Billionaire Profile
Jim Davis
Global Rank
#1049

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Jim Davis

CEO, Staffing & recruiting
UNITED STATES
Real-Time Net Worth
$4.015B
Estimated based on Staffing & recruiting stock value as of March 6, 2026
0% (24h)
Age
65
Source
Staffing & recruiting
Industry
Service
Citizenship
UNITED STATES

Biography

Jim Davis is an American billionaire businessman, best known for co-founding Allegis Group, the largest staffing firm in the U.S.. Davis, alongside his cousin Steve Bisciotti, launched Allegis (then Aerotek) in 1983. Davis's career began with a sales engineer role and has since led him to a net worth estimated at $4.0 billion as of February 2, 2026. He is known for his philanthropic efforts and has made significant contributions to various educational and cultural institutions.

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

Wealth Over Time

In-Depth Profile

Early Life

Jim Davis was born in 1943 in Brookline, Massachusetts. He attended Worcester Academy and then Middlebury College, where he earned a bachelor's degree in biology and chemistry in 1966.

Rise to Success

Davis began his career as a sales engineer at LFE Corporation and then as a marketing manager for Applied Geodata Systems. In 1983, he co-founded Aerotek, later Allegis Group, with his cousin Steve Bisciotti. Allegis Group has grown to become a major player in the staffing industry, with offices across four continents and annual revenues exceeding $14 billion.

Key Business Strategies

Davis's success stems from a focus on building strong relationships, creating opportunities for employees, and connecting skilled professionals with companies. The company's growth reflects its commitment to providing staffing solutions in various sectors, particularly the IT industry. Through Redwood Capital, the cousins also invest in other ventures, demonstrating a diversified approach to business.

Philanthropy

Davis and his wife, Ann, are known for their philanthropic work, particularly through the New Balance Foundation. Their contributions focus on health, wellness, youth development, and education, including substantial donations to institutions like Middlebury College and Massachusetts General Hospital. The Davis family has donated more than $165 million to date.

Career Milestones

1983

Co-founded Aerotek (later Allegis Group)

Launched the staffing company with his cousin Steve Bisciotti, which has grown into the largest staffing firm in the U.S.

Philanthropy & Social Impact

Health, Wellness, Youth Development, and Education

New Balance Foundation

$165M+

The foundation focuses on health, wellness, youth development, and education.