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.