David Steward: America’s 2nd Richest Black Billionaire Sees $300 Million Growth in 20 Days

David Steward, the main shareholder and co-founder of World Wide Technology (WWT), has strengthened his position as one of America’s wealthiest individuals and the nation’s second-richest Black billionaire, as his net worth has surpassed the $10 billion mark.

Steward’s net worth has increased by $300 million in just 20 days, according to the Bloomberg Billionaires Index, which tracks the world’s wealthiest individuals.

This tremendous increase in Steward’s net worth, which has averaged $15 million every day since February 19, is partly due to the remarkable performance of his substantial 59 percent interest in WWT, a closely held information services and hardware company.

WWT, regarded as one of the largest African-American-owned firms in the United States, is a key player in cloud computing, security services, and digital consulting, with an annual turnover of $17 billion. Steward’s interest in WWT is now worth $10.4 billion, up from $10.1 billion on February 19 and contributing to his wealth growth.

David Steward’s net worth has just increased, bringing his year-to-date gains to $858 million, according to data from the Bloomberg Billionaires Index.

Steward is the world’s 233rd richest individual, with a net worth of $10.4 billion. He is the second-richest Black billionaire in the United States, trailing only Robert Smith, founder and CEO of Vista Equity Partners, who is worth $11.4 billion as of this report.

Steward’s recent fortune growth highlights his status in the IT sector. With experts predicting significant rises in his net worth due to the strong performance of the technology business, his investment places him well for ongoing success in the near future.

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