BillionaireNet
family
M
Rank #2756
UNITED STATESFinance & Investmentsloan servicing

Michael Dunlap & family

Net Worth
$1.256B
+0.85% (24h)
Michael Dunlap is the Executive Chairman of Nelnet, a loan servicing and payment processing company. He co-founded the company and has played a key role in its strategic direction, focusing on diversifying revenue streams and achieving operational excellence. With an estimated net worth of $580 million, as of December 11, 2025, Dunlap's wealth stems primarily from his ownership of Nelnet Inc. stock. His career reflects a commitment to leadership, evidenced by his role in helping develop leadership across Nelnet's management. He has served as the CEO of Nelnet and is also involved in other ventures and serves on various boards, demonstrating his influence in the finance and education sectors. Dunlap is a graduate of the University of Nebraska-Lincoln, and the University of Nebraska Law.

The Full Dossier

Early Life and Education

Michael Dunlap was born on August 8, 1962. He earned a Bachelor of Science degree in Finance and Accounting in 1986 and a Juris Doctor degree from the University of Nebraska in 1988.

Rise to Success

Dunlap co-founded Nelnet in the late 1990s. The company went public in 2003. He served as the CEO of Nelnet from 2001 to 2013. Dunlap's leadership helped Nelnet become a major player in the loan servicing and payment processing industry. He is the Executive Chairman of Nelnet, focusing on key strategies like revenue diversification and operational excellence.

Key Business Strategies

Dunlap has focused on diversifying Nelnet's revenue streams and achieving economies of scale through successful operations across all business units. He emphasizes developing leadership within Nelnet’s management and ensuring customer satisfaction.

Philanthropy

Information about Dunlap's specific philanthropic initiatives is not available in the search results.

Career Timeline

2014-Present

Executive Chairman of Nelnet

Serves as the Executive Chairman of Nelnet.

2003

Nelnet went public

Nelnet was taken public.

2001-2003

CEO of Nelnet

Served as CEO of Nelnet.

Late 1990s

Cofounded Nelnet

Founded Nelnet, a loan servicing and payment processing company.

1988

Graduated from the University of Nebraska

Earned a J.D. degree.

1986

Graduated from the University of Nebraska-Lincoln

Earned a B.S. degree in Finance and Accounting.

Philanthropic Impact

N/A$0B

Not Available

Philanthropic information unavailable.

Wealth Trajectory