What is David Duffield’s net worth?
|Net Worth:||$13.6 Billion|
|Born:||September 21, 1941|
|Country of Origin:||United States of America|
|Source of Wealth:||Entrepreneur|
David Duffield is an American billionaire businessman in the software industry.
Duffield is the co-founder and former chairman of PeopleSoft, the co-founder, and chairman at Workday, Inc., and has been on the Forbes World’s Richest People list.
The company had grown to be the world’s second-largest application software company before Oracle acquired it in January 2005.
As of 2021, David Duffield’s net worth is estimated to be $13.6 billion.
David Arthur Duffield was born on the 21st of September, 1940, in Cleveland.
He received a bachelor’s degree in electrical engineering and an MBA from Cornell University and is the benefactor behind Duffield Hall.
He grew up in northern New Jersey. And he was very fortunate. He had super parents, and the school system was excellent, so he received a good education.
Duffield established two mainframe application software companies. He was CEO, chairman, and chief product architect at Integral Systems, the first company to offer DB2-based human resource and accounting systems. He also co-founded Information Associates, which specialized in applications for the higher education market.
Duffield founded PeopleSoft in 1987 and served as the company’s CEO and board chairman. PeopleSoft grew to be the world’s second-largest application software company before being acquired by Oracle in January 2005.
In March 2005, Duffield and former PeopleSoft vice-chair and head of the product strategy, Aneel Bhusri, started Workday, Inc.
The company is headquartered in Pleasanton, California, and employed approximately 1,000 people in 2011, with Duffield and Bhusri serving as co-CEOs at Workday. Duffield is also the company’s chief customer advocate.
As of 2021, David Duffield’s net worth is estimated to be roughly 13.6 billion.
How Does David Duffield Spend His Money?
David Duffield spends some of his money on real estate.
David Duffield’s Home
Duffield owns a beautiful home in Nevada.
Here are some of the best highlights of David Duffield’s career:
- Co-founder and chairman of PeopleSoft and Workday Inc.
- EY Entrepreneur of the Year Award Recipient (2013)
Favorite Quotes From David Duffield
“With a private company, you’ve got to get into who’s investing and what’s the balance sheet-like. I had come out of retirement into a very difficult situation with the PeopleSoft takeover, got through it, and was having a good time, frankly. We just ran out of runway at PeopleSoft.” – David Duffield
“Flame mails and offensive Internet activities are not classy. It doesn’t fit with our culture here, where we respect the gender, race, opinions, ear-lobe apparel, and choice of clothing of all employees.” – David Duffield
“I think I’ve done a good job in the industry from the standpoint of employee morale and customer satisfaction, and as an innovative thinker in tech.” – David Duffield
“Very small town, where I could walk to school or the ball field. I had a typical middle-class upbringing and a bit of an entrepreneurial gene or two.” – David Duffield
“Exactly. Everybody has conflicts, and you don’t have an infinite number of days to schedule these things. So he figured out a way through the math to build a conflict-free exam schedule, which is the tricky part, doing it in the minimum number of time periods necessary. Anybody could do it if you had infinite time periods.” – David Duffield
“So our background was higher education, and exam scheduling created credibility. Then with this success with the University of Rochester payroll system, we had another product. So I responded to the RFP from Rutgers.” – David Duffield
3 Awesome Lessons From David Duffield and PeopleSoft
Now that you know all about David Duffield’s net worth and how he achieved success; let’s take a look at some of the strongest lessons we can learn from him:
1. Honesty and Integrity Matters Above All
There is no relationship that can be sustained without honesty and personal integrity. Family members, business partners, management peers, and fellow employees will slowly fall away from you without mutual trust and an expectation for reliability.
Nobody wants to be that person that gets talked about behind their back. As soon as you breach that trust or don’t deliver on a promise, there is little chance of being offered a second chance.
2. Empathy and Kindness Builds Bridges
Simply taking the time and being interested in our friends’ and co-worker’s lives and being mutually invested in each other’s success immediately build bonds.
A personal extension of empathy or the delivery of a simple kindness goes miles towards establishing a relationship, and quite frankly, it’s just the right thing to do.
3. Everyone is Important
We all have families and financial responsibilities and sick relatives and, you know, issues. Everybody works to pay bills and has hopes and dreams for their children and wants to build a better life for themselves. Everyone is important.
David Duffield is an American businessman who is the co-founder and former chairman of PeopleSoft, as well as the co-founder and co-CEO at Workday, Inc. PeopleSoft, rose to be the world’s second-largest application software company.
As of 2021, David Duffield’s net worth is approximately $13.6 billion.