Denny Sanford‘s current net worth has become an important topic of interest among netizens. The 89-year-old has been a prominent part of the business world for many years, having founded a banking company that targets a specific niche of customers.
Hailing from Saint Paul, Minnesota, Sanford got his first taste of the workforce at a very young age, when he began working at his father’s garment shop. He later attended the University of Minnesota with the intention of becoming a doctor. However, he switched majors and graduated with a degree in psychology.
Here is what we know about Denny Sanford’s net worth and earnings.
What is Denny Sanford’s net worth in 2025?
Denny Sanford has an estimated net worth of $2.1 billion in 2025.
Sanford’s net worth in 2025 is comprised of earnings from his business endeavors.
Sanford is recognized for founding First Premier Bank. Headquartered in Sioux Falls, South Dakota, the bank specializes in a variety of subprime credit cards marketed to individuals with low credit scores.
He has also garnered attention for his philanthropy, having pledged to donate his entire fortune during his lifetime. In 2006, he made it into BusinessWeek magazine’s list of 50 most generous philanthropists. By October 2018, he had donated over $1 billion.
What does Denny Sanford do for a living?
Denny Sanford is a businessman.
Most recently, Sanford donated $300 million to Sanford Health to develop the Sanford Black Hills Medical Center campus in Rapid City, South Dakota. This medical center campus will boast cutting-edge facilities while also expanding access to specialty care and services like an emergency department, ICU, oncology center, labor and delivery units, and children’s services.
Denny Sanford’s earnings explained — how do they make money?
Denny Sanford earns money from his work as a businessman and owner of First Premier Bank.
In addition to being the owner of First Premier Bank, he is also the CEO and chairman of its holding company, United National.
Under its business model, the First Premier Bank MasterCard user uses the card for about one and a half years. The user then switches to another card offering better terms.
In 2007, First Premier Bank faced a case with the New York Attorney General. The latter alleged that the former employed deceptive marketing practices. As part of the settlement, the bank paid $4.5 million.
First Premier Bank was reportedly offering a credit card with an interest rate of 79.9% and a $300 limit. This practice was criticized by Senator Bernie Sanders, who labeled it “extortion and loan sharking.”
