About Author-Eric Hovde An established American political figure and businessman, Eric Hovde has established himself in the United States business and political scene. Hovde, who is one of the top Wisconsin financial players, has a fortune that grew from decades of real estate, banking, and investment; he has wealth comparable to the wealthiest 1 percent of the population. The story is inspiring for those who grew up in the same extreme poverty as Jensen did, toiling in large scale commercial tomato fields before becoming a businessman and politician.

In this post, we will explore Eric Hovde’s net worth, profession, family, assets, investment and charity and share a thorough source of Eric Hovde’s wealth!

Who is Eric Hovde?

Hovde was born in Madison, Wisconsin on November 9, 1964. Not only is he a business tycoon, but also a prolific philanthropist and a politician. Hovde is perhaps most well known for his work in banking and investment management and for philanthropy.

He studied at the University of Wisconsin-Madison, where he graduated with a degree in Economics and International Relations. His education prepared him for a career as a financial,, real estate, and political decision maker.

Eric Hovde’s Career Journey

Professional career Hovde started his professional career in finance by founding and running several companies in real estate development, banking and investment management. His businesses have made him rich, over the years.

  • Hovde Properties – A private commercial real estate development and management company owned by the Hovde family, Eric led the company in its growth.
  • Hovde Capital – A bank and financial services investment firm, highlighting the company’s financial industry knowledge.
  • Sunrise Banks – Board member and active member of banking institutions in the US.

Outside of business, Hovde had a brief political career as a candidate for the U.S. Senate from Wisconsin. His numerous campaigns, if not always victorious, served to make him better known and increased his influence.

Eric Hovde Net Worth Overview

As Series goes to press, Eric Hovde has a net worth of $60 – $100 million in 2025. Real estate investments, along with banking and private equity investments, are the main source of his wealth.

Here is a detailed summary of Eric Hovde’s wealth and assets:

CategoryDetails
Full NameEric J. Hovde
Date of BirthNovember 9, 1964
ProfessionBusinessman, Investor, Politician
Primary Income SourcesReal Estate, Banking, Investment Management
Estimated Net Worth$60 Million – $100 Million (2025)
EducationUniversity of Wisconsin–Madison (Economics & International Relations)
Companies OwnedHovde Properties, Hovde Capital, Investment Firms
PhilanthropyHovde Foundation (supports housing, healthcare, and education globally)
Political AffiliationRepublican Party
Social mediatwitter,
ResidenceMadison, Wisconsin, USA

Sources of Eric Hovde’s Wealth

  1. Real Estate Investments

Hovde Fortune Eric Hovde has a gained fortune from his Hovde Properties which is a real estate development and management firm that has had taken much of the credit to his growth in wealth. The firm has a portfolio of commercial and residential properties throughout the United States.

  1. Banking and Finance

Hovde is heavily invested in banking, with substantial stakes in community banks. He is in the investment management business, and his firm, Hovde Capital, has become centered on financial companies, the source of much of his income.

  1. Political Campaigns and Influence

Though not directly enriching, Hovde’s political life has served to raise his profile, improving his stature as a business leader and intellectual power player.

  1. Investments in Startups and Equity

Hovde’s network investments have also included private equity, startups and cutting edge businesses adding to his portfolio and hiking his net worth.

By donating to the Hovde Foundation.

Hovde was a co-founder of the Hovde Foundation and the Foundation is a significant part of his public persona. The foundation funds the following causes across the globe:

  • Installing homeless shelters for children in Africa, Central America and South America.
  • Funding healthcare projects for the poor.
  • Funding youth education programs that educate kids about their own power.

His charity is an affirmation of his commitment to making a difference, and it increases his impact beyond business and politics.

Eric Hovde’s Political Career

Eric Hovde is a political activist who ran for the U.S. Senate from Wisconsin as a Republican in 2012. Despite losing, his candidacy gained national attention. He is still a major force in Wisconsin politics, and has enough money to back political ventures and programs that coincide with his views.

Eric Hovde’s Personal Life and Lifestyle

People of his wealth category usually don’t draw that much attention to themselves, but Eric Hovde prefers to keep a low profile than most of his fellow billionaires. He lives in Madison, Wisconsin, and volunteers for community service.

Personal life Hovde is a married family man; always juggling business, his philanthropy and personal obligations.

Future Net Worth Projections

Eric Hovde in real estate, banking, and finance, so which means Eric Hovde’s net worth will continue to grow in the future. With business and philanthropy, he earns the interest even as he does well by doing good worldwide.

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FAQs

How much is Eric Hovde worth today?

As of 2025, Eric Hovde has an estimated net worth of between $60 million and $100 million.

How Eric Hovde earned his money?

His fortune was primarily made in real estate development, banking and investment management.

Does Eric Hovde do any philanthropy?

Yes Eric Hovde is a co founder of the Hovde foundation funding housing health education around the world.

Was Eric Hovde an elected official?

Yes, he did run for the U.S. Senate from Wisconsin in 2012, and he continues to make the rounds in political conversations.

Where does Eric Hovde live?

He lives in Madison, Wisconsin and runs his businesses and philanthropy there.

Conclusion

From self-made entrepreneur with roots in Wisconsin, to millionaire philanthropist, political leader and innovative thinker, the life of Eric Hovde exemplifies prosperity and success, from local communities to the State capitol in Washington D.C. With a reported net worth of somewhere between $60 million to $100 million, his work in real estate, banking and in helping the less fortunate underscores his standing in both the business world and in society at large.