Since 2016, North Dakota’s 33rd governor has been August 1, 1956-born politician and businessman Doug Burgum. Burgum is from Arthur, North Dakota. Burgum is a 2024 presidential candidate. Republican Great Plains Software CEO and angel investor. He invested in Great Plains Software with the mortgage on the farms he received as a gift after graduating from college in 1983.
After becoming Great Plains president in 1984, he oversaw its rise into a large software corporation. He managed Microsoft Business Solutions. He led Atlassian and SuccessFactors boards. Burgum founded Fargo real estate developer Kilbourne Group and software venture capital firm Arthur Ventures. This article below will discuss Doug Burgum’s net worth and many other related things.
Doug Burgum Net worth
Governor Burgum estimated net worth is $1.5 billion. Burgum started his business career in 1983 by buying Great Plains Software shares with the money from the farms.
Here is a tweet by Jacob Rubashkin on Doug Burgum’s worth:
North Dakota Gov. Doug Burgum (net worth $1.1 billion) is reportedly exploring a presidential bid. He’s heading to Iowa, and a source told the Fargo Forum that someone is polling in Iowa about a potential Burgum candidacy.https://t.co/7QPr9nObmC
— Jacob Rubashkin (@JacobRubashkin) March 27, 2023
Burgum sold Great Plains Software to Microsoft for $1.1 billion in 2001, making him rich. Burgum did business after the deal. He led Microsoft Business Solutions and chaired Atlassian and SuccessFactors.
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Doug Burgum Sources of Earning
American businessman and leader Doug Burgum has various ways to create money. This made him rich. His finances:
Great Plains Software: Doug Burgum co-founded the business software company. He led the company to software market dominance. Microsoft’s 2001 purchase of Great Plains Software made Burgum rich.
Microsoft: Doug Burgum helped integrate Great Plains with Microsoft’s business apps when the company bought him. He earned more money and power working at a top tech company.
Real Estate Investments: In addition to software and technology, Doug Burgum invests in real estate. He invested in residential and commercial real estate to increase his net worth.
Philanthropy: Doug Burgum is known for his good actions. The Burgum Family Foundation recognizes his contributions to education, health care, and community development. Kindness doesn’t make him money but demonstrates his desire to improve the world.
Doug Burgum Rise To Fame
Doug Burgum was famous for his software business management skills. Mr Burgum joined Fargo’s accounting software business Great Plains Software after earning his M.B.A. at Stanford, where he became acquaintances with Microsoft CEO Steve Ballmer.
Here is a new tweet by Doug Burgum on his tweet account:
Today, America’s facing new challenges, and how we respond will define our future. We need a new leader for our changing economy.
As Governor of North Dakota, Doug Burgum has cut red tape, balanced the budget, and passed the largest tax cuts in state history – and now he’s ready… pic.twitter.com/0HK5WRTft2
— Doug Burgum (Text “DOUG” to 70177) (@DougBurgum) June 7, 2023
Great Plains Software, which Mr Burgum sold to Microsoft, became a giant. He did this despite being far from Silicon Valley’s tech hubs, where most tech innovation was happening. He founded real estate developer Kilbourne Group and software investor Arthur Ventures. He became North Dakota’s wealthiest and most influential technology entrepreneur.
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