(AURN News) — In a powerful testament to Black entrepreneurship and perseverance, Dave Steward has secured his place among America’s financial elite. The latest Forbes 400 list (https://www.forbes.com/forbes-400/) of the nation’s wealthiest individuals features Steward as the richest Black man in America, with a remarkable net worth of $11.4 billion.
At 73 years old, Steward’s journey (https://www.wwt.com/profile/dave-steward/bio) from humble beginnings to the pinnacle of business success is nothing short of inspirational. Born in Chicago and raised in Clinton, Missouri, he broke racial barriers early in his career as the first person of color hired by the Missouri Pacific Railroad to sell rail services.
However, it was Steward’s founding of World Wide Technology (WWT) in 1990 that truly set him on the path to unprecedented success. From its St. Louis headquarters, WWT has grown into a tech powerhouse, providing crucial solutions to over 80% of Fortune 100 companies. Today, WWT stands tall as the largest Black-owned company in the United States, boasting annual revenues surpassing $20 billion and employing more than 10,000 people.
Steward’s achievements extend far beyond his business acumen. His 50-year marriage to his wife Thelma and their family of two children and two grandchildren showcases his commitment to family values and community. Tied for 84th place on the Forbes 400, Steward’s presence on this prestigious list is particularly significant given the exclusive nature of the rankings. This year, a minimum net worth of $3.3 billion was required just to make the cut, with the 400 listees collectively worth a staggering $5.4 trillion.
As we celebrate Steward’s accomplishments, his story reminds us of the untapped potential within our communities and the importance of creating and supporting Black-owned businesses (https://aurn.com/from-chemistry-to-real-estate-how-tiffani-bailey-lash-and-tashni-ann-dubroy-are-preserving-the-black-history-of-atlantic-beach/) . It’s a powerful narrative of what’s possible when talent meets opportunity, and barriers are broken down one success at a time.
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