Portrait of Darwin Deason

Rank #2625

Darwin Deason

Net worth $1.3B

Software · United States

Born
May 14, 1940
Age
85
Source
Software
Residence
Dallas, Texas
Citizenship
United States
Marital status
Divorced
Children
3
Education
Diploma, High School

Net worth over time

Biography

  • Tech entrepreneur Darwin Deason sold his Affiliated Computer Services to Xerox in 2010 for $6.4 billion.
  • The day after he graduated high school, the Arkansas native moved to Tulsa, Oklahoma and got a job as a mail boy at Gulf Oil.
  • Deason eventually joined Dallas data-processing firm MTech; he became its CEO at age 29 after all but his division failed. He sold it in 1988.
  • Within days of sale, he started ACS to handle computer and other business process services for clients such as E-ZPass.
  • Deason left his small town the day after he graduated high school, with $50 borrowed from his dad and a 1949 Pontiac.
  • Deason grew up on an Arkansas farm; his family often didn't have a dollar to spare for the movies.