If you’re looking for a loan, Baltimore Ravens owner Steve Bisciotti might be your guy. In Forbes’ latest ranking of the 400 richest Americans, Bisciotti sits at No. 154 with an estimated value of $4.6 billion. He’s risen two spots on the list from last year and has grown his wealth $900,000,000 since 2016, according to Forbes. Bisciotti is among the richest NFL owners, coming in ninth behind such behemoths as Jerry Jones and Robert Kraft.
Bisciotti built his fortune in the staffing industry. Bisciotti founded Aerotek, now Allegis Group, in 1983 along with Jim Davis. Aerotek’s started as a staffing company based around aeronautics, engineering and light industrial jobs and has grown exponentially since then.
While Bisciotti’s fortune was made elsewhere, he’s certainly not hurting by owning the Ravens. The team was worth an estimated $2.7 billion as of last year, according to Forbes. Bisciotti paid just $600 million ($275 million for 49% of the team in 2000 and the other 51% for $325 million in 2004) for the team from then-owner Art Modell.
Bisciotti has used his fortune for good, especially recently. During the coronavirus pandemic, Bisciotti has donated more than $1 million to the Maryland Food Bank. Bisciotti has also been committed to social justice reform in Baltimore, using his foundation to donate $1 million to various local charities as decided by the players.
