Stephen Bisciotti Net Worth

Publish date: 2024-05-15

Age, Biography and Wiki

Who is it?Owner, Baltimore Ravens
Birth DayApril 10, 1960
Birth PlaceMillersville, Maryland, United States
Age63 YEARS OLD
Birth SignTaurus
ResidenceMillersville, Maryland
CitizenshipUnited States
EducationSalisbury State University
OccupationBusiness executive and owner of the Baltimore Ravens
Board member ofAssociated Catholic Charities Mother Seton Academy
Spouse(s)Renee (Foote) Bisciotti
Children2

💰 Net worth: $6.4 Billion (2024)

Stephen Bisciotti, renowned as the owner of the Baltimore Ravens in the United States, is anticipated to possess an impressive net worth of approximately $6.4 billion by 2024. Widely recognized for his influential role in the world of professional football, Bisciotti spearheads the operations and management of the Ravens franchise. With such an extensive net worth, Bisciotti's financial prowess serves as a testament to his success and strategic acumen within the sports industry. Additionally, his substantial wealth underscores his significant contributions to the growth and success of the Baltimore Ravens as a prominent force in American football.

2009 $1.55 Billion 2010 $1.3 Billion 2011 $1.3 Billion 2012 $1.6 Billion 2013 $2.1 Billion 2014 $2.6 Billion 2015 $3.2 Billion 2016 $3.7 Billion 2017 $3.8 Billion 2018 $4.28 Billion

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Biography/Timeline

1960

Steve Bisciotti was born on April 10, 1960 in Philadelphia, Pennsylvania, the youngest of three children in a middle class Italian-American family. In 1961, his parents, Bernard and Patricia Bisciotti, moved the family to Severna Park, Maryland, a suburb of Baltimore City, for his father's job as a construction sales executive.

1982

In 1982, Bisciotti graduated from Salisbury State University in Maryland with a degree in liberal arts. A year later, at 23, he and his cousin Jim Davis started Aerotek, a staffing company in the aerospace and Technology sectors. Running the company out of a basement office with secondhand equipment, Bisciotti and Davis produced $1.5 million in sales in the first year. Aerotek grew into the Allegis Group, which is now the largest privately held staffing firm in the world. Bisciotti's involvement in the Sports Business has brought more attention to his once low-profile company.

2000

On March 27, 2000, NFL owners approved the sale of 49% of the Ravens to Bisciotti. In the deal, Bisciotti had an option to purchase the remaining 51% for $325 million in 2004 from Art Modell. On April 9, 2004 the NFL approved Steve Bisciotti's purchase of the majority stake in the club.

2004

One of the first projects Bisciotti directed as owner of the Ravens was to build the team's state-of-the-art training and practice facility, dubbed "The Castle," which opened in October 2004.

2005

In 2005, Bisciotti ranked 378 among the Forbes 400, a list of the richest Americans.

2007

Bisciotti fired Brian Billick after the 2007 season, although Billick's eight years as the Ravens' head coach included the team's win in Super Bowl XXXV. He then surprised many observers by selecting John Harbaugh as his new coach, despite Harbaugh's peak of previous experience being a single year as a defensive backs coach after several successful years as the special teams coach for the Philadelphia Eagles.

2009

In 2009, Aerotek, the company Bisciotti co-founded, reached a $1.2 million settlement in a class-action lawsuit filed on behalf of more than 1,000 Aerotek workers who worked at a Verizon Internet Services call center in Martinsburg, West Virginia, which was closed in December 2006. The company then was sued to settle claims that the workers were not paid in a timely fashion for accrued personal time and were not paid all of the wages that were due in accordance with the West Virginia Wage Payment and Collection Act and Fair Labor Standards Act, according to Berkeley County Circuit Court records.

2013

In 2012, the Baltimore Ravens capitalized off a 10-6 season to go on to win Super Bowl XLVII against the San Francisco 49ers on February 3, 2013.

2019

Bisciotti attended the Severn School, a private preparatory school for the U.S. Naval Academy, but left after two years and transferred to Severna Park High School. In his senior year, he played on the football team, though he has said "I wasn’t much of a high school athlete, but played football, baseball, and basketball all the time when I was growing up".

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1960 births Living people Baltimore Ravens owners University of Maryland, College Park benefactors Salisbury University alumni Sportspeople from Baltimore Sportspeople from Philadelphia People from Severna Park, Maryland American people of Italian descent American Roman Catholics

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