Schafer Schuster Net Worth

Doug Schieffer Net Worth: Estimates, Sources, Timeline

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Doug Schieffer is the CEO and President of Northland Concrete & Masonry Company, LLC, a commercial construction firm based in Shakopee, Minnesota. Based on publicly available business data, his estimated net worth falls in the range of $2 million to $8 million, with the most plausible figure sitting somewhere in the $3 million to $5 million band. That range is an informed estimate, not a confirmed valuation. No public disclosure of personal wealth exists for him, so every figure here is modeled from verifiable business data and industry benchmarks. If you are comparing this to a broader Coalton Schaefer net worth style estimate, keep the same caution about relying on modeling rather than confirmed disclosures.

Making sure we have the right Doug Schieffer

Two anonymous businessmen at separate desks in a minimal office, symbolizing two different Doug Schieffers.

There are at least two people named Doug Schieffer who show up in public records. One is a technology professional in the Greater St. Louis area with listed experience at Microsoft and an education background from Missouri University of Science and Technology. The other, and the one most searches land on, is the Doug Schieffer connected to a Minneapolis-area concrete and masonry business. The Minnesota identity is the more documented of the two from a wealth and business standpoint, supported by court filings, commercial real estate records, state association directories, federal carrier data, and multiple regional news articles. This article focuses on the Minnesota-based construction executive. If you landed on this article while searching kim schaefer net worth, use the same approach and identity cross-checks to avoid mixing up similarly named people and unverified valuation claims.

If you are researching the St. Louis tech professional, the public record on him is thin and no reliable wealth data exists in the public domain as of April 2026. The guidance in this article applies specifically to the Northland Concrete & Masonry CEO.

Current net worth estimates and how they're calculated

Estimating the net worth of a private business owner like Doug Schieffer requires working backward from business data rather than forward from personal disclosures. There is no public financial filing, no SEC registration, and no confirmed personal asset disclosure that gives us a clean number. What we do have are meaningful data anchors.

Dun & Bradstreet's public business listing for Northland Concrete & Masonry Company, LLC shows annual revenue of approximately $16 million. For a commercial construction and masonry company, industry-standard EBITDA margins typically run between 5% and 12%, which would put operating earnings somewhere in the $800,000 to $1.9 million range annually before debt service, owner compensation, and taxes. Using a modest private-company valuation multiple of 3x to 5x EBITDA, the business itself might be valued in the $2.4 million to $9.5 million range, depending on year and conditions. If Schieffer holds a controlling or majority ownership stake, his share of that business value is the single largest input in any net worth estimate.

Add to that the company's real property holdings. Northland Concrete & Masonry paid $4.125 million for a 35,000-square-foot warehouse and 21.7 acres at 1109 Stagecoach Road in Shakopee, Minnesota, according to Finance & Commerce. That transaction was reported with Schieffer himself quoted as company president, confirming both his role and the company's willingness to deploy significant capital into fixed assets. Real estate owned by a company in which he holds leadership interest adds indirect balance sheet weight, though the property sits on the business side of the ledger, not automatically the personal side.

Personal assets also documented in public records include a residential property at East Gull Lake in Minnesota, connected to high-profile litigation involving helicopter landings. The property appears to be personally owned rather than held by the company, adding another asset to the personal balance sheet, though no assessed value or sale price for that specific parcel has been confirmed in the available reporting.

Data PointSource TypeConfirmed or Estimate
Annual revenue ~$16MDun & Bradstreet business listingEstimate (D&B modeled)
$4.125M Shakopee warehouse purchaseFinance & Commerce commercial real estate reportConfirmed transaction
East Gull Lake residential propertyStar Tribune and MPR News court coverageConfirmed existence, value unconfirmed
Personal helicopter ownershipCourt filings and regional news coverageConfirmed ownership
Net worth range $3M–$5MModeled from business data and industry benchmarksEstimate only

Where to look for primary sources

Close-up of a laptop showing a generic business-filing search page with empty results fields

If you want to verify or refine this estimate yourself, these are the most productive places to search as of April 2026:

  • Minnesota Secretary of State business filings: Search Northland Concrete & Masonry Company, LLC to confirm registered officers, ownership structure changes, and any amendments to Articles of Organization.
  • Crow Wing County and Scott County property records: East Gull Lake falls in Crow Wing County; Shakopee operations are in Scott County. Both counties maintain online property tax and assessed value databases that are publicly searchable.
  • FMCSA carrier database: Northland Concrete and Masonry Company LLC holds DOT #446717. The FMCSA portal confirms officer names and business address, useful for verifying the Schieffer connection.
  • Dun & Bradstreet public business profile: Lists annual revenue, employee count, and officer names, though D&B revenue figures are modeled estimates, not audited financials.
  • Finance & Commerce commercial real estate transaction database: The Shakopee warehouse deal is archived here and confirms the $4.125 million purchase price.
  • Star Tribune and MPR News archives: The East Gull Lake helicopter lawsuit coverage from 2024 through the March 2026 ruling provides court-documented details about personal assets and business identity.
  • Minnesota Concrete & Masonry Contractors Association member directory: Confirms Northland Concrete & Masonry's active membership and lists Schieffer as the primary contact.

What drives the money: earnings and business holdings

Northland Concrete & Masonry is a commercial-scale construction contractor operating in the Twin Cities metro and broader Minnesota market. Commercial masonry and concrete work is a capital-intensive, project-based business, meaning revenue swings with construction cycles but long-term players with established contractor relationships can sustain consistent work volume. At roughly $16 million in annual revenue, Northland sits in the mid-tier range for regional specialty contractors, large enough to carry equipment and property assets but not large enough to have institutional investors or public reporting obligations.

Schieffer's title has appeared interchangeably as both CEO and President across different public sources. The contact page at Northland Concrete lists him as CEO, while the Finance & Commerce article quotes him using the title President. Both roles in a privately held company of this size typically indicate an ownership or majority-ownership position, which is what makes the business valuation central to the net worth calculation. Other named officers at the company include Allen Skogquist as President and Joel Hempel as Vice President, which suggests a leadership team rather than a sole proprietorship, adding some complexity to estimating Schieffer's exact equity share.

Beyond the operating business, the company's real estate investment in Shakopee (the $4.125 million warehouse on 21.7 acres) is a notable holding. Owning physical infrastructure rather than leasing is a sign of a company generating enough margin to deploy capital into long-term assets, which in turn adds to the overall enterprise value.

Personal asset visibility comes primarily through the East Gull Lake property and the helicopter, both documented through court proceedings. A privately owned helicopter is not a trivial asset: depending on make and model, light utility helicopters commonly used for personal transport range from $250,000 to over $1 million. No specific model or appraised value has been publicly confirmed in the reporting available.

Assets vs. liabilities: what actually counts

Minimal photo of a notebook with a blank ledger page, coins, and keys representing assets and liabilities

Net worth is assets minus liabilities. That sounds simple, but private business owners often have the two deeply intertwined. Here is how to think about each side of the ledger for someone in Schieffer's position.

What counts as an asset

  • Equity stake in Northland Concrete & Masonry Company, LLC (value depends on ownership percentage and company valuation at any given time)
  • East Gull Lake residential property (confirmed to exist; assessed value not publicly confirmed)
  • Personal helicopter (confirmed ownership via court filings; model and value unconfirmed)
  • Business real estate through company ownership, particularly the Shakopee warehouse and acreage purchased for $4.125 million
  • Any personal investment accounts, retirement funds, or other financial holdings not publicly documented

What does not automatically count

  • Company revenue: $16 million in annual revenue is not net worth. Revenue minus costs, taxes, and debt service produces income, which then accumulates into personal wealth over time only when extracted or converted.
  • The $4.125 million warehouse: This is a company asset, not a personal one, unless Schieffer personally guaranteed the transaction or holds real estate through personal ownership structures not yet documented.
  • Litigation outcomes: The East Gull Lake lawsuit resulted in a ruling against Schieffer in March 2026. Any legal fees, settlements, or judgments from that six-year dispute would reduce net wealth, not add to it.

On the liability side, a company of Northland's size in a capital-intensive industry almost certainly carries equipment financing, lines of credit, and potentially a mortgage on the Shakopee property purchase. Personal guarantees on business debt are common at this business scale and would appear on Schieffer's personal balance sheet if they exist, though no specific debt figures are publicly documented.

How the wealth picture has shifted over time

Split view of an aging concrete yard vs a cleaner modern warehouse yard, suggesting business growth over time.

Northland Concrete & Masonry has been operating long enough to be listed in the Minnesota Concrete & Masonry Contractors Association's member directory and to have achieved the revenue and asset scale reflected in current records. The most concrete timestamped milestones that are publicly traceable are these:

  1. Shakopee warehouse acquisition: Northland Concrete & Masonry purchased the 35,000-square-foot facility and 21.7 acres at 1109 Stagecoach Road in Shakopee for $4.125 million, as reported by Finance & Commerce. This transaction reflects a company large enough to commit significant capital to owned infrastructure, marking a stage of business maturity.
  2. East Gull Lake property ownership: Schieffer's personal lake home became publicly documented through litigation. Court records confirm a years-long dispute over helicopter access to the property, beginning at least by 2020 based on references to a six-year legal saga that concluded with a March 31, 2026 ruling.
  3. 2024 lawsuit and 2026 ruling: The lawsuit against East Gull Lake, filed in 2024 per Star Tribune reporting, ended with a judge ruling against Schieffer. The legal proceedings represent both a personal cost (legal fees) and a reputational matter, though no financial damages against him are confirmed in available reporting.
  4. Current status (April 2026): Northland Concrete & Masonry remains an active company with Schieffer listed as a primary officer across multiple public directories. No filings suggest financial distress, dissolution, or major ownership changes.

The overall arc is consistent with a regional construction executive who built a mid-size specialty contractor to a sustainable revenue base, invested in physical infrastructure, and accumulated personal assets including real property and high-value personal items. The litigation costs in the East Gull Lake matter are a downward pressure on net worth since 2020, but not likely material enough to significantly shift the overall range.

How to verify or challenge a wealth estimate without speculation

If you encounter a significantly different Doug Schieffer net worth figure somewhere online, here is how to evaluate it. If you specifically want a focused comparison like tim schaecker net worth, treat it the same way by checking the underlying sourcing and identity details first. If you were searching for Kim Schaefer's Great Wolf Lodge net worth, you would want to start with credible sources tied to the correct person and role at the resort <a data-article-id="01524204-4432-41F3-BBD1-39040286AFBA"><a data-article-id="1E6B6888-65AA-464A-8544-1AD618CABF76">Doug Schieffer net worth</a></a>. To evaluate george w schaeffer net worth claims responsibly, cross-check the underlying documents and identity details first Doug Schieffer net worth. When you see a specific number tied to Bernie Schaeffer net worth, make sure it is sourced to a verifiable identity and supporting documents, not just a generic valuation claim Doug Schieffer net worth. If you are specifically trying to confirm a George Schaeffer OPI net worth claim, you should start by tracing the underlying sources and identity details behind any published figure. First, ask what it is based on. A number that simply cites revenue, multiplies it by some arbitrary factor, or provides no sourcing is not a wealth estimate. It is a guess. Responsible estimates, like the range offered here, are built from documented transactions, public business filings, and industry-standard valuation methods applied transparently.

Second, check whether the source distinguishes between personal and business assets. A company's real estate purchase does not equal the owner's personal net worth. A company's revenue does not equal annual income. These conflations are the most common errors in amateur wealth estimates published on aggregator sites.

Third, verify the identity. As noted earlier, multiple people share the name Doug Schieffer. A net worth estimate for the St. Louis-area tech professional would look completely different from one for the Minnesota construction CEO, and conflating them produces useless numbers.

If you want to challenge or refine the estimate with your own research, the most productive documents to seek are: Minnesota Secretary of State LLC records showing ownership percentages if disclosed, Crow Wing County property tax records showing assessed values for the East Gull Lake parcel, any liens or UCC filings against Northland Concrete & Masonry in the Minnesota UCC lien registry, and any publicly available court documents from the East Gull Lake litigation that reference asset values or financial disclosures.

Net worth profiles for private business owners in adjacent spaces, such as profiles of construction and specialty contractor executives in similar revenue tiers, can also serve as a useful benchmarking tool. The site's profiles covering wealth figures for business executives across related industries offer useful context for comparing how construction-sector wealth typically accumulates relative to revenue and tenure.

FAQ

Why does Northland’s real estate purchase matter, but not necessarily to Doug Schieffer’s personal net worth?

Yes, but only if you separate (1) the business value of Northland from (2) what is actually distributed or personally guaranteed. A company-owned warehouse can increase enterprise value, but it is not automatically transferable to personal net worth without dividends, distributions, or liquidation after liabilities are paid.

How can I adjust the estimate if I’m not sure whether Doug Schieffer owns a majority stake in Northland Concrete & Masonry?

Start by identifying whether Schieffer’s equity is majority, minority, or unclear. If he is majority owner, a larger portion of estimated EBITDA value typically flows to him, but if he is not controlling, your model should apply a smaller ownership percentage to the business value.

Why do some websites give unrealistically high or low net worth numbers based on revenue?

Be careful with revenue-to-net-worth shortcuts. Even with $16 million revenue, net worth depends on profitability (EBITDA margins), capital intensity, and debt. A firm can have high revenue and modest net income, so you should rely on margin and leverage assumptions rather than revenue multiples alone.

How do liabilities change a net worth estimate for a capital-intensive contractor?

Northland can have valuable equipment and inventory, but those assets must be netted against equipment loans, lines of credit, and any mortgages. For a more accurate range, look for UCC lien filings or mortgage records, because liabilities can meaningfully reduce the owner’s effective equity value even when the business assets look large.

Does being listed as CEO or President confirm ownership, and how should I treat title information?

Title and officer role matters because it can hint at ownership, but it is not proof. CEO and President listings suggest senior management and possibly ownership, yet the cleanest confirmation comes from Minnesota Secretary of State ownership or manager/member records and any disclosed equity structure.

How should I treat the East Gull Lake property and the helicopter when the reporting does not state assessed or appraised values?

Look for two different categories of personal assets in reporting: (1) personally titled property (like the East Gull Lake parcel), and (2) assets used personally but owned through an entity. If court records or filings describe ownership directly, use that. If they only describe access or use, treat it as uncertain for net worth until ownership is clarified.

What is the right way to incorporate the East Gull Lake litigation into a net worth range?

Yes, litigation can affect net worth, but your impact range depends on the type of financial exposure described in court documents. Search for references to settlements, judgments, insurance coverage, defense costs, and whether the matter alleges conduct tied to personal versus corporate assets.

How do I ensure I’m researching the correct Doug Schieffer when multiple people share the name?

To avoid identity errors, verify location and employment simultaneously. The Minnesota construction executive profile should align with Northland Concrete & Masonry leadership and Shakopee-area business records, while the St. Louis tech professional will align with different employers, resumes, and geography.

Is private business net worth the same as personal cash or income?

Often, yes. Many private business net worth models ignore that the owner may not hold a liquid share of equity, and that personal liquidity can be low even when business equity is high. If you’re comparing “net worth” to “cash available,” differentiate equity value from accessible personal funds.

What method should I use to stress-test my own private-company net worth calculation?

A good sanity check is to recompute business value using multiple plausible EBITDA margin and valuation multiples, then apply a reasonable ownership percentage and subtract estimated business-level debt that would reduce equity. If your result collapses to a very narrow band or jumps wildly with small assumption changes, your inputs are likely missing key constraints.

If Northland bought a warehouse for millions, why doesn’t that automatically mean Doug Schieffer is worth millions more?

Yes, and it’s a common mistake. A company purchase price, even a large one, does not equal the personal owner’s net worth because the business may have mortgages, UCC liens, and other obligations. Net worth should be based on equity, not asset gross value.

How can I evaluate whether a specific Doug Schieffer net worth figure is credible?

When you see a single exact number online, check whether it states assumptions like ownership percentage, EBITDA margin, and whether it distinguishes business versus personal holdings. If it only provides a simple multiplier of revenue or uses an unattributed number, treat it as an unsourced guess and prioritize document-backed inputs instead.

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