 2016, Burgum found love again and married Kathryn Helgaas Burgum, a former North Dakota state representative.
The couple is known for their strong partnership and public appearances together. Kathryn is also an advocate for mental health and addiction recovery, adding another layer of public service to their relationship. Their mutual support and shared interests have made them a notable couple in both state and national political circles.
Doug Burgum Net Worth
Year | Net Worth |
2016 | $800 million |
2017 | $850 million |
2018 | $900 million |
2019 | $950 million |
2020 | $1.0 billion |
2021 | $1.05 billion |
2022 | $1.08 billion |
2023 | $1.1 billion |
2024 | $1.1 billion (estimated) |
Doug Burgum Future Plan and Goal
Doug Burgum’s future plans center around his 2024 presidential campaign. He aims to bring his business acumen to the national stage, focusing on economic growth and fiscal responsibility. He is committed to modernizing government services through technology and fostering job creation.
Burgum’s goals also include enhancing education and workforce development. As a visionary leader, he seeks to address critical issues facing America, such as infrastructure and sustainable development. His pragmatic approach and innovative ideas promise to shape his platform, making him a compelling candidate for the GOP nomination.
Doug Burgum on Social Media
Platform | Username/Handle | Followers | Notes |
Twitter (X) | @DougBurgum | 40K+ (as of 2024) | Active in political updates and announcements |
Doug Burgum | 35K+ (as of 2024) | Posts about North Dakota governance and events | |
@dougburgumnd | 10K+ (as of 2024) | Shares personal and political life highlights | |
Doug Burgum | 5K+ (as of 2024) | Professional background and career milestones |
Doug Burgum Video and images
Fun Facts about Doug Burgum
Outdoor Enthusiast:
Doug loves hiking and fishing. He often explores North Dakota’s natural beauty.
Arts Advocate:
Passionate about the arts, he supports local artists. Doug promotes cultural initiatives in his state.
Public Speaker:
Known for his engaging style, Doug captivates audiences. He shares his vision for North Dakota and the nation.
Philanthropist:
Doug supports education and health causes. His philanthropic efforts impact numerous nonprofit organizations.
Business Mentor:
As a seasoned entrepreneur, he advises startups. Doug’s experience is invaluable to budding business owners.
Family Man:
Despite his busy schedule, he values family time. He maintains close bonds with his children and wife.
Education Advocate:
Doug emphasizes the importance of lifelong learning. His policies often focus on educational improvement.
Tech Savvy:
Doug integrates technology into governance. He champions modernizing state services for efficiency.
Frequently Asked Questions
What is Doug Burgum’s net worth?
As of 2024, Doug Burgum’s net worth is estimated at approximately $1.1 billion.
How did Doug Burgum become wealthy?
Burgum amassed his wealth primarily from selling Great Plains Software to Microsoft for $1.1 billion in 2001. He also served as a senior vice president at Microsoft and engaged in various entrepreneurial ventures in real estate and technology.
What are Doug Burgum’s political accomplishments?
Burgum has served as the governor of North Dakota since 2016. His tenure has focused on economic diversification, technological advancements, and enhancing education and infrastructure.
Is Doug Burgum running for president?
Yes, Doug Burgum announced his candidacy for the 2024 Republican presidential nomination in June 2023.
Conclusion
Doug Burgum’s journey from a small-town upbringing to a billionaire and influential political leader is inspiring. His success in business and politics shows a blend of entrepreneurial acumen and public service commitment. With a focus on economic growth and modernization, Burgum aims to bring innovation to the national stage.
His unique background and pragmatic approach make him a compelling candidate for the GOP nomination. Whether you’re interested in his business ventures or political initiatives, Burgum’s story offers valuable insights into leadership and vision for the future. Stay tuned as his 2024 presidential campaign unfolds.