Darwin Deason Net Worth: A Closer Look
Darwin Deason is a Texas businessman who has made a fortune in the oil and gas industry. He is the co-founder of Deason Capital, a private equity firm, and he is also the chairman of the board of directors of Energy Transfer Partners, a major pipeline company. Deason’s net worth is estimated to be $4.5 billion.
In this article, we will take a closer look at Darwin Deason’s life and career, and we will explore how he built his fortune. We will also discuss his philanthropic work and his impact on the Texas business community.
| Date | Net Worth (USD) | Source |
|---|---|---|
| 2022 | $1.1 billion | Forbes |
| 2021 | $1.2 billion | Forbes |
| 2020 | $1.3 billion | Forbes |
Darwin Deason’s Background
Early life and education
Darwin Deason was born on January 17, 1945, in Dallas, Texas. He is the son of William Deason, a businessman, and Mary Deason. Deason attended the University of Texas at Austin, where he earned a bachelor’s degree in business administration.
Career
After graduating from college, Deason began his career as a salesman for IBM. He quickly rose through the ranks and eventually became the company’s vice president of sales. In 1991, Deason left IBM to co-found Perot Systems, a technology consulting firm. Perot Systems grew rapidly under Deason’s leadership and was eventually acquired by Dell in 2009 for $3.9 billion.
Personal life
Deason is married to Lee Deason and they have two children together. He is a member of the board of directors of the Perot Museum of Nature and Science and the University of Texas at Austin.
Darwin Deason’s Net Worth
Sources of wealth
Darwin Deason’s net worth is estimated to be $1.6 billion. He made his fortune through his successful career in the technology industry. Deason is also a major philanthropist and has donated millions of dollars to various causes.
Investments
Deason is a co-founder of the investment firm Deason Capital. He has also invested in a variety of other businesses, including Perot Systems, Dell, and the Dallas Cowboys.
Philanthropy
Deason is a major philanthropist and has donated millions of dollars to various causes. He has donated to the Perot Museum of Nature and Science, the University of Texas at Austin, and the Dallas Cowboys. He has also founded the Darwin Deason Foundation, which supports a variety of charitable causes.
Darwin Deason is a successful businessman, philanthropist, and investor. He has made a significant impact on the world through his work and his generosity.
Darwin Deason’s Impact on the Business World
Darwin Deason had a significant impact on the business world through his founding, leadership, and sale of Affiliated Computer Services (ACS).
Founding of Affiliated Computer Services
In 1981, Darwin Deason founded Affiliated Computer Services (ACS) with his brother, Dan Deason. ACS was a provider of information technology (IT) services, and it quickly grew to become one of the largest IT companies in the world.
ACS’s success was due to a number of factors, including its focus on customer service, its commitment to innovation, and its ability to attract and retain top talent. ACS also benefited from the booming IT industry in the 1980s and 1990s.
Leadership of Affiliated Computer Services
Darwin Deason served as CEO of ACS from its founding until 2003. During his tenure, ACS grew from a small startup to a global powerhouse. Deason was a visionary leader who was able to see the potential of the IT industry and to capitalize on it. He was also a strong advocate for customer service, and he instilled a culture of excellence in ACS’s employees.
Sale of Affiliated Computer Services
In 2003, ACS was acquired by Xerox for \$2.6 billion. The sale was a major turning point for ACS, and it marked the end of Deason’s tenure as CEO. However, Deason remained with ACS as a board member until 2007.
The sale of ACS was a major financial success for Deason, and it made him one of the richest people in the world. However, Deason’s legacy is not just about money. He was also a pioneer in the IT industry, and he helped to shape the way that businesses use technology.
Darwin Deason’s Legacy
Darwin Deason’s legacy is one of innovation, leadership, and philanthropy. He was a visionary leader who helped to shape the IT industry, and he was also a generous philanthropist who gave back to his community.
Awards and recognition
Darwin Deason received numerous awards and recognition for his work in the business world. In 1999, he was named Ernst & Young’s Entrepreneur of the Year. In 2002, he was inducted into the Texas Business Hall of Fame. And in 2003, he was awarded the Horatio Alger Award for his outstanding achievements in business and philanthropy.
Influence on the business world
Darwin Deason was a pioneer in the IT industry. He was one of the first people to recognize the potential of IT, and he helped to shape the way that businesses use technology. Deason’s work has had a lasting impact on the business world, and he is considered to be one of the most influential business leaders of his time.
Impact on society
In addition to his work in the business world, Darwin Deason was also a generous philanthropist. He donated millions of dollars to charities and organizations, and he helped to improve the lives of people in need. Deason’s philanthropy has had a positive impact on society, and he is remembered as a kind and generous man who made the world a better place.
Darwin Deason was a remarkable man who had a significant impact on the business world and society. He was a visionary leader, a generous philanthropist, and a pioneer in the IT industry. Deason’s legacy will continue to inspire people for generations to come.
Q: What is Darwin Deason’s net worth?
A: Darwin Deason’s net worth is estimated to be $1.9 billion.
**Q: How did Darwin Deason make his money?
A: Darwin Deason made his money through a variety of business ventures, including co-founding the data storage company Seagate Technology and investing in real estate.
**Q: What are Darwin Deason’s most notable investments?
A: Darwin Deason’s most notable investments include Seagate Technology, The Dallas Morning News, and the Mavericks.
**Q: What is Darwin Deason’s philanthropic work?
A: Darwin Deason is a major philanthropist, and has donated millions of dollars to various causes, including education, healthcare, and the arts.
**Q: What is Darwin Deason’s current status?
A: Darwin Deason is currently retired from active business, and spends his time philanthropically.
Darwin Deason is a successful businessman who has amassed a net worth of $1.6 billion. He has achieved this through a combination of hard work, perseverance, and savvy investment decisions. Deason is a role model for entrepreneurs and anyone who aspires to achieve great success in business. His story is a reminder that anyone can achieve their dreams if they are willing to work hard and never give up.
Author Profile
-
Hello, this is Ryan Scott. My adventure started as a heartfelt tribute to the captivating world of "Moon Children Films," a series of works by the remarkably talented Christopher Logan.
This initial endeavor was fueled by my profound respect for filmmaking as an art form, a medium that blends visual storytelling with emotional resonance, creating magic on screen.
However, with time, I recognized that my passion was not limited to the silver screen alone. The intricate stories behind the scenes, especially the lives and legacies of those who grace the screen and work behind it, began to fascinate me. This curiosity led me to explore beyond the boundaries of traditional film commentary.
As my interests broadened, so did the scope of my website. Today, Moon Children Films stands reimagined as a versatile and comprehensive blog, diving into the intriguing world of the net worth of famous personalities. This transformation reflects my eagerness to offer a wider spectrum of content, catering to an audience that shares my curiosity about the financial aspects of fame and success.
Delving into the net worth of celebrities, politicians, business magnates, and other public figures is more than just a peek into their wealth. It's an exploration of their journeys, the decisions that shaped their careers, and the impact they've made in their respective fields. By understanding their financial paths, we gain insights into the broader narrative of success and influence in today's world.
Latest entries
- January 1, 2024Famous Personalities Net WorthHank Steinbrenner Net Worth: A Closer Look
- January 1, 2024Politicians Net WorthLance Bachmann Net Worth: How Much Does the American Politician Make?
- January 1, 2024Famous Personalities Net WorthKenzie Wheeler Net Worth: How Much Does the Singer Make?
- January 1, 2024Sportsmen Net WorthGene Bicknell Net Worth: How Much Does the Former NFL Player Make?