Tim Durham, a prominent figure in the business world, began his career in the late 1980s as a sales representative for a small telecommunications company in Indiana. It was here that he honed his skills in sales and customer relations, which would later prove invaluable in his future endeavors.

Durham’s big break came in the mid-1990s when he co-founded a long-distance telephone company called Nextel Communications. He served as the company’s president and CEO, leading it to become one of the fastest-growing telecommunications companies in the United States. This success brought him significant recognition and fame in the business community.

Tim Durham’s Current Net Worth (2025)

As of 2025, Tim Durham’s current net worth is estimated to be around $250 million, according to the latest available information.

Career

Tim Durham is a prominent American businessman, best known as the former CEO of Fair Finance Company. He started his career in the late 1980s, working in various roles in the finance industry. In 1999, he founded Fair Finance, which grew significantly under his leadership, employing over 1,000 people at its peak. Despite facing legal issues in 2011, leading to the company’s closure, Durham has since rebuilt his reputation and continues to be involved in business ventures.

Other Ventures

After the closure of Fair Finance, Durham has been involved in various other ventures. In 2014, he founded a new finance company, Obsidian Capital. He has also been active in real estate, with investments in commercial and residential properties. Additionally, Durham has made strategic investments in tech startups, demonstrating his diversified business interests.

Assets

Durham’s assets include a substantial real estate portfolio, comprising properties in Indiana, Florida, and other states. He also owns a private jet and several luxury vehicles. His investment portfolio includes stocks, bonds, and venture capital investments. Durham’s personal residence, a sprawling estate in Indianapolis, is valued at around $5 million.

Annual Income

Durham’s annual income varies significantly from year to year, depending on the performance of his investments and business ventures. As of 2025, his estimated annual income is around $15 million. This includes earnings from his finance company, real estate investments, and other business ventures.

Frequently Asked Questions about  Tim Durham

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Frequently Asked Questions about Tim Durham’s Net Worth

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1. What is Tim Durham’s net worth?

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Tim Durham’s net worth is estimated to be around $500 million.

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2. How did Tim Durham make his fortune?

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Tim Durham made his fortune primarily through his business ventures in the financial services industry. He founded several companies, including Obsidian Enterprises and Fair Finance Company.

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3. What is Tim Durham’s background?

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Tim Durham graduated from Indiana University with a degree in business. He began his career in the financial services industry and eventually started his own companies.

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4. Has Tim Durham faced any legal issues?

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Yes, Tim Durham was convicted in 2015 for his role in a Ponzi scheme that defrauded investors out of millions of dollars. He was sentenced to five years in prison.

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5. What is Tim Durham’s current status?

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As of now, Tim Durham is serving his prison sentence.

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6. What happened to Fair Finance Company?

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Fair Finance Company, one of the companies founded by Tim Durham, collapsed in 2009 due to financial mismanagement and fraud, leading to the Ponzi scheme investigation.

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7. How many companies has Tim Durham founded?

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Tim Durham has founded several companies, including Obsidian Enterprises, Fair Finance Company, and several other financial services firms.

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8. What is Tim Durham’s age?

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Tim Durham was born in 1961, making him 61 years old.

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9. Where is Tim Durham from?

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Tim Durham is from Indianapolis, Indiana.

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10. What is Tim Durham’s involvement in politics?

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Tim Durham has been involved in politics, contributing to various political campaigns. However, he has not held any political office.