David Steward is a name that resonates with success and wealth. As the chairman and founder of World Wide Technology, he has built a multi-billion-dollar empire. But just how much is David Steward worth? According to Forbes, his net worth is estimated to be $6 billion, solidifying his position as one of the wealthiest individuals in the United States.
Steward’s path to riches began with his entrepreneurial journey and his ability to build a highly successful technology company. From humble beginnings to becoming a billionaire, his story is one of determination and perseverance. Join us as we dive into the life and career of David Steward, exploring the factors that have contributed to his immense wealth and influence.
Key Takeaways:
- David Steward’s net worth is estimated to be $6 billion.
- He is the chairman and founder of World Wide Technology.
- Steward’s success stems from his entrepreneurial journey and his ability to build a highly successful technology company.
- His story is one of determination and perseverance.
- Steward’s immense wealth and influence place him among the wealthiest individuals in the United States.
Early Life and Background
David Steward, the renowned American billionaire businessman, was born on July 2, 1951, in Chicago, Illinois. However, he spent his formative years in Clinton, Missouri, where he grew up in a family marked by humble beginnings. Steward’s family faced economic hardships and prejudice, but his father, a hardworking mechanic, instilled in him a strong work ethic that would shape his future success.
The challenging circumstances of his upbringing fueled Steward’s determination to overcome adversity. He harbored a deep desire to rise above his circumstances and achieve greatness through hard work and resilience. These early experiences played a significant role in shaping his character and igniting his entrepreneurial spirit.
Steward’s background highlights his journey from humble beginnings to becoming one of the most successful businessmen in the United States. His early life laid the foundation for the values and principles that would guide him throughout his career, propelling him to establish himself as a prominent figure in the business world.
“Success is not determined by where you start, but by the goals you set and the determination you have to achieve them.” – David Steward
Education and Career Beginnings
David Steward’s journey towards entrepreneurial success began with his education and early career experiences. He obtained a bachelor’s degree in business from Central Missouri State University in 1973, equipping him with essential knowledge and skills for the business world.
After completing his education, Steward started his career at Wagner Electric, where he gained valuable experience and developed his sales skills. This set the foundation for his future endeavors, as he later joined Missouri Pacific Railroad and then Federal Express, where he achieved recognition for his exceptional sales performance.
Steward’s experience in the transportation industry played a crucial role in shaping his entrepreneurial mindset and laying the groundwork for his future success. His time at these companies allowed him to gain valuable insights into business operations and sales strategies, which he would later apply to his own ventures.
“Education is the key to success, and my early career experiences taught me valuable lessons that would shape my journey as an entrepreneur,” said Steward.
The Importance of Work Experience
Steward’s early career experiences not only provided him with practical skills but also instilled in him a strong work ethic and determination to succeed. Through his efforts, he demonstrated his ability to excel in sales and navigate the corporate world.
As Steward reflects on his career beginnings, he recognizes the significance of gaining work experience and building a solid foundation for future endeavors. These experiences allowed him to develop a deep understanding of the business landscape and paved the way for his entrepreneurial ventures.
With a strong educational background and the invaluable insights gained from his early career, David Steward was well-prepared to embark on his journey as a successful entrepreneur.
| Year | Company | Achievement |
|---|---|---|
| 1973-1978 | Wagner Electric | Developed strong sales skills |
| 1978-1984 | Missouri Pacific Railroad | Achieved recognition for sales performance |
| 1984-1990 | Federal Express | Consistently exceeded sales targets |
World Wide Technology: A Powerhouse in the Tech Industry
Founded in 1990 by David Steward, World Wide Technology (WWT) has established itself as a leading systems integrator in the technology industry. With its headquarters in St. Louis, Missouri, WWT has experienced remarkable growth and diversification, propelling it to become one of the largest private companies in the region. The company’s commitment to delivering innovative solutions and exceptional customer service has contributed to its success and continued expansion.
WWT initially focused on enterprise-wide imaging, conversion services, and telecommunications networks. However, over the years, the company has evolved and expanded its services to meet the ever-changing needs of its customers. Today, WWT offers a comprehensive range of solutions, including advanced technology infrastructure, digital transformation, cybersecurity, and cloud services. This broad portfolio has positioned WWT as a trusted partner for businesses seeking to optimize their operations and leverage the latest technologies.
One of the factors that set WWT apart is its revenue growth. As of 2018, the company’s estimated revenue stood at over $11 billion, a testament to its ongoing success and market dominance. This remarkable financial performance is a result of WWT’s strategic partnerships with industry-leading technology providers and its ability to deliver tangible business outcomes for its clients. With a workforce of over 7,000 talented professionals, WWT has the expertise and resources to tackle complex projects and drive digital transformation initiatives across various industries.
Table: WWT Revenue Growth (in billions of dollars)
| Year | Revenue |
|---|---|
| 2015 | $8.4 |
| 2016 | $9.4 |
| 2017 | $10.6 |
| 2018 | $11.2 |
WWT’s revenue growth over the years reflects its ability to adapt to changing market dynamics and capitalize on emerging technologies. The company’s robust financial performance and unwavering commitment to customer success have solidified its position as a powerhouse in the tech industry, attracting accolades and recognition from industry peers and analysts alike.
Philanthropy and Community Involvement
David Steward is deeply committed to making a positive impact on his community through his philanthropic efforts. He believes in the power of education and the importance of creating opportunities for the next generation. One of the ways he contributes to this cause is by hosting the annual St. Louis STEM Student Forum and Hackathon.
The St. Louis STEM Student Forum provides high school students with valuable mentorship opportunities and promotes academic proficiency in STEM subjects. Through this event, students have the chance to learn from industry professionals, participate in hands-on activities, and gain insights into potential career paths in science, technology, engineering, and mathematics. It serves as a platform for fostering innovation and inspiring young minds to pursue their passions in these fields.
Aside from the St. Louis STEM Student Forum, David Steward is actively involved in various organizations and serves on several boards. Some of the notable organizations he supports include Civic Progress of St. Louis, BJC Health System, and the Greater St. Louis Area Council of Boy Scouts of America. Through his involvement in these initiatives, Steward continues to uplift and contribute to his community, leaving a lasting impact on the lives of many.
| Philanthropic Initiatives | Description |
|---|---|
| St. Louis STEM Student Forum | A yearly event that provides mentorship and promotes academic proficiency in STEM subjects for high school students. |
| Civic Progress of St. Louis | An organization dedicated to improving the quality of life in St. Louis through various community and economic development initiatives. |
| BJC Health System | A nonprofit health care organization committed to delivering excellent patient care and advancing medical research. |
| Greater St. Louis Area Council of Boy Scouts of America | An organization that promotes character development, citizenship, and leadership skills in young boys and girls through outdoor activities and community service. |
“Education is the key to unlocking opportunities and empowering individuals to achieve their dreams. Through initiatives like the St. Louis STEM Student Forum, I hope to inspire and support young minds in their pursuit of knowledge and success.” – David Steward
Awards and Recognition
David Steward has been widely recognized for his achievements and contributions throughout his career. His exceptional leadership and entrepreneurial spirit have garnered numerous awards and honors, solidifying his reputation as a prominent figure in the business world.
“I believe in the power of hard work, determination, and creating opportunities for others. It is truly humbling to be recognized for my efforts.”
One of the notable accolades bestowed upon Steward is the prestigious Horatio Alger Award. This esteemed honor recognizes individuals who have overcome significant adversity and achieved exceptional success through hard work and perseverance. Steward’s journey from a challenging upbringing to becoming a billionaire businessman exemplifies the essence of the Horatio Alger Award.
In addition to the Horatio Alger Award, David Steward has been named one of the 100+ Most Influential Black Americans by Ebony magazine. This recognition showcases his impact on the African-American community and highlights his significant contributions to business and philanthropy.
David Steward’s Awards and Honors:
| Award/Honor | Description |
|---|---|
| Horatio Alger Award | A prestigious honor recognizing individuals who have overcome adversity and achieved remarkable success. |
| 100+ Most Influential Black Americans | Recognition for Steward’s impact on the African-American community and his contributions to business and philanthropy. |
| Ernst & Young Entrepreneur of the Year | An award celebrating exceptional entrepreneurial achievements and leadership. |
These awards and honors reflect the significant influence and positive impact that David Steward has had on the business community and society as a whole. His dedication to excellence, philanthropy, and creating opportunities for others continues to inspire aspiring entrepreneurs and leaders around the world.
Personal Life and Family
David Steward is a successful businessman, but his personal life and family are equally important to him. He is married to Thelma Steward and together they have two children. Steward’s family has been a constant source of support and motivation throughout his journey to success.
Steward’s wife, Thelma, has been by his side through thick and thin. Her unwavering support has played a crucial role in his achievements. The couple’s strong bond and shared values have created a solid foundation for their family.
Steward’s children, including his daughter Kimberly Steward, have also been a driving force behind his philanthropic efforts. He believes in creating opportunities for future generations and giving back to the community. Steward’s commitment to family and community underscores his desire to make a positive impact and leave a lasting legacy.
Through his personal life and family, David Steward exemplifies the importance of balance, love, and support. While he has achieved immense success in the business world, he treasures the relationships and connections he has built throughout his life. Steward’s personal and professional accomplishments serve as an inspiration for aspiring entrepreneurs and individuals striving for success in all aspects of life.
David Steward’s Financial Success and Net Worth
David Steward’s entrepreneurial ventures, particularly his role as the chairman and founder of World Wide Technology (WWT), have propelled him to incredible financial success. With an estimated net worth of $6 billion, Steward has secured his place among the wealthiest individuals in the United States.
Steward’s journey from humble beginnings to billionaire status is a testament to his determination and ambition. His ability to build and grow WWT into one of the largest African-American-owned businesses has been instrumental in his rise to wealth. The company’s revenue of over $11 billion as of 2018 highlights the tremendous success and impact of Steward’s vision.
To better understand the magnitude of David Steward’s financial achievements, let’s take a closer look at a table showcasing the net worth of some of the richest individuals in the world:
| Rank | Name | Net Worth (Billions USD) |
|---|---|---|
| 1 | Jeff Bezos | 195.8 |
| 2 | Elon Musk | 179.9 |
| 3 | Bill Gates | 130.3 |
| 4 | Mark Zuckerberg | 121.1 |
| … | … | … |
| 328 | David Steward | 6.0 |
As shown in the table, David Steward’s net worth positions him alongside some of the most influential and wealthy individuals in the world. His financial success is a testament to his hard work, dedication, and ability to create and grow successful businesses.
Legacy and Impact
David Steward’s legacy is a testament to his entrepreneurial vision and his commitment to making a positive impact on both the technology industry and the African-American business community. Through his company, World Wide Technology (WWT), Steward has transformed the landscape of technology integration and consulting.
WWT’s influence on the industry is undeniable. The company’s dedication to delivering innovative solutions and exceptional customer service has earned it a reputation as a leader in the field. With over $11 billion in revenue in 2018, WWT has established itself as one of the largest privately held companies in St. Louis and a global player in the technology sector.
But Steward’s impact goes beyond just financial success. He has actively worked to create opportunities for others, particularly in the realm of education. The annual St. Louis STEM Student Forum and Hackathon, hosted by Steward, serves as a platform for high school students to engage with industry professionals and explore their interests in science, technology, engineering, and mathematics.
“Success is not just about making money; it’s about making a difference.”
Steward’s commitment to philanthropy and community involvement further underscores his legacy. By serving on various boards and supporting organizations like Civic Progress of St. Louis and the Boy Scouts of America, he has demonstrated his dedication to improving the lives of others and giving back to his community.
The Impact of WWT’s Culture
One of the key factors contributing to WWT’s success and impact is the company’s unique culture. WWT prioritizes diversity and inclusion, fostering an environment where employees from all backgrounds are given equal opportunities to thrive. This commitment to inclusivity has not only enriched the company’s workforce but has also set an example for other businesses in the industry.
Furthermore, WWT’s extensive partnerships and collaborations with leading technology companies have allowed it to stay at the forefront of industry trends and innovations. By leveraging these partnerships, WWT has been able to deliver cutting-edge solutions to its clients, further solidifying its impact and influence.
| WWT’s Impact | Key Highlights |
|---|---|
| Employment Opportunities | WWT’s growth has created thousands of jobs, providing individuals with opportunities for professional development and economic stability. |
| Technology Advancements | Through its partnerships and collaborations, WWT has contributed to technological advancements in areas such as cybersecurity, cloud computing, and artificial intelligence. |
| Community Development | WWT’s presence and philanthropic efforts have contributed to the economic and social development of the communities where it operates. |
In conclusion, David Steward’s legacy as a visionary entrepreneur and philanthropist is marked by his impact on the technology industry and his dedication to creating opportunities for others. Through the success of World Wide Technology and his commitment to giving back, Steward has left a lasting impression on the business world and beyond.
Conclusion
In conclusion, David Steward’s remarkable journey from a challenging upbringing to becoming a billionaire businessman is a true testament to his unwavering determination, hard work, and entrepreneurial spirit. Through his company, World Wide Technology, Steward has not only achieved immense financial success but has also made a lasting impact on the technology industry and the African-American business community.
With an estimated net worth of $6 billion, Steward’s wealth places him among the wealthiest individuals in the United States. His entrepreneurial ventures and leadership have propelled World Wide Technology to great heights, with the company’s revenue exceeding $11 billion, making it one of the largest private companies in St. Louis.
But David Steward’s achievements go beyond financial success. He is deeply committed to giving back to his community, as exemplified by his annual St. Louis STEM Student Forum and Hackathon, which provide invaluable mentorship opportunities and promote academic excellence in STEM subjects. Steward’s philanthropic efforts and active involvement in various organizations highlight his desire to create opportunities for future generations and make a positive impact on society.
David Steward’s story serves as an inspiration to aspiring entrepreneurs and individuals looking to overcome adversity and achieve significant accomplishments. His journey from humble beginnings to billionaire status showcases the power of resilience, hard work, and a strong entrepreneurial spirit. Through his success and dedication to philanthropy, Steward has become a respected figure in both the business and philanthropic worlds, leaving behind a lasting legacy of leadership, entrepreneurship, and community impact.
FAQ
What is David Steward’s net worth?
David Steward’s net worth is estimated to be $6 billion, according to Forbes.
Where was David Steward born?
David Steward was born in Chicago, Illinois.
What is David Steward’s educational background?
David Steward earned a bachelor’s degree in business from Central Missouri State University.
What is David Steward’s role in World Wide Technology?
David Steward is the chairman and founder of World Wide Technology.
What philanthropic initiatives is David Steward involved in?
David Steward is actively involved in various organizations and supports educational initiatives, including hosting the St. Louis STEM Student Forum and Hackathon.
Has David Steward received any awards?
Yes, David Steward has received numerous awards and honors throughout his career, including being named one of the 100+ Most Influential Black Americans by Ebony magazine and receiving the Horatio Alger Award.
Who is David Steward’s family?
David Steward is married to Thelma Steward and has two children, including Kimberly Steward.
How did David Steward achieve his financial success?
David Steward’s financial success can be attributed to his entrepreneurial ventures, particularly his role as the chairman and founder of World Wide Technology.
What is David Steward’s legacy?
David Steward’s legacy extends beyond his personal success. Through World Wide Technology, he has made a lasting impact on the technology industry and the African-American business community.
What is the significance of David Steward’s journey?
David Steward’s journey from a disadvantaged background to becoming a billionaire businessman serves as an inspiration and reminder that with determination and perseverance, significant accomplishments can be achieved.
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