Doug Burgum, the 33rd Governor of North Dakota, is not only a notable figure in politics but also a successful businessman with a net worth estimated at $1.1 billion. This article explores Burgum’s journey from a tech entrepreneur to a prominent political figure, detailing his achievements and financial success.
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Table of Contents
Who is Doug Burgum?
Douglas James Burgum, born on August 1, 1956, is an American businessman and politician. He has been serving as the Governor of North Dakota since 2016 and is a member of the Republican Party. Burgum’s business acumen and political leadership have made him a significant figure in both the tech industry and government.
How old is Doug Burgum?
As of 2023, Doug Burgum is 66 years old. His career spans several decades, marked by success in both the business and political arenas.
Education
Burgum earned his undergraduate degree from North Dakota State University in 1978 and later received an MBA from Stanford University Graduate School of Business in 1980. His education played a pivotal role in shaping his business career.
Career
Doug Burgum’s career took off when he mortgaged inherited farmland to invest in Great Plains Software in 1983, eventually becoming the company’s president. He sold the company to Microsoft for $1.1 billion in 2001. Burgum has held various significant positions, including at Microsoft, and has been involved in several investment firms and real estate development through the Kilbourne Group.
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Doug Burgum Net Worth
Doug Burgum’s net worth is approximately $1.1 billion. His wealth stems from his successful business ventures, particularly his role in Great Plains Software and subsequent investments.
Who was Doug Burgum’s first wife?
Doug Burgum was first married to Karen Stoker. The couple had three children before their divorce in 2003. He later married Kathryn Helgaas in 2016, who is now the First Lady of North Dakota.
Is the Governor of North Dakota married?
Yes, Doug Burgum is currently married to Kathryn Helgaas, and they tied the knot in 2016. Kathryn Burgum is actively involved in public welfare initiatives, particularly focusing on addiction and recovery.
Who is the Governor of North Dakota right now?
Doug Burgum is the current Governor of North Dakota, having assumed office in December 2016. His tenure as governor has been marked by various initiatives and policies impacting the state.
Is the Governor of North Dakota running for president?
Yes, Doug Burgum has announced his candidacy for the 2024 United States presidential election. He joined the race as a Republican candidate, bringing his experience as a businessman and governor to the national political stage.
Who is the Republican candidate for president from North Dakota?
Doug Burgum, the Governor of North Dakota, is a Republican candidate in the 2024 presidential election. His candidacy brings a blend of business acumen and political experience to the race.
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Conclusion
Doug Burgum’s journey from a tech entrepreneur to the Governor of North Dakota and now a presidential candidate showcases his versatile skills and achievements. His significant net worth is a testament to his success in the business world, which he now translates into his political career.
FAQs about Doug Burgum’s Net Worth
- What is Doug Burgum’s net worth?
- Doug Burgum’s net worth is estimated to be around $1.1 billion.
- How did Doug Burgum build his wealth?
- His wealth was primarily built through his successful investment in Great Plains Software and its sale to Microsoft, along with other business ventures.
- What is Doug Burgum’s background in education?
- Burgum holds an undergraduate degree from North Dakota State University and an MBA from Stanford University.
- What are some of Doug Burgum’s notable business achievements?
- Burgum is known for growing Great Plains Software into a major company and selling it to Microsoft for $1.1 billion.
- What is Doug Burgum’s political affiliation?
- Doug Burgum is a member of the Republican Party and is currently running as a Republican candidate in the 2024 presidential election.
