Billionaire Profile
David Steward
Global Rank
#234

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 March 6, 2026
0% (24h)
Age
74
Source
IT provider
Industry
Technology
Citizenship
UNITED STATES

Biography

David Steward is an American billionaire businessman, and philanthropist, widely recognized as the wealthiest Black man in America. He is the founder and chairman of World Wide Technology (WWT), an IT provider, which he co-founded in 1990. Steward's career began in sales and through strategic vision, he built WWT into a global technology solutions provider with over 12,000 employees and $20 billion in annual revenue, solidifying his status as a leading figure in the technology industry. Steward is known for his faith-based approach to business and commitment to diversity and inclusion. His wealth stems from his IT services company and his perfect 'self-made' score on the Forbes scale, marking his extraordinary journey from humble beginnings.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

David Lloyd Steward was born in Chicago, Illinois, on July 2, 1951. His family moved to Clinton, Missouri, shortly after. Growing up, Steward experienced the challenges of poverty and segregation. His father worked as a mechanic, janitor, and trash collector to support the family, while Steward faced segregation in schools and public spaces. He graduated from Clinton Senior High School in 1969. These early experiences shaped his determination and resilience.

Rise to Success

Steward's career began after graduating with a Bachelor of Science in business administration from Central Missouri State University in 1973. He worked in sales for Missouri Pacific Railroad and Federal Express, where he was recognized as Salesman of the Year. In 1990, Steward co-founded World Wide Technology (WWT) with a partner. Initially, the company faced financial hardships, but Steward's strategic vision and leadership propelled WWT to become a leading IT provider. He put up $250,000 he earned from two previous auditing ventures to start the St. Louis-based WWT business.

Key Business Strategies

WWT's success is attributed to several key strategies: establishing strong partnerships, including with Cisco, and offering comprehensive technology solutions. The company expanded its services to include cloud computing, cybersecurity, and data analytics. Steward's focus on customer satisfaction and employee development has also contributed to WWT's growth. Today, WWT serves top corporate clients and the federal government. Steward holds a majority stake in the $20 billion enterprise.

Philanthropy

David Steward is dedicated to giving back to his community. He and his wife, Thelma, established the Steward Family Foundation, which supports initiatives in education, health, and human services, particularly in underserved communities. The Stewards have contributed millions to various organizations, including the United Way and educational programs. Steward's philanthropy extends to STEM education and workforce development initiatives, reflecting his commitment to creating opportunities for others.

Career Milestones

1973

Graduated from Central Missouri State University

Earned a degree in business administration.

1981

Salesman of the Year at FedEx

Recognized for outstanding sales performance and inducted into the FedEx Sales Hall of Fame.

1990

Co-founded World Wide Technology

Launched WWT, an IT solutions provider, with a partner.

2014

Received the Horatio Alger Award

Awarded for outstanding achievements in business and community leadership.

Philanthropy & Social Impact

Education, Health, and Human Services

Steward Family Foundation

Millions

Supports education, health, and human services, with a focus on underserved communities.

Education

David and Thelma Steward Institute for Jazz Studies

$1.3M

Donated to the University of Missouri-St. Louis to create this institute.

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.”"

""I believe it takes a community to raise a child."

Leadership Principles

Faith-based Approach

David Steward integrates his Christian faith into his business practices.

Diversity and Inclusion

Advocates for creating opportunities for underrepresented groups.

Community Engagement

Focuses on creating positive change for underserved communities through philanthropy.