Billionaire Profile
David Steward
Global Rank
#250

Image: David Robinson  | CC BY-SA 2.0 | via Wikimedia Commons

David Steward

CEO, IT provider
UNITED STATES
Real-Time Net Worth
$12.412B
Estimated based on IT provider stock value as of April 20, 2026
0% (24h)
Age
74
Source
IT provider
Industry
Technology
Citizenship
UNITED STATES

Biography

David Steward is an American billionaire businessman, and philanthropist, known for founding World Wide Technology (WWT). Born in Chicago in 1951 and raised in Missouri, Steward faced adversity early on, including racial segregation and financial hardship. His journey from humble beginnings to becoming the chairman of a global IT provider is a testament to his resilience and vision. Steward's leadership at WWT has transformed the company into the largest Black-owned business in the United States, with an estimated net worth of $11.4 billion as of 2024. His career includes sales roles at Missouri Pacific Railroad and FedEx, where he earned accolades before launching WWT in 1990. Steward is also recognized for his commitment to philanthropy and community development, and for his faith-based approach to business.

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Live Data
Updated 4/20/2026

Wealth Over Time

In-Depth Profile

Early Life

David Lloyd Steward was born in Chicago, Illinois, on July 2, 1951. Soon after his birth, his family moved to Clinton, Missouri. Growing up in Clinton, Steward experienced segregation, attending segregated schools and facing restrictions in public spaces. He witnessed his father working as a mechanic, janitor, and trash collector. Steward's family lived a humble life, and these experiences shaped his character and fueled his determination. Steward's experiences in Clinton, Missouri, particularly the segregation he faced, profoundly impacted him. These early challenges instilled in him a strong work ethic and a commitment to overcoming obstacles.

Rise to Success

After graduating from Central Missouri State University in 1973 with a degree in business administration, Steward began his career. He worked in sales for Missouri Pacific Railroad, Union Pacific, and FedEx. At FedEx, he was recognized as Salesman of the Year and inducted into the company's Hall of Fame in 1981. In 1990, Steward co-founded World Wide Technology (WWT) with a modest budget. Despite early financial struggles, including going without a paycheck and facing repossession of his car, Steward persevered. WWT's success grew over the years.

Key Business Strategies

WWT specializes in providing IT solutions to Fortune 500 companies and government agencies. Steward's vision and leadership transformed WWT into a global technology solutions provider, focusing on supply chain logistics, systems integration, and consulting services. The company's core values and strong collaboration between employees have been essential to its success. In 2023, WWT recorded sales of $17 billion.

Philanthropy

David Steward and his wife, Thelma, established the Steward Family Foundation, supporting initiatives in education, health, and human services, with a focus on underrepresented communities. Through the foundation and personal giving, the Stewards have contributed millions to various organizations, including the United Way of Greater St. Louis. In 2018, Steward donated $1.3 million to the University of Missouri-St. Louis to create the David and Thelma Steward Institute for Jazz Studies.

Career Milestones

1973

Graduated from Central Missouri State University

Obtained a Bachelor of Science in Business Administration

1981

Salesman of the Year

Recognized as Salesman of the Year at Federal Express and inducted into the company's Hall of Fame

1990

Founded World Wide Technology

Co-founded World Wide Technology, a technology solutions provider

2000

Named one of the 100 Leaders for the Millennium

Recognized by the St. Louis Business Journal

2014

Horatio Alger Award

Received the Horatio Alger Award

Philanthropy & Social Impact

Education, Health, Human Services

Steward Family Foundation

Undisclosed

Supports initiatives in education, health, and human services.

Education

David and Thelma Steward Institute for Jazz Studies

$1.3B

Created at the University of Missouri-St. Louis.

Business Philosophy & Leadership

Notable Quotes

""The breadth and depth of opportunities we have here, coupled with a culture that allows you to be all you can be, makes it possible for anyone to be successful.""

""It's something to celebrate. But there's still much more to do.""

Leadership Principles

Faith-based approach

Employs a faith-based approach to business.

Values-driven leadership

Emphasizes inclusive and values-driven leadership.

Community engagement

Committed to diversity, equity, and inclusion for underrepresented communities.