David Hoffmann

David Hoffmann (#1591)

Global Rank #1591

Country Rank #560

Country United States

I am going to save newspapers in America. I am hopefully going to do something for America that is meaningful and far-reaching.

$ 3 B
Executive search, investments
United States
M
74 Years

Snapshot

Quick Facts

Global Rank #1,591

Country Rank #560

Net Worth $2.6B

Previous Worth $2.6B

Worth Change +$0.0B

Country United States

Industry Executive search, investments

Age 74 Years

Gender M

Worth As Of May 4, 2026

Last Refreshed 28 Jul 2026, 12:00 AM

Residence Naples, Florida

World Billionaires List United States Billionaires Executive search, investments

Profile Data

Personal Stats

Age 73

Source Of Wealth Executive search, investments, Self Made

Self Made Score 10

Residence Naples, Florida

Citizenship United States

Marital Status Married

Education Bachelor of Business Administration, Central Missouri State University

Net Worth Change +$0.0B +0.0% from previous worth

Previous Net Worth $2.6B

Current Net Worth $2.6B

Worth as of May 4, 2026

About Me

David Hoffmann owns 127 businesses, including everything from real estate developments to luxury transportation to executive search firm DHR International, the source of his early fortune. Hoffmann bought the Pittsburgh Penguins for $1.75 billion in June, a price that NHL commissioner Gary Bettman described as low and a good deal. Hoffmann is the majority shareholder of Lee Enterprises and sole shareholder of Hoffmann Media Group, which together own 154 newspapers and seven radio stations. The self-made entrepreneur grew up in Washington, Missouri, where his dad drove a milk truck. The family didn't have running hot water until he was in high school. He and his wife Jerri, who moved to Naples in 2015, paid $105 million for a 24,202-square-foot estate with 12 bedrooms in the city's tony Port Royal neighborhood in 2025.

Insights

Did You Know?

Star quarterback Hoffmann got a football scholarship to Northeast Missouri State U. After an injury, he left school and later finished at U. of Central Missouri.

Hoffmann and his wife own four wineries and 1250 acres of vineyard in Missouri.

Hoffmann received the Horatio Alger Award in 2023, awarded to people who have overcome adversity to achieve professional and personal success.

Wealth Growth

Net Worth Growth Over Time

Tracking David Hoffmann's net worth journey over the years, highlighting key growth phases and financial milestones.

Worth Trend Net Worth Growth

Period Change Worth Movement

Current Net Worth: $2.6B (May 4, 2026)