BillionaireNet
Steward
David Steward
Rank #237
UNITED STATESTechnologyIT provider

David Steward

Net Worth
$12.412B
0% (24h)
David Steward is an American billionaire businessman, known for founding World Wide Technology (WWT), a leading IT provider. Born in Chicago and raised in Missouri, Steward's journey from humble beginnings reflects his dedication and vision. With a current net worth of $12.4 billion, he is a prominent figure in the technology industry, and is a strong advocate for education, health, and underserved communities. Steward's career includes significant roles at Wagner Electric, Missouri Pacific Railroad, and Federal Express before establishing WWT in 1990. His success stems from innovative business strategies and a commitment to faith-based principles. WWT, under Steward's leadership, has become the largest Black-owned company in the United States, providing services to numerous Fortune 100 companies.

The Full Dossier

Early Life

David Lloyd Steward was born in Chicago, Illinois, on July 2, 1951. His family moved to Clinton, Missouri, in 1953. Growing up in Clinton, Steward experienced poverty and racial segregation. He received a Bachelor of Science in business from Central Missouri State University in 1973.

Rise to Success

After graduating, Steward held various positions, including production manager at Wagner Electric, sales representative at Missouri Pacific Railroad, and senior account executive at Federal Express, where he was recognized as salesman of the year. In 1990, he founded World Wide Technology (WWT). WWT grew to become the largest Black-owned company in the United States, providing IT services to major corporations. Steward's leadership has been key to WWT's success, with annual revenues exceeding $20 billion and partnerships with numerous Fortune 100 companies.

Key Business Strategies

Steward's business strategies include a focus on customer needs, building strong partnerships, and creating a diverse workforce. WWT has expanded its offerings to include cloud computing, cybersecurity, data analytics, and consulting services. His approach emphasizes strong cultural values and collaboration, which have contributed to the company's growth. WWT has a significant global presence, with operations in multiple countries.

Philanthropy

Steward and his wife, Thelma, established the Steward Family Foundation, supporting initiatives in education, health, and human services, with a focus on underrepresented communities and faith-based organizations. The Stewards have contributed millions to various organizations, including the United Way of Greater St. Louis, and numerous educational and cultural programs. Steward has also served on the boards of several civic and educational institutions.

Career Timeline

2014

Horatio Alger Award

Received the Horatio Alger Award for business and community leadership.

1998

Ernst & Young Entrepreneur of the Year

Awarded for his entrepreneurial achievements.

1990

Founded World Wide Technology (WWT)

Established WWT, which became a leading IT solutions provider.

1981

Salesman of the Year at Federal Express

Inducted into the company's Sales Hall of Fame.

1973

Graduated from Central Missouri State University

Earned a Bachelor of Science in Business.

Philanthropic Impact

Education, Health, Human Services$XB

Steward Family Foundation

Supports initiatives in education, health, and human services.

EducationUnknown

Thelma Steward Future Nurse of Excellence Scholarship

Provides full-tuition scholarships to African American nursing students

Community SupportMillions

United Way of Greater St. Louis

Supports the United Way ecosystem.

Wealth Trajectory