As reported by MSN, the annual Forbes 400 list, a comprehensive ranking of the wealthiest individuals in the United States, has been released by Forbes. To qualify for inclusion, individuals had to amass at least $3.3 billion, marking an increase of $400 million from the previous year. The collective net worth of those featured on the list reached a staggering $5.4 trillion, representing a substantial $1 trillion surge from 2023.
Notably, David Steward, the prominent figure behind World Wide Technology, has secured a tie for the 84th position with a net worth of $11.4 billion. Steward is renowned as the founder and chairman of World Wide Technology, an IT management company. Since its inception in 1990, the company has evolved into a premier solution provider for more than 80 Fortune 100 companies, boasting partnerships with industry giants such as Cisco, NVIDIA, Verizon, and the federal government.
According to the company’s official website, World Wide Technology leverages its expertise in AI, cloud computing, networking, cybersecurity, data analytics, automation, and digital transformation to deliver groundbreaking solutions that redefine businesses, revolutionize industries, transform communities, and exceed expectations.
The company's annual revenue exceeds $20 billion, with $6 billion generated from international operations.
Attributing his success to the abundant opportunities available in the United States, Steward, a 73-year-old billionaire, emphasized, "The breadth and depth of opportunities we have here, coupled with a culture that allows you to be all you can be, makes it possible for anyone to be successful." He further expressed gratitude for living in a country that fosters success and acknowledged that his story is just one among millions in America.
Another prominent figure on the Forbes 400 list is Robert F. Smith, securing the 88th spot with a net worth of $10.8 billion. Smith, a former chemical engineer, transitioned to the finance industry and founded Vista Equity Partners in 2000. The private equity firm currently manages over $100 billion in assets and recently made headlines for its collaboration with investment management company Blackstone in the acquisition of Smartsheet, an enterprise platform for modern work management, for a reported $8.4 billion. The deal is slated to be finalized by January 31, 2025, marking another milestone in Smith's successful career.
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