Eric Hovde is an American businessman, investor, philanthropist, and political figure known for his work in banking, real estate, and conservative political campaigns. He gained public attention during his 2012 run for U.S. Senate in Wisconsin and recently re-emerged in political headlines in 2024. Hovde is also the CEO of Hovde Properties and Hovde Foundation, organizations that reflect both his business acumen and philanthropic spirit. This article explores Eric Hovde’s net worth, personal background, business ventures, and political influence.
Eric Hovde Net Worth
Eric Hovde has accumulated considerable wealth through decades of success in banking, real estate development, investment management, and private equity. His net worth also benefits from long-standing family involvement in finance.
| Net Worth | Estimated Amount |
| Net Worth | $50 million – $75 million |
| Annual Earnings | $5 million – $10 million |
| Sources of Income | Banking, real estate, private equity, political investments, family wealth |
Hovde’s wealth allows him to self-fund large parts of his political campaigns and continue investing in commercial properties and philanthropic initiatives.
Eric Hovde Biography / Wiki
Eric Hovde was born and raised in Madison, Wisconsin. He has a long history tied to finance, both through education and family legacy. After attending college, he joined the financial services industry and eventually took over multiple businesses related to real estate and banking.
| Attribute | Details |
| Full Name | Eric Hovde |
| Eric Hovde Birth Year | 1964 |
| Eric Hovde Age | 61 years old (as of 2025) |
| Eric Hovde Birthplace | Madison, Wisconsin, USA |
| Eric Hovde Nationality | American |
| Eric Hovde Profession | Businessman, Investor, Politician |
| Eric Hovde Known For | CEO of Hovde Properties and U.S. Senate candidate |
| Eric Hovde Active Years | 1990s – Present |
His name is also associated with philanthropic work both in the U.S. and developing nations.
Eric Hovde Physical Appearance
Eric Hovde presents himself with a polished, business-class appearance suitable for both corporate leadership and political campaigns.
| Attribute | Details |
| Height | 6 feet 1 inch (185 cm) |
| Weight | 185 lbs (84 kg) |
| Hair Color | Gray |
| Eye Color | Blue |
| Style | Business formal, professional |
Whether speaking at a political rally or in boardrooms, Hovde maintains a dignified presence.
Eric Hovde Career Highlights and Business Ventures
Eric Hovde is the CEO of Hovde Properties, a real estate investment and development firm, and Hovde Financial, which focuses on bank investment and advisory services. He’s also chairman of Sunwest Bank, a privately held bank based in California.
| Year | Milestone |
| 1994 | Founded Hovde Capital Advisors |
| 2005 | Became CEO of Hovde Properties and Hovde Financial |
| 2012 | Ran for U.S. Senate (Wisconsin Republican Primary) |
| 2020 | Expanded Sunwest Bank into new markets |
| 2024 | Announced Senate run against Tammy Baldwin (WI) |
His combined leadership across real estate and finance has made him a powerful figure in both sectors.
Eric Hovde Assets and Investments
Hovde owns significant property assets through Hovde Properties, which manages commercial and residential real estate throughout the U.S. His wealth portfolio includes banks, real estate, and equity investments.
| Asset Category | Details |
| Real Estate | Owns residential and commercial properties |
| Financial Firms | CEO of Hovde Financial and Sunwest Bank |
| Luxury Items | Lives in upscale homes; known for conservative lifestyle |
| Investments | Real estate funds, community banks, private equity |
Though wealthy, Hovde tends to avoid public displays of luxury, favoring business efficiency and philanthropy.
Eric Hovde Family and Personal Life
Eric Hovde comes from a well-known Wisconsin family deeply involved in banking and public service. He is married and has children, though he keeps most family details private.
| Relation | Details |
| Marital Status | Married |
| Spouse | Name not publicly disclosed |
| Children | Has children (names kept private) |
| Sibling | Steven Hovde (business partner) |
He shares leadership roles with his brother in family-run ventures.
Eric Hovde Political Career and Beliefs
Hovde is a Republican who first entered the political spotlight in 2012 during his U.S. Senate run. He is known for supporting free market policies, limited government, and financial deregulation.
| Year | Activity |
| 2012 | Ran in Wisconsin GOP primary for U.S. Senate |
| 2012 | Lost to former Governor Tommy Thompson |
| 2024 | Announced another U.S. Senate bid in Wisconsin |
He campaigns as an outsider with deep business experience, focusing on economic issues and border control.
Philanthropy and the Hovde Foundation
Eric Hovde co-founded the Hovde Foundation, which focuses on helping vulnerable children in the U.S. and globally. The foundation operates Hovde Houses—residences for abused, neglected, and homeless children.
| Focus Areas | Description |
| Global Programs | Hovde Houses in Latin America and Africa |
| U.S. Initiatives | Youth shelters and support services |
| Funding Sources | Personal contributions and charitable donations |
His charitable work is central to his public image and deeply reflects his values.
Eric Hovde Social Media and Public Presence
Eric Hovde has an active political presence on social media, especially during election cycles. His business entities also maintain a professional online presence.
| Platform | Username | Link |
| Eric Hovde Twitter | @EricHovde | twitter.com/EricHovde |
| Eric Hovde LinkedIn | Eric Hovde | linkedin.com/in/erichovde |
| Eric Hovde Website | Hovde Foundation | hovdefoundation.org |
| Campaign Site | Eric Hovde for Senate | hovdesenate.com |
He shares updates on policy issues, campaign events, and philanthropy news.
Frequently Asked Questions (FAQs) About Eric Hovde
What is Eric Hovde’s net worth?
Eric Hovde’s estimated net worth is between $50 million and $75 million.
What businesses does Eric Hovde own?
He is the CEO of Hovde Properties, Hovde Financial, and Chairman of Sunwest Bank.
Is Eric Hovde running for Senate?
Yes, he announced his 2024 U.S. Senate run to challenge Tammy Baldwin in Wisconsin.
What is the Hovde Foundation?
It’s a nonprofit focused on helping vulnerable children through shelters and support programs.
Where does Eric Hovde live?
He lives in Madison, Wisconsin, with properties and business interests across the country.