BillionaireNet
Goodnight
James Goodnight
Rank #183
UNITED STATESTechnologySoftware

James Goodnight

Net Worth
$14.471B
0% (24h)
James Howard Goodnight, born January 6, 1943, is an American billionaire and software developer. As the co-founder and CEO of SAS Institute since 1976, Goodnight has built a global analytics powerhouse with a focus on innovation and employee well-being. His wealth source is the software company SAS, and he is recognized as the richest person in North Carolina. Goodnight's career began with a passion for computer science, leading him to North Carolina State University, where he earned multiple degrees. Under his leadership, SAS has maintained a unique corporate culture, prioritizing employee satisfaction and a long-term vision. Beyond business, Goodnight is dedicated to improving education and is actively involved in community initiatives.

The Full Dossier

Early Life

James Howard Goodnight was born in Salisbury, North Carolina, on January 6, 1943. He grew up in a modest working-class home, where hard work and education were highly valued. As a child, he worked at his father's hardware store, which instilled a strong work ethic. Goodnight developed a passion for science and mathematics from a young age. He attended North Carolina State University (NCSU), where he pursued his studies in applied mathematics, earning a bachelor's, master's, and Ph.D. in statistics.

Rise to Success

Goodnight's career began in academia at North Carolina State University. During his time at NCSU, he worked on a project to develop software for agricultural data analysis. Along with John Sall and other colleagues, he recognized the potential of this software beyond its initial application and co-founded SAS Institute in 1976. SAS Institute grew from its first-year revenue of $138,000 to $3.2 billion in 2022. He has served as CEO since its inception, steering the company's growth. Goodnight's leadership has been marked by a unique corporate culture that emphasizes employee well-being.

Key Business Strategies

Goodnight's leadership style has focused on continuous innovation and employee satisfaction. SAS has maintained a flat organizational structure, fostering open communication, and emphasizing intellectual challenge. He has consistently rejected acquisition offers and chosen not to take SAS public. The company invests heavily in research and development, which is the highest ratio among software companies of its size.

Philanthropy

Goodnight is known for his philanthropic efforts, particularly in education. He and his wife Ann founded Cary Academy, an independent preparatory school. They have also established the Goodnight Scholarships, which support students from middle- and low-income families in North Carolina studying STEM fields. The Goodnights have also contributed to the construction of SAS Hall at NC State University. In 2005, they founded the Goodnight Educational Foundation.

Career Timeline

1996

Founded Cary Academy

Co-founded Cary Academy, an independent prep school.

1976

CEO of SAS Institute

Became CEO of SAS Institute and has remained in that position.

1976

Co-founded SAS Institute

Co-founded SAS Institute with three other faculty members from North Carolina State University.

1968

Master's Degree

Earned a master's degree in statistics from North Carolina State University.

Philanthropic Impact

Education$XB

Goodnight Scholarships

Provides full tuition scholarships and development programs to students in STEM fields at NC State.

Education$5.8M

Goodnight Educational Foundation

Supports educational initiatives, including the North Carolina Independent Colleges and Universities' Science of Reading Initiative.

Wealth Trajectory