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Doug Burgum net worth: How North Dakota governor made his millions

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Doug Burgum net worth: How North Dakota governor made his millions


Analysts think Doug Burgum could be named as former President Donald Trump’s running mate, sparking widespread interest in the North Dakota governor’s life, career, background and finances.

The 67-year-old has governed the state since 2016, but before entering politics he was a well-known businessman and led a software company that was acquired by Microsoft for more than $1 billion. Other business interests boosted his bank balance too; he spent millions on his own White House bid last year, briefly trying to run against Trump before dropping his plans and throwing his weight behind the former president.

Now Burgum’s name has been cited by several political commentators compiling lists about who may be chosen as Trump’s for Republican vice presidential candidate and bookmakers have said the odds are firmly in his favor. Being awarded the role would automatically create a favorite for the 2028 Republican nominee for president if Trump were to win and complete his second allowed term.

North Dakota Governor Doug Burgum visits “The Big Money Show” at Fox Business Network Studios on June 13 in New York City. Burgum could be named as former President Donald Trump’s running mate, sparking widespread…


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With just weeks to go until the GOP convention, political news outlet The Hill said Burgum was in the top three “most likely” contenders, along with senators J.D. Vance of Ohio and Marco Rubio of Florida.

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Business magazine Forbes estimated last November that Burgum is a worth $100 million “at least.” The magazine said he is worth much more than his financial disclosures would suggest, though, because some of his riches are likely to have been disbursed in trusts for his three grown children.

The governor had relatively humble beginnings, working in his family’s grain elevator business through school and college at North Dakota State University, then becoming a chimney sweep before entering an MBA program at Stanford University.

Following the $1.1 billion sale of Great Plains Software in 2001 to the tech giant, Burgum became a senior vice president at Microsoft and was awarded more than 1.7 million Microsoft shares, which then were worth roughly $100 million, according to Forbes. He later left the firm and over the coming decades sold stock regularly as well as undergoing a costly divorce from his first wife, meaning that today the Microsoft stock is just a tiny fraction of his overall portfolio and is worth up to a $1 million.

But Burgum branched out into a string of other business ventures. He has also worked in real estate development and venture capital.

Some analysts have said money is a key factor playing to Burgum’s advantage because he appears to have been modeled in Trump’s own image. He has “two things Trump wants: a fat wallet and thick hair,” Bloomberg columnist and former political reporter Patricia Lopez joked in an opinion piece on Sunday.

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While the Associated Press said: “Trump likes rich people. North Dakota’s two-term governor is most definitely rich.” Burgum and his wife, Kathryn, who are said to be extremely friendly with Trump and his team, would bring “money and rich friends to the table.”

Burgum has remained tight-lipped about the VP situation, but he has been a regular face on TV screens as he campaigns for Trump.

Trump told reporters in Philadelphia this weekend that he had chosen who he wanted to join him on the Republican ticket for November’s election but added that he had not yet revealed his choice to anyone.

Newsweek has reached out to Burgum via the governor’s office seeking further information and comment.

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Newsweek is committed to challenging conventional wisdom and finding connections in the search for common ground.

Newsweek is committed to challenging conventional wisdom and finding connections in the search for common ground.



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North Dakota

Broncos won’t repeat as NCHC hockey champs, lose to N. Dakota: ‘We broke down’

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Broncos won’t repeat as NCHC hockey champs, lose to N. Dakota: ‘We broke down’


Kalamazoo — There’ll be a new champion in the NCHC.

Will Zellers scored the game-winning goal in the third period as No. 3 North Dakota downed No. 4 Western Michigan, 5-3, Friday night at Lawson Arena. The Broncos never led and trailed all of the third period, though a late push nearly tied the game with the net empty.

“Overall in the game, I thought it was a pretty tightly contested effort. I thought they just scored too easy,” Western Michigan coach Pat Ferschweiler said. “You know, for us, we had a couple breakdowns, and they’re so talented, so good, they took advantage when we broke down.”

The teams finish the regular season Saturday night. Western Michigan came into Friday’s game tied with Denver in standings points and five points behind North Dakota, needing that many to get a share of the Penrose Cup it won last season en route to an NCAA championship, too.

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As far as regular season results go, the Broncos will play for second seed in the NCHC Tournament, needing to outpace Denver, which plays Arizona State this weekend.

Western Michigan (23-9-1, 15-7-1 NCHC) goaltender Hampton Slukynsky made 16 saves on 20 shots in the loss while North Dakota’s Jan Spunar stopped 22 of 25 shots. It was a battle of two of the NCHC’s top netminders, and each made key stops in a tight-checking, physical game.

Zellers put North Dakota (25-7-1, 17-5-1) up 4-2 4:42 into the third period off an assist from Detroit Red Wings draft choice Dylan James.

“He kind of made a play out of nothing there,” said North Dakota coach Dane Jackson, who is in his first season as head coach after being on the coaching staff since 2006. “And that was a really nice kind of moment where you go OK, we got a little got a little leeway here, and we can just kind of play a little bit more free.”

North Dakota took a 3-2 lead into the third period with goals from defenseman Sam Laurila alongside forwards Ollie Josephson and Josh Zakreski. Defenseman Zach Bookman and forward Liam Valente scored for Western Michigan.

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One too many times in the second frame, Western Michigan’s blue line let a North Dakota forward in all alone to face Slukynsky, who stopped a couple of rushes in the opening minutes of the period.

With four minutes until the intermission, the Broncos finally got burned. On a feed from linemate Anthony Menghini, Lakreski cut to the glove side of a sprawling Slukynsky and beat him with the backhand. The goal gave North Dakota the 3-2 lead, after a seeing-eye shot from Bookman along the right wall had tied it up two apiece 8:10 into the period.

“I actually thought the second period was our best period,” Ferschweiler said. “… We started to take over. We got the goal, tied 2-2, and are kind of just humming along. Four minutes left, we just hand them a goal. Blown coverage. That was inexcusable, honestly, with some of our better players on the ice.”

The opening period played out as a back and forth track meet through the neutral zone as each side settled in. Laurila put North Dakota up 1-0 with his first career goal. After Slukynsky denied him on a trio of tries earlier in the shift, he fired a shot to beat the Western Michigan netminder 4:40 into the game.

It took just a minute and 34 seconds after Laurila’s opener for Western Michigan’s top line to get it right back. A blue-collar shift from captain Owen Michaels fed linemate Will Whitelaw along the left boards, and he sprung Valente for a breakaway goal that evened up the score.

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“I thought we gave it to them too easy a couple times tonight,” Whitelaw said. “And I think when you’re playing a team like that, obviously they’re gonna put it in your net. But I think it’ll be a big lesson for our group going forward.”

For the better part of the first period, the Lawson Lunatics peppered North Dakota defenseman Jake Livanavage with jeers, but he got his own licks in with 7:48 left in the first period as he fed Josephson right at the net for the 2-1 goal. That score held through the first period.

With 2:02 remaining and Slukynsky pulled, forward Zaccharya Wisdom pulled Western Michigan within one. He nearly had the equalizer with 40 seconds on the clock on a backdoor try, but he mistimed the shot. Mac Swanson scored an empty-netter with 20.7 seconds on the clock to clinch the win, and with it the Penrose Cup, presented to North Dakota in the locker room and then paraded around the ice.

“It’s the hardest regular season championship to win, in my opinion,” North Dakota forward Ben Strinden said. “So it’s awesome. Obviously, it’s not our end goal, but we’re going to enjoy it for sure.”

cearegood@detroitnews.com

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Morton County did not violate North Dakota’s open records law when the County Auditor, within a reasonable time, informed the requester that the requested records were not in the County’s possession.. – North Dakota Attorney General

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Morton County did not violate North Dakota’s open records law when the County Auditor, within a reasonable time, informed the requester that the requested records were not in the County’s possession..

February 27, 2026

Media Contact: Suzie Weigel, 701.328.2210

BISMARCK, ND – Karen Jordan requested an opinion from this office under N.D.C.C. § 44-04-21.1 asking whether Morton County violated N.D.C.C. § 44-04-18 by failing or refusing to provide records.

Conclusion: It is my opinion that Morton County’s response was in compliance with N.D.C.C. § 44-04-18.

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Link to opinion 2026-O-06

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ND Supreme Court Justice Daniel Crothers retiring, stepping onto new path

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ND Supreme Court Justice Daniel Crothers retiring, stepping onto new path


BISMARCK, N.D. (KFYR) – The North Dakota Court System threw a reception for a retiring member of the state Supreme Court.

Justice Daniel Cothers is leaving after serving for more than 20 years.

He plans to step down on Feb. 28.

Before Crothers became a judge, he served as a lawyer and as president of the State Bar Association of North Dakota.

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Mark Friese is set to replace Crothers starting March 9.

“He knows what is important and what to keep focused on. Justice Friese will be an exceptional replacement to me on the bench,” said Crothers.

Crothers plans to keep up on teaching gigs and spend time at his family’s farm as he steps into retirement.



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