Rank #2387
Steven Sarowitz
Net worth $1.7B
Payroll software · United States
- Born
- Nov 07, 1965
- Age
- 60
- Source
- Payroll software
- Residence
- Highland Park, Illinois
- Citizenship
- United States
- Marital status
- Married
- Children
- 0
- Education
- Bachelor of Arts/Science, University of Illinois, Urbana-Champaign
Net worth over time
Biography
- Steven Sarowitz founded online payroll firm Paylocity in 1997 after working at several other payroll firms.
- Sarowitz still sits on Paylocity's board but is no longer involved with its operations.
- He now focuses on philanthropy and has contributed nearly $250 million to his family foundation Julian Grace and spiritually-inspired foundation Wayfarer.
- Sarowitz also cofounded and co-chairs Wayfarer Studios, which produces films with inspirational messages. "It Ends with Us" starred Blake Lively and was one of the top-grossing films of 2024.
- After legal controversy erupted around "It Ends with Us," Sarowitz closed his Wayfarer Foundation in 2025 to focus on private giving.
- Sarowitz is a convert to the Baha'i Faith.
Financial assets
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