David Steward
American businessman (born 1951)
David Lloyd Steward (born July 2, 1951) is an American billionaire businessperson. Globally, he is the 213th richest and the second-richest African American, after Alex Karp, with a fortune exceeding $10B as of 2025.2
From Wikipedia’s article on David Steward (this version), CC BY-SA 4.0.
Born Jul 2, 1951.1
Net worth $5.8B (as of Feb 22, 2022, per forbes.com).10 Richest people
About
He is chairman and founder of World Wide Technology, one of the largest African-American-owned businesses in America.
From Wikipedia’s article on David Steward, shared under CC BY-SA 4.0.2
Companies
- World Wide TechnologyFounder9
Early life and education
Steward was born in 1951 in Chicago, Illinois, the son of Dorothy Elizabeth Massingale, a homemaker, and Harold Lloyd Steward, a mechanic. In 1953, the family moved to Clinton, Missouri. As a child growing up in Clinton, Steward faced poverty and discrimination.
"I vividly remember segregation—separate schools, sitting in the balcony at the movie theater, being barred from the public swimming pool," notes Steward, who was among a small group of African-American high-school students who integrated the public swimming pool in Clinton in 1967.
Steward received his Bachelor of Science in business from Central Missouri State University in 1973.
From Wikipedia’s article on David Steward (this version), CC BY-SA 4.0.
Career
Occupation: businessperson.6
- Date not recordedFounded World Wide Technology5
After graduating from college, Steward worked at Wagner Electric as a production manager (1974–1975), a sales representative at Missouri Pacific Railroad (1975–1979), and a senior account executive at FedEx (1979–1984), where he was recognized as salesman of the year and inducted into the company's hall of fame in 1981. He owned Transportation Business Specialists and Transport Administrative Services in the years leading up to founding World Wide Technology. He is also a founder of Telcobuy, a global technology and supply chain management company.
World Wide Technology
In 1990, Steward founded World Wide Technology, a systems integrator. In 1993, WWT concentrated its focus on the implementation of enterprise wide imaging, conversion services, and telecommunication networks.
In 1999 WWT spun off its telecommunications division to form Telcobuy.com. Sales for the two companies continued to grow, although revenues slipped in 2002 as WWT felt the impact of the technology recession. In 2003 combined reported revenues passed $1 billion, and Steward formed World Wide Technology Holding Company as the parent company for the two firms.
WWT's 2018 revenue was estimated to be greater than $11 billion, which would've ranked it as one of St. Louis's largest private companies.
From Wikipedia’s article on David Steward (this version), CC BY-SA 4.0.
Personal life
Philanthropy
Steward and his wife, Thelma Steward, established the Steward Family Foundation, which supports initiatives in education, health, and human services, with a focus on underrepresented communities and faith-based organizations. Through the foundation and personal giving, the Stewards have contributed millions of dollars to regional and national organizations, including the United Way of Greater St. Louis, Variety the Children's Charity of St. Louis, and numerous educational and cultural programs.
Steward has served on the boards of several civic and educational institutions, including Washington University in St. Louis, the Missouri Botanical Garden, and the Horatio Alger Association. He has also supported STEM education initiatives aimed at increasing access for minority and low-income students, and his foundation has sponsored workforce development programs throughout the Midwest.
From Wikipedia’s article on David Steward (this version), CC BY-SA 4.0.
Politics
In 2019, while Steward served on the Washington University in St. Louis board of trustees, he supported a measure in Missouri General Assembly that would affect Title IX investigations at universities. The measure was initiated by a lobbyist, employed by Steward at the time, whose son was expelled from Washington University following a Title IX violation.
Steward was finance chair of the Trust In The Mission PAC, a super PAC supporting Senator Tim Scott's Republican 2024 Presidential Campaign. In 2024, Steward donated about $230,000 to PACs supporting Republican candidates, including Mike Parson and Mike Kehoe.
From Wikipedia’s article on David Steward (this version), CC BY-SA 4.0.
Links
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidataDavid Steward on Wikidata
- 2WikipediaDavid Steward on Wikipedia
- 3
- 4Wikidataeducation, as reported
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- 9WikidataWorld Wide Technology, Founder
- 10WikidataNet worth