David Duffield
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- Name
- David Duffield
- Net Worth
- 14.1 Billion USD
- Birth Date
- 21 September 1940
- Age
- 84
- Country
- United States
- City
- Incline Village
- Business
- Technology
- Organization
- Workday
- Position
- Chairman and Cofounder
David Duffield is a distinguished American billionaire known for his remarkable contributions to the software industry as the founder of two major enterprise software companies: PeopleSoft and Workday. Born on September 21, 1940, in Cleveland, Ohio, Duffield's entrepreneurial journey has left a lasting impact on the world of business software solutions.
Duffield earned his bachelor's degree in electrical engineering and an MBA from Cornell University, where he developed a strong foundation in technology and business. In 1987, he founded PeopleSoft, a company specializing in human resources and financial management software. Under Duffield’s leadership, PeopleSoft grew rapidly, pioneering the use of graphical user interfaces and client-server architecture in enterprise software, which significantly improved user experience and efficiency.
PeopleSoft became one of the leading enterprise software providers, serving a wide range of industries globally. In 2003, Oracle Corporation acquired PeopleSoft in a hostile takeover valued at $10.3 billion. The acquisition was a significant event in the tech industry, highlighting the high value and demand for robust enterprise software solutions.
Undeterred by the takeover, Duffield co-founded Workday in 2005 with Aneel Bhusri, another PeopleSoft executive. Workday focuses on cloud-based applications for human capital management (HCM) and financial management, leveraging modern technologies like cloud computing and data analytics. Workday's innovative approach quickly gained traction, and the company went public in 2012, achieving substantial growth and a strong market presence.
Duffield's net worth is estimated to be over $10 billion, reflecting his success with both PeopleSoft and Workday. Beyond his business achievements, Duffield is known for his philanthropy. He and his wife, Cheryl, established the Maddie’s Fund, named after their beloved dog, to support animal welfare initiatives. The foundation has donated millions of dollars to animal rescue organizations and efforts to promote no-kill shelters.
David Duffield’s legacy in the software industry is marked by his visionary leadership and commitment to innovation. His ability to create and grow successful companies has not only transformed enterprise software but also demonstrated the power of resilience and adaptability in business. Through his philanthropic efforts, Duffield continues to make a positive impact beyond the tech world, showing a deep commitment to community and humane causes.
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