Bloomberg Billionaires Index

View profiles for each of the world’s 500 richest people, see the biggest movers, and compare fortunes or track returns.

# 103 Jim Goodnight $13.5B

Random fact: A piano player is routinely stationed in the SAS cafeteria.

Overview

Goodnight is the chief executive officer and largest shareholder of SAS Institute, the world's biggest closely held software maker. The Cary, North Carolina-based company provides software and data services to more than 80,000 sites and had revenue of $3.3 billion in 2018. The billionaire owns two-thirds of SAS.

As of :
Last change -$104M ( -0.8%)
YTD change +$3.06B ( +29.3%)
Industry Technology
Biggest asset SAS Institute
Citizenship United States
Age 76
Wealth Self-made
View net worth over:   Max 1 year 1 quarter 1 month 1 week

Relative Value

Jim Goodnight's net worth of $13.5B can buy ...

0
troy ounces of gold
0
barrels of crude oil

... and is equivalent to ...

0%
of the GDP of the United States
0%
of the total wealth of the 500 richest people in the world
0%
of the top 100 U.S. college endowments
0%
of the top 200 U.S. executives’ total awarded compensation
0%
of U.S. existing home sales
0
times the median U.S. household income

Latest News

Net Worth Summary

Cash
Private asset
Public asset
Misc. liabilities
Confidence rating:

The majority of Goodnight's fortune is derived from his 66% stake in SAS Institute, the world's largest closely held software company. His stake is determined from a Wharton Business School case study in 2000. Co-founder John Sall owns the balance.

SAS had revenue of $3.3 billion in 2018, a 0.9% increase from the previous year, according to the company's website. It doesn't publish any other financial information. The valuation is based on the average enterprise value-to-sales multiple of three publicly traded peers: Oracle, SAP and Microsoft.

Beverly Brown, a spokeswoman for SAS, declined to comment on Goodnight's net worth.

Biography

Birthdate: 1/6/1943
Family: Married, 3 children
Education: NC State University, NC State University, NC State University

Goodnight began planting the seeds for what would become SAS Institute while working on his doctorate at North Carolina State University.

Created as an analytics specialist for big pharmaceutical and agriculture businesses in 1976, the Cary, North Carolina-based outfit now provides business intelligence software and services to a broad client base, including utilities, communications companies, schools, banks and casinos.

With his wife, Ann, Goodnight co-founded an independent college preparatory day school, Cary Academy, with the goal of integrating technology into all facets of education. He also created SAS inSchool, which develops teaching software to help build stronger curriculums.

Milestones
  • 1943 James H. Goodnight is born in Salisbury, North Carolina.
  • 1961 Enrolls at North Carolina State University, meets John Sall.
  • 1972 Takes a teaching position at N.C. State.
  • 1976 Founds SAS Institute with Sall, Jim Barr and Jane Helwig.
  • 1996 Co-founds the college prep school Cary Academy.
  • 1998 SAS makes first appearance on Fortune's Best Place to Work list.
  • 1999 Annual revenue tops $1 billion.
  • 2005 Co-authors "Managing for Creativity" in Harvard Business Review.