David Perdue Net Worth

David Alfred Perdue Jr. is an American politician and business executive who served as a United States senator from Georgia from 2015 to 2021.

Perdue A member of the Republican Party, Perdue is currently a candidate for Governor of Georgia in 2022.

Perdue first ran for the U.S. Senate in 2014, defeating Democratic nominee Michelle Nunn, daughter of former U.S. Senator Sam Nunn.

Perdue ran for reelection in 2020, losing to Democrat Jon Ossoff, a former investigative journalist and filmmaker, in a January 5, 2021, runoff election.

Having been endorsed by former President Donald Trump, Perdue is running in the Republican primary of the 2022 Georgia gubernatorial election against incumbent Brian Kemp.

David Perdue Net Worth

Perdue began his career in 1972 at Kurt Salmon Associates, an international consulting firm, where he worked for 12 years as a management consultant, leaving in 1984

After 12 years as a management consultant, Perdue became the senior vice president for Reebok, eventually becoming CEO.

Perdue later joined PillowTex, a North Carolina textile company and subsequently became CEO of Dollar General.

Prior to joining Dollar General, the company had overstated profits by $100 million and paid $162 million to settle shareholder lawsuits.

Perdue overhauled the company’s inventory line and logistics network and updated its marketing strategy.

After initially closing hundreds of stores, the company doubled its stock price and opened 2,600 new stores.

Perdue is credited for arranging the sale of Dollar General in 2007 to private equity investors KKR.

From 2007 to 2009, Perdue worked as a senior consultant for Indian chemical and textile conglomerate Gujarat Heavy Chemicals Ltd.

In July 2010, Perdue’s cousin, then-governor Sonny Perdue, appointed him as a director of the Georgia Ports Authority.

Then, in April 2011, Perdue started Perdue Partners, an Atlanta-based global trading firm, with his cousin, whose term had ended in January 2011, and two former state officials.

In December 2012, Perdue Partners acquired Benton Express, an Atlanta-based logistics company, and renamed it Benton Global.

In February 2013, Benton Global began hauling cargo directly from the port, rather than contracting out for trucking services.[43] Perdue left the ports board in mid-2013.

Benton Global closed abruptly in 2015.

From 2010 to 2014, Perdue served on the board of directors of the data marketing firm Cardlytics and acquired 75,000 shares in compensation for his board service.

When Cardlytics became publicly owned, Perdue made $6 million from the shares.

Perdue has an estimated net worth of $16 million.