America’s second-richest Black billionaire loses $200 million in 12 days
The fluctuations in his net worth mirror broader trends in the share prices of technology companies.
America’s second-richest Black billionaire
Tech stock pullback leads to $300-million wealth loss for America’s second-richest Black billionaire
The recent downturn has also impacted Steward’s year-to-date wealth gains, which have now decreased to $667 million, according to data retrieved from the Bloomberg Billionaires Index.
America’s second-richest Black billionaire David Steward gains $280 million in 6 days
The significant boost in Steward’s net worth is primarily attributed to the performance of his substantial 59-percent stake in World Wide Technology (WWT).