The mansion in Alamo, California, that billionaire David Duffield donated for animal welfare.
Billionaire David Duffield got a late start in his career. He started his first software company in 1987 at age 47. Then by 2005, PeopleSoft had grown to be the world’s second-largest application software company. After a legal battle, he sold PeopleSoft, to Oracle for $10.7 billion. Not one to just retire, he started a new company, Workday, with former Peoplesoft vice-chairman Aneel Bhusri, at 65. That new company, an on‑demand (cloud-based) financial management and payroll software, was another success, going public in 2012. With over 10,000 employees and total assets of $5 billion today, Duffield remains Chairman of the company.
David Duffield Net Worth
Fourteen years after starting the second company, Duffield’s net worth is currently estimated to be at $13 billion. According to Forbes, “Duffield says he plans to leave his fortune to his animal charity, Maddie’s Fund, named after his beloved schnauzer, not his 10 children.”
From Wikipedia – Duffield is also known for his philanthropic activities on behalf of animals. In 1994, Duffield and his wife, Cheryl, established Maddie’s Fund, originally named the Duffield Family Foundation. In January 1999, the Board of Directors restructured the foundation, defined its mission, and adopted the current name. The organization is named after Maddie, a Miniature Schnauzer who was the Duffields’ source of unconditional love and friendship for ten years, and a “lighthouse during the stormy period” of the couple’s work careers. Maddie died of cancer in 1997, and Duffield acted on his earlier promise to his pet, “If we ever make some money, I promise we will give it back to you and your kind so others can be as happy as we are today.”
Mattie’s Fund Endowment
The Duffields have endowed Maddie’s Fund – with more than $300 million, and have spent more than $200 million to save the lives of dogs and cats. The organization believes that the Duffields have given more of their personal wealth to the animal welfare cause than any other individuals. “And although they don’t want to make a big fuss over their unprecedented contribution, they do want to honor their cherished companion and the special bond they shared with her.”
Billionaire David Duffield Donates Mansion
In May 2016 the Duffields put their 21.48 acre estate, dubbed Fieldhaven, 30 miles east of San Francisco, on the market for $135 million, as they decided to move back to their home in Lake Tahoe. The proceeds from the sale were slated to be donated to Maddie’s Fund, the nonprofit pet shelter founded by Dave and his wife Cheryl, and to which they have since endowed with over $300 million. At the time, the Fieldhaven estate in Alamo, CA., never sold, but has now just returned to the market with a significantly reduced $28.5 million price tag. (Billionaire gossip has heard the home cost over $100 million to build) The home was donated to the charity this year and it will receive all funds from the sale. So for pets in need, and the humans who care for them, the sale of this property is a win-win, so please get the word out to all your wealthy friends about this sale. Afterall it benefits our innocent friends, the animals.
A little more about the home (as stated in the listing by Dana Green of Compass)….
About David Duffield’s Mansion
The home, modeled on traditional English manor houses and dubbed Fieldhaven, it has 8 beds, 12 baths, and has 20,467 sq ft of living space. Curated in 2013 by a known tech visionary, no expense was spared from inception to completion. Remick Associates Architects + Master Builders worked to create this rare legacy estate that includes a purposeful and sustainable environment for generations to come. Designed to incorporate mind and body wellness, hiking, swimming, gardening, and biking can seamlessly be added to your daily routine. The potential to add equestrian facilities, a 9-hole golf course or putting course, and an indoor sports facility or tennis court exist. During the three-year building period, over 200 master caliber workers were on site daily with the design team ensuring perfection in every detail resulting in a harmonious blend of old world charm and modern lifestyle with incomparable natural surroundings.’
Maddie’s Fund is headquartered in Pleasanton, CA.
Lets get this property sold, for the animals!
Here is an article about another charitable donation by David Duffield – Duffield land donation at Lake Tahoe paves way for critical trail link