What is Stephen Bisciotti's Net Worth?
Stephen Bisciotti has amassed an impressive net worth of $4 billion, making him one of the wealthiest individuals in Maryland. Born in Philadelphia, Pennsylvania, Bisciotti's entrepreneurial journey began after he graduated from Salisbury State University. He co-launched a staffing company, Aerotek, in his basement with his cousin. Aerotek primarily catered to the technology and aerospace sectors and evolved into the Allegis Group—an extraordinarily successful staffing firm and the largest in the United States today.
Ownership of the Baltimore Ravens
In the spring of 2000, Bisciotti made a significant move by purchasing 49% of the Baltimore Ravens football team. Four years later, in 2004, he acquired the remaining 51% for a whopping $325 million. Under his leadership, the Ravens have thrived both on and off the field.
Technological Advancements
Stephen Bisciotti's passion for innovation is evident in his contribution to the Ravens' infrastructure. In 2004, he built a state-of-the-art training facility for the team, which has been aptly named 'The Castle.'
Youthful Energy in the NFL
At the time of his acquisition, Bisciotti was the second youngest NFL team owner. His youthful energy and forward-thinking approach have significantly contributed to the team's growth.
Personal Interests
When not immersed in his business ventures or managing the Ravens, Bisciotti enjoys golfing and boating. He also harbors a deep love for college sports, being a fervent supporter of the University of Maryland men's basketball team.