Billionaire Profile
James Goodnight
Global Rank
#72

Image: Public domain | via Wikimedia Commons

James Goodnight

CEO, SAS Institute
US
Real-Time Net Worth
$15.3B
As of December 2025
Age
82
Source
Software
Industry
technology
Citizenship
US

Biography

James Goodnight, born in 1943, is an American billionaire and the co-founder and CEO of SAS Institute, a leading software company specializing in analytics. His wealth source is primarily from software development. Goodnight, a graduate of North Carolina State University, where he earned multiple degrees, including a Ph.D. in statistics, founded SAS Institute in 1976. His career has been marked by a unique corporate culture and a focus on employee well-being, leading to SAS's recognition as a great place to work. Goodnight's career achievements include leading SAS to become one of the largest privately held software companies in the world.

Wealth Over Time

In-Depth Profile

Early Life

James Howard Goodnight was born on January 6, 1943, in Salisbury, North Carolina. He spent his early years in a working-class home, where hard work and education were highly valued. During his childhood, he worked at his father's hardware store. Goodnight's interest in computers began with a mathematics course at North Carolina State University (NCSU). He received a bachelor's degree in applied mathematics and later earned a master's and a Ph.D. in statistics from NCSU.

Rise to Success

Goodnight's career started at NCSU, where he worked on research projects involving the management of huge datasets. He and his team of statisticians and software engineers developed the Statistical Analysis System (SAS) software package. In 1976, Goodnight, along with John Sall, Anthony James Barr, and Jane Helwig, co-founded SAS Institute. Initially, the company was based in offices across the street from the university. Under Goodnight's leadership, SAS Institute grew significantly, from $138,000 in its first year to over $3 billion in revenue by 2023. Goodnight has served as CEO since its inception, fostering a unique corporate culture that emphasizes employee well-being.

Key Business Strategies

Goodnight has resisted acquisition offers and maintained a private status to protect the company's work environment. He created a flat organizational structure, with about 27 executives reporting directly to him. SAS is known for its employee-friendly programs, including on-site daycare, subsidized cafeterias, and a 35-hour workweek. The company invests heavily in research and development, which contributes to its continued growth.

Philanthropy

Goodnight and his wife Ann are involved in several philanthropic activities, especially in education. They co-founded Cary Academy, an independent prep school. Additionally, they have donated to North Carolina State University to create scholarships and fellowships, including the Goodnight Scholars Program.

Career Milestones

1976

Co-founded SAS Institute

Founded the analytics software company SAS Institute with John Sall.

1976-Present

CEO of SAS Institute

Served as CEO, guiding SAS to become a global leader in analytics.

1981

Fellow of the American Statistical Association

Recognized for contributions to statistical computing.

1996

Founded Cary Academy

Co-founded an independent prep school.

2004

Named Great American Business Leader by Harvard

Recognized for leadership in the business world.

Philanthropy & Social Impact

Education

Goodnight Scholars Program

$XB

Scholarship program for STEM students at North Carolina State University.

Education

Cary Academy

Undisclosed

Co-founded independent prep school with his wife and business partner.

Business Philosophy & Leadership

Notable Quotes

"Ninety-five percent of my assets drive out the gate every evening."

Leadership Principles

Employee Well-being

Prioritizing employee satisfaction and creating a positive work environment, including on-site daycare and a 35-hour workweek.

Innovation and R&D

Investing heavily in research and development to stay ahead in the analytics software market.

Long-Term Vision

Maintaining a long-term perspective and resisting short-term pressures such as going public to preserve company culture.