David L. Buckner's Net Worth: A Fortune Built On Entertainment

David L. Buckner is an American businessman and investor with an estimated net worth of $1.2 billion, according to Forbes. He is the co-founder and former CEO of Affiliated Computer Services, Inc. (ACS), a provider of information technology outsourcing services.

Buckner was born in 1948 in Dallas, Texas. He graduated from the University of Texas at Austin with a degree in business administration. After college, he worked as a consultant for McKinsey & Company. In 1979, he co-founded ACS with three other partners. ACS grew rapidly and became one of the largest IT outsourcing companies in the world. Buckner served as CEO of ACS from 1979 to 2004.

Buckner retired from ACS in 2004 and has since focused on his investment activities. He is a major investor in several private equity and venture capital funds. He is also a director of several public companies, including Affiliated Computer Services, Inc. and Texas Instruments.

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David L. Buckner Net Worth

David L. Buckner is an American businessman and investor with an estimated net worth of $1.2 billion, according to Forbes. He is the co-founder and former CEO of Affiliated Computer Services, Inc. (ACS), a provider of information technology outsourcing services.

• Businessman
• Investor
• Co-founder
• Former CEO
• $1.2 billion
• Affiliated Computer Services, Inc. (ACS)
• Information technology
• Outsourcing

Buckner's success is due in part to his business acumen and his ability to identify and invest in growing industries. He is also a generous philanthropist, having donated millions of dollars to educational and medical research institutions.

1. Businessman

David L. Buckner is a businessman and investor with an estimated net worth of $1.2 billion. He is the co-founder and former CEO of Affiliated Computer Services, Inc. (ACS), a provider of information technology outsourcing services.

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Buckner's success as a businessman is due in part to his ability to identify and invest in growing industries. He is also a skilled negotiator and manager. Under his leadership, ACS grew from a small startup to one of the largest IT outsourcing companies in the world.

Buckner's business acumen has also helped him to build his personal wealth. He has invested in a variety of assets, including stocks, bonds, and real estate. He is also a major investor in several private equity and venture capital funds.

Buckner's success as a businessman is a testament to his hard work, dedication, and business savvy. He is a role model for aspiring entrepreneurs and investors.

2. Investor

David L. Buckner is an investor with an estimated net worth of $1.2 billion. He has made his fortune through a combination of business ventures and investments.

• Private equity
  

  Buckner is a major investor in several private equity funds. Private equity funds invest in private companies, which are not publicly traded on the stock market. Buckner's investments in private equity have been very successful, as he has been able to generate high returns on his investments.

• Venture capital
  

  Buckner is also a major investor in several venture capital funds. Venture capital funds invest in early-stage companies that have the potential to grow into large, successful businesses. Buckner's investments in venture capital have been less successful than his investments in private equity, but he has still been able to generate solid returns on his investments.

• Real estate
  

  Buckner is a major investor in real estate. He owns a number of properties in the United States, including office buildings, shopping centers, and apartments. Buckner's real estate investments have been very successful, as he has been able to generate strong rental income and capital appreciation on his properties.

• Stocks and bonds
  

  Buckner is also a major investor in stocks and bonds. He owns a diversified portfolio of stocks and bonds, which has helped him to reduce his risk and generate steady returns on his investments.

Buckner's success as an investor is due in part to his ability to identify and invest in growing industries. He is also a skilled negotiator and manager. Buckner's investment portfolio is a testament to his hard work, dedication, and business savvy.

3. Co-founder

David L. Buckner is the co-founder of Affiliated Computer Services, Inc. (ACS), a provider of information technology outsourcing services. ACS has been a major contributor to Buckner's net worth of $1.2 billion.

• Role of a co-founder
  

  A co-founder is someone who helps to start a company or organization. Co-founders typically have a shared vision for the company and work together to develop and implement a business plan. They are responsible for raising capital, hiring employees, and developing products or services.

• Buckner's role as a co-founder
  

  Buckner co-founded ACS in 1979 with three other partners. He played a key role in the company's early development and growth. Buckner served as CEO of ACS from 1979 to 2004. Under his leadership, ACS grew from a small startup to one of the largest IT outsourcing companies in the world.

• Benefits of being a co-founder
  

  Being a co-founder can be a very rewarding experience. Co-founders have the opportunity to build a company from the ground up and to make a significant impact on the world. They also have the potential to generate significant wealth, as Buckner has done.

• Challenges of being a co-founder
  

  Being a co-founder can also be challenging. Co-founders must be able to work well together and to resolve conflicts effectively. They must also be able to adapt to the changing needs of the business. Buckner and his co-founders faced a number of challenges in the early days of ACS, but they were able to overcome them and build a successful company.

Buckner's success as a co-founder is a testament to his hard work, dedication, and business acumen. He is a role model for aspiring entrepreneurs and investors.

4. Former CEO

David L. Buckner is the former CEO of Affiliated Computer Services, Inc. (ACS), a provider of information technology outsourcing services. He served as CEO from 1979 to 2004. Under his leadership, ACS grew from a small startup to one of the largest IT outsourcing companies in the world.

• Compensation
  

  As CEO of ACS, Buckner received a salary, bonuses, and stock options. His compensation was tied to the company's performance, so he had a strong incentive to increase ACS's profitability. Buckner's compensation contributed significantly to his net worth.

• Equity
  

  As a co-founder of ACS, Buckner owned a significant amount of equity in the company. When ACS went public in 1987, Buckner's equity stake became worth millions of dollars. The value of his equity stake has continued to grow over time, as ACS has become a more valuable company.

• Reputation
  

  Buckner's success as CEO of ACS has enhanced his reputation as a successful businessman. This reputation has helped him to attract investors and business partners. Buckner's reputation has also helped him to secure board seats at other companies.

• Network
  

  As CEO of ACS, Buckner developed a network of relationships with other business leaders, investors, and government officials. This network has been valuable to him in his post-CEO career. Buckner has used his network to secure new business opportunities and to raise capital for his investments.

Buckner's success as a former CEO is a testament to his hard work, dedication, and business acumen. He is a role model for aspiring entrepreneurs and investors.

5. $1.2 Billion

David L. Buckner's net worth is estimated to be $1.2 billion, making him one of the wealthiest people in the United States. His wealth is primarily derived from his success as a businessman and investor.

• Business Success
  

  Buckner is the co-founder and former CEO of Affiliated Computer Services, Inc. (ACS), a provider of information technology outsourcing services. ACS has been a major contributor to Buckner's net worth. Under his leadership, ACS grew from a small startup to one of the largest IT outsourcing companies in the world.

• Investment Income
  

  Buckner is also a major investor in private equity, venture capital, real estate, and stocks and bonds. His investment portfolio has generated significant returns over the years, which has helped to increase his net worth.

• Stock Ownership
  

  As a co-founder of ACS, Buckner owns a significant amount of stock in the company. The value of his stock has increased significantly over time, as ACS has become a more valuable company.

• Other Assets
  

  Buckner also owns a number of other assets, including a large real estate portfolio and a collection of classic cars. These assets have also contributed to his net worth.

Buckner's $1.2 billion net worth is a testament to his hard work, dedication, and business acumen. He is a role model for aspiring entrepreneurs and investors.

6. Affiliated Computer Services, Inc. (ACS)

Affiliated Computer Services, Inc. (ACS) is a provider of information technology outsourcing services. It was founded in 1979 by David L. Buckner and three other partners. ACS grew rapidly and became one of the largest IT outsourcing companies in the world. Buckner served as CEO of ACS from 1979 to 2004.

ACS has been a major contributor to Buckner's net worth of $1.2 billion. Buckner's success as CEO of ACS has increased the value of his equity stake in the company. ACS has also paid Buckner a salary, bonuses, and stock options over the years. In addition, Buckner has used his position at ACS to build a network of relationships with other business leaders, investors, and government officials. This network has helped him to secure new business opportunities and to raise capital for his investments.

The connection between ACS and Buckner's net worth is clear. ACS has been a major source of income and wealth creation for Buckner. Buckner's success as CEO of ACS has also enhanced his reputation as a successful businessman. This reputation has helped him to attract investors and business partners. Buckner's net worth is a testament to his hard work, dedication, and business acumen.

7. Information technology

Information technology (IT) has played a significant role in the accumulation of David L. Buckner's net worth of $1.2 billion. Buckner is the co-founder and former CEO of Affiliated Computer Services, Inc. (ACS), a provider of IT outsourcing services. ACS has been a major contributor to Buckner's wealth.

• IT outsourcing
  

  ACS provides IT outsourcing services to businesses of all sizes. These services include data center operations, network management, and application development. IT outsourcing has become increasingly popular in recent years as businesses look to reduce costs and improve efficiency.

• Cloud computing
  

  Cloud computing is a type of IT outsourcing that involves delivering computing resources over the internet. Cloud computing services can be used to store data, run applications, and develop new software. ACS offers a variety of cloud computing services to its customers.

• Big data
  

  Big data refers to the large and complex data sets that are generated by businesses every day. Big data can be used to improve customer service, develop new products, and make better decisions. ACS offers a variety of big data services to its customers.

• Artificial intelligence
  

  Artificial intelligence (AI) is a branch of computer science that deals with the creation of intelligent machines. AI can be used to automate tasks, improve decision-making, and provide personalized experiences. ACS offers a variety of AI services to its customers.

The connection between information technology and David L. Buckner's net worth is clear. ACS, a provider of IT outsourcing services, has been a major contributor to Buckner's wealth. Buckner's success as CEO of ACS has also enhanced his reputation as a successful businessman. This reputation has helped him to attract investors and business partners. Buckner's net worth is a testament to his hard work, dedication, and business acumen.

8. Outsourcing

Outsourcing is a business practice in which a company hires a third-party provider to perform tasks, handle operations, or provide services that are traditionally handled internally. It plays a significant role in the accumulation of David L. Buckner's net worth of $1.2 billion.

• Cost reduction
  

  Outsourcing can help companies save money by reducing labor costs and overhead expenses. This is because third-party providers often have access to a pool of skilled workers in low-cost locations.

• Improved efficiency
  

  Outsourcing can help companies improve efficiency by allowing them to focus on their core competencies. This can lead to increased productivity and profitability.

• Access to specialized expertise
  

  Outsourcing can give companies access to specialized expertise that they may not have in-house. This can help them to innovate and develop new products and services.

• Flexibility
  

  Outsourcing can provide companies with flexibility to scale their operations up or down as needed. This can be helpful during periods of rapid growth or economic downturn.

David L. Buckner is the co-founder and former CEO of Affiliated Computer Services, Inc. (ACS), a provider of IT outsourcing services. ACS has been a major contributor to Buckner's net worth. Buckner's success as CEO of ACS has also enhanced his reputation as a successful businessman. This reputation has helped him to attract investors and business partners. Buckner's net worth is a testament to his hard work, dedication, and business acumen.

FAQs about David L. Buckner Net Worth

Here are some frequently asked questions about David L. Buckner's net worth:

Question 1: What is David L. Buckner's net worth?

As of 2023, David L. Buckner's net worth is estimated to be $1.2 billion, according to Forbes.

Question 2: How did David L. Buckner make his money?

David L. Buckner made his money through a combination of business ventures and investments. He is the co-founder and former CEO of Affiliated Computer Services, Inc. (ACS), a provider of information technology outsourcing services. He has also made significant investments in private equity, venture capital, real estate, and stocks and bonds.

Question 3: What is David L. Buckner's investment strategy?

David L. Buckner's investment strategy is focused on identifying and investing in growing industries. He typically invests in companies with strong management teams and a history of profitability. He is also a patient investor, willing to hold investments for the long term.

Question 4: What is David L. Buckner's philanthropic activity?

David L. Buckner is a generous philanthropist, having donated millions of dollars to educational and medical research institutions. He is a major supporter of the University of Texas at Austin, where he established the David L. Buckner Leadership Institute.

Question 5: What is David L. Buckner's legacy?

David L. Buckner's legacy is one of entrepreneurship, innovation, and philanthropy. He is a role model for aspiring entrepreneurs and investors, and his contributions to the business community and society as a whole are significant.

Summary: David L. Buckner is a successful businessman, investor, and philanthropist. His net worth of $1.2 billion is a testament to his hard work, dedication, and business acumen.

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Understanding the concept of net worth and how it is calculated can be beneficial for various reasons. Here are some tips to consider:

Tip 1: Net worth is a measure of financial health.

It provides a snapshot of an individual's or organization's financial well-being by considering both assets and liabilities. By calculating net worth regularly, one can track their financial progress and make informed decisions.

Tip 2: Net worth can help identify areas for improvement.

By analyzing the components of net worth, one can pinpoint areas where they may need to focus their efforts. For example, if an individual has a high amount of debt, they may consider strategies to reduce it, thereby increasing their net worth.

Tip 3: Net worth can be used to set financial goals.

Whether it's saving for retirement, purchasing a home, or investing for the future, understanding one's net worth can help them establish realistic financial goals and create a plan to achieve them.

Tip 4: Net worth can motivate and encourage.

Tracking net worth over time can provide a sense of accomplishment and motivation. Seeing the progress made towards financial goals can encourage individuals to stay on track and make wise financial decisions.

Tip 5: Net worth should be considered in conjunction with other financial metrics.

While net worth is an important indicator of financial health, it should not be viewed in isolation. Other metrics such as cash flow, income, and expenses should also be considered to provide a comprehensive understanding of one's financial situation.

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Conclusion

David L. Buckner's net worth of $1.2 billion is a testament to his hard work, dedication, and business acumen. He is a role model for aspiring entrepreneurs and investors, and his contributions to the business community and society as a whole are significant.

Buckner's success story teaches us the importance of perseverance, innovation, and a commitment to excellence. He has demonstrated that it is possible to achieve great wealth and success through hard work, dedication, and a passion for one's work.

Buckner's legacy is one that will continue to inspire and motivate generations to come. He is a true pioneer in the field of information technology, and his contributions to the industry have helped to shape the way we live and work today.

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