6/10/2023 0 Comments David steward net worth![]() ![]() ![]() Their combined wealth grew by 44.6% during the pandemic (or more than $1.3 trillion) - a study from the Institute for Policy Studies shows. ![]() 2 at $151 billion America's Billionaires Wealth Tesla chief executive Elon Musk came in at No. His $95.1 billion fortune got a $7.4 billion boost in the past year, per Bloomberg statistics.įorbes reported Tuesday in its annual ranking: Amazon founder Jeff Bezos, with an estimated fortune of $177 billion, topped the list for the fourth year running. Brin's $91.2 billion fortune has grown by $11.4 billion in the same time period.īerkshire Hathaway CEO and chairman Warren Buffett has seen the third-biggest net-worth growth in this time. From March 24, 2020, to March 24, 2021, Page added $11.8 billion to his $94.3 billion fortune. Jeff Bezos, with his $183.9 billion fortune, is the richest man in the US and the world.Īccording to Bloomberg's Billionaire Index (which updates in near-real time), Larry Page and Sergey Brin, the cofounders of Google, have seen the biggest respective increases to their net worths among American billionaires since the pandemic broke out. ![]() still has the most, with 724 billionaires, followed by China (including Hong Kong and Macao) with 698. Altogether these billionaires are worth $13.1 trillion, up from $8 trillion in 2020. There are 657 billionaires in America in 2021 - updated by Bloomberg.įorbes’ 35th annual list of the world’s wealthiest exploded to an unprecedented 2,755-660 more than a year ago. How many American billionaires are there in 2021? Chris Hondros/Getty ImagesĬheck out the Bloomberg Billionaires Index (daily ranking of the world’s richest people) and the number of billionaires on Forbes’ 35th annual ranking (2021). Louis-based World Wide Technology, which provides cloud computing and security services, and digital consulting, Steward holds a $14-million stake in Centene Corporation, a healthcare services provider operating across the United States.As of March 24, 2021, Sergey Brin and Larry Page have seen the biggest year-over-year net-worth growth among American billionaires. However, the African-American billionaire’s net worth has risen by $584 million since the beginning of this year, making him one of the few Black billionaires who have experienced a significant increase in their wealth in 2023. Smith, who is not only America’s wealthiest Black billionaire but also the world’s second-richest Black billionaire. Steward’s stake in World Wide Technology accounts for almost the entirety of his wealth.ĭespite experiencing a decline of $570 million since mid-February, Steward continues to hold the position of America’s second-richest Black individual, with a net worth of $5.6 billion. The decline in his wealth figures can be attributed to the recent pullback in tech company shares, as the valuation of World Wide Technology is based on the enterprise value-to-sales multiple of three publicly traded peer companies – Insight Enterprises, Eplus, and CDW. 16, the African-American billionaire who is the co-founder and majority owner of closely held information technology services provider, World Wide Technology, has seen his net worth decline by $570 million, reducing his fortune to $5.6 billion from $6.17 billion. David Steward, one of the wealthiest Black businessmen globally and America’s second-richest Black individual, has experienced a substantial decrease in his net worth since mid-February, after a remarkable increase of $1.16 billion in the first 36 days of 2023.Īccording to data tracked by the Bloomberg Billionaires Index, which tracks and compares the fortunes of the world’s top 500 wealthiest individuals, reveals that Steward, who ranks as one of the world’s richest black businessmen, has endured a $570-million reduction in his net worth over the past 56 days. ![]()
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