T. Denny Sanford Net Worth

How much is T. Denny Sanford Worth?

in Richest BusinessmenWall Street
Net Worth:
$1.3 Billion

T. Denny Sanford net worth: T. Denny Sanford is a businessman and philanthropist out of South Dakota who has a net worth of $1.3 billion. T. Denny Sanford is the richest person in South Dakota. His net worth was largely accumulated during his time as the owner of First Premier Bank and its subsidiary Premier Bankcard, both of which are listed among the biggest providers of credit cards in the world. Sanford is infamous in the business world for the credit cards issued by First Premier Bank and Premier Bankcard, which to this day carry the highest credit card fees in the country. Despite their low credit limits, these cards carried fees of $256 a year until federal law banned these types of fees in the credit card business. Now, they have a fee of 79.9% which still puts them at the very top of the list of highest credit card fees in the United States. Despite the predatory nature of the business which gave him his wealth, Sanford is known as a very generous philanthropist, having donated an estimated grand total of $500 million to various charitable organizations over the course of his career. The vast majority of these charitable donations have been geared toward organizations

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T. Denny Sanford

T. Denny Sanford

Businessperson
Date of Birth
1935-12-23
All net worths are calculated by applying a proprietary algorithm. The results are then fact checked and confirmed by a team of editors. We scan all publicly available data and resources and work diligently to ensure that our numbers are the most accurate and up to date net worth data you will find anywhere on the internet.
Articles Written by Brian Warner
Prior to launching Celebrity Net Worth, Brian spent seven years as the Managing Editor of one of the largest entertainment portals on the internet. Before that, Brian attended Georgetown University where he double majored in finance and marketing. A native of Northern California, Brian currently resides in Los Angeles. Follow him on Google+.
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