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David Steward

David Steward

D. Steward
8.94% | + $1.02B
$12.41 B ₹ 1.13 Lk Cr
Real Time Net Worth #239 Ranking as of 21 Feb 2026 By Forbes

More on David Steward

Gender

Male

Age

75Y

Country

United States

Born On

January, 1951

Deceased

No

Relationship Status

Married

Children

2

Education

Central Missouri State University - Bachelor Of Science

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (IT Services)

Primary Organization

World Wide Technology

Titles

Founder & Chairman

Sources of Wealth

World Wide Technology

Industry

Technology, Services

About David Steward


D avid Steward is a self-made American billionaire and the founder and chairman of World Wide Technology (WWT), one of the largest African-American-owned businesses in the United States. He grew up in the segregated South and, after a career in sales at various companies, he founded WWT in 1990 with a small team and limited funding. The company started as a reseller of IT hardware.

Steward built WWT from a small product reseller into a massive and highly respected technology solutions provider. The company now offers a wide range of services, including cloud computing, cybersecurity, and supply chain solutions, to a blue-chip client list of major corporations and government agencies. As the majority owner of the privately held, multi-billion dollar company, Steward is one of the wealthiest African-Americans in the country. He is also a devout Christian and has written a book about his faith-based approach to business.

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Quick Reads


  • Founder and Chairman of the IT solutions provider World Wide Technology (WWT).
  • WWT is one of the largest privately held, African-American-owned businesses in the U.S.
  • A self-made billionaire, he founded the company in 1990.
  • He is the majority owner of the multi-billion dollar company.
  • He is a prominent author and speaker on faith and entrepreneurship.

Early Life and Background


David L. Steward is an American businessman, the self-made billionaire founder and Chairman of World Wide Technology (WWT), a dominant IT solutions and supply chain services provider. His background is one of humility, resilience, and breaking racial barriers: born in Chicago, he moved to the small rural town of Clinton, Missouri, where he grew up.

Steward graduated from Central Missouri State University in 1973 with a Bachelor of Science degree in business management. After college, he moved to St. Louis, where he became the first person of color ever hired by the Missouri Pacific Railroad to sell rail services. This experience in sales, logistics, and overcoming racial prejudice provided him with the crucial operational knowledge and determination to launch his own technology firm.

Career Journey of David Steward


David Steward began his entrepreneurial journey by creating two smaller successful startup companies, providing him with the capital and expertise for his major venture. In 1990, he founded World Wide Technology (WWT) with just a handful of employees and a 4,000 square foot office. His strategic vision was to build a market-leading systems integrator and supply chain solutions provider for the commercial, government, and telecom sectors.

Under his leadership, WWT scaled exponentially, achieving over $13 billion in annual revenue and operating in 4 million square feet of warehousing and distribution space globally. WWT became renowned for its strong cultural values (collaboration, integrity) and its advanced technology solutions (cloud, data center, cybersecurity). WWT is recognized as the largest Black-owned company in the United States, a massive civic and business achievement that secured Steward's multi-billion dollar fortune and his legacy as a titan of the U.S. IT supply chain.

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David Steward's Timeline


1973:

Graduates from Central Missouri State University (B.S. in Business Management) (Academic Achievement).

1970s (Post-Grad):

Becomes the first person of color hired by the Missouri Pacific Railroad to sell rail services (Pivotal Event).

1990:

Founds World Wide Technology (WWT) with a handful of employees (Founding).

Ongoing:

WWT grows to achieve over $13 billion in annual revenue and is named the largest Black-owned company in the U.S. (Financial Milestone).

Ongoing:

Continues as Founder and Chairman, guiding the company's culture and strategy (Executive Leadership).

Major Business Ventures and Investments


David Steward's wealth is concentrated in his founding and controlling ownership of the private IT solutions giant, World Wide Technology (WWT).

  • World Wide Technology (Founder & Chairman): The core private asset, a market-leading systems integrator and supplier of advanced technology solutions (cloud, data center, cybersecurity) to governments and commercial sectors.
  • Largest Black-Owned Company: WWT is recognized as the largest Black-owned company in the United States by revenue.
  • Supply Chain Focus: The company’s success is built on its massive logistics and integration capacity (operating in 4 million square feet of space).
  • WWT's Corporate Culture: The firm is consistently recognized by Fortune as one of the 100 Best Companies to Work For.

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Philanthropy and Social Impact


David Steward's social impact is massive and structural, stemming from WWT's role as a major employer and a foundational technology provider. His company's commitment to diversity and strong cultural values has made it an exemplar of corporate responsibility.

His personal philanthropy, channeled through his foundation, supports education, youth empowerment, and entrepreneurship initiatives, reflecting his own path as a pioneer. His career, starting as the first person of color hired by the Missouri Pacific Railroad to sell rail services, provides immense inspiration and a lasting contribution to business diversity.

Fashion, Style, and Lifestyle


David Steward maintains the highly professional, disciplined style of a successful American executive. His attire is consistently formal and high-quality, favoring tailored business suits. His aesthetic is one of stability and quiet, yet immense, authority, befitting the leader of the largest Black-owned company in the U.S.

His luxury is the profound security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to leveraging technology, logistics, and strong cultural values to build and sustain a massive, market-leading enterprise.

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Quotes and Philosophy


“The biggest risk is not taking any risk. In a world that's changing really quickly, the only strategy that is guaranteed to fail is not taking risks.”

“Our core values are still alive and well today. That is our most important asset.”

Fun Facts & Trivia


  • He is the founder of World Wide Technology (WWT), the largest Black-owned company in the U.S. by revenue.
  • He was the first person of color hired by the Missouri Pacific Railroad to sell rail services.
  • WWT generates over $13 billion in annual revenue.
  • The company has been recognized by Fortune as one of the 100 Best Companies to Work For.
  • He founded WWT in 1990 with just a handful of employees.
  • WWT specializes in IT solutions, cloud, and cybersecurity.
  • His philosophy emphasizes strong cultural values and collaboration between employees.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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