Portrait of David Duffield

Rank #419

David Duffield

Net worth $8.5B

Business software · United States

Born
Sep 21, 1940
Age
85
Source
Business software
Residence
Incline Village, Nevada
Citizenship
United States
Marital status
Married
Children
10
Education
Bachelor of Engineering, Cornell University; Master of Business Administration, Samuel Curtis Johnson Graduate School of Management

Net worth over time

Biography

  • David Duffield cofounded not just one, but two successful enterprise software companies after age 40: PeopleSoft and Workday.
  • He resigned as chairman of Workday in 2021; he cofounded the HR and finance software firm in 2005 and took it public in 2012.
  • Duffield cofounded PeopleSoft at age 47 in 1987 and sold it to Oracle for $10.7 billion in cash in 2005.
  • He founded his sixth enterprise software company, Ridgeline, in 2017, and is chairman of the cloud software firm for investment managers.
  • He has spent more than $900 million supporting animal welfare, education and other causes, mostly via his family foundation and Maddie's Fund.
  • Duffield mortgaged his home to bootstrap PeopleSoft in the 1990s.
  • Duffield says he plans to leave the bulk of his fortune to Maddie's Fund--named after his beloved schnauzer--and other charitable causes, not to his 10 children.

Financial assets

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