Stephen J. Bisciotti (born April 10, 1960) is the current majority owner of the Baltimore Ravens of the National Football League. He founded a family of technical staffing companies known as Allegis Group, which owns Aerotek and TEKsystems.
Background
Steve Bisciotti came from a working-class Italian-American family in a Baltimore suburb. His parents, Bernard and Patricia Bisciotti, moved to Severna Park, Maryland, in March 1961.
Growing up, Bisciotti loved sports. His father took the children to Baltimore Orioles and Colts games. In his senior year at Severna Park High School, he played on the football team, though he has said he “wasn’t much of a high school athlete.”
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 United States and 4th in the world. Bisciotti’s involvement in the sports business has brought more attention to his once low-profile company.
Stephen Bisciotti net worth: Stephen Bisciotti has a net worth of $4 billion dollars which makes him one of the richest people in Maryland. Born in Philadelphia, Pennsylvania, Stephen Bisciotti graduated from Salisbury State University, and launched a staffing company in his basement with his cousin. The company, called Aerotek, supplied staff for the technology and aerospace sectors. Aerotek has since grown into the highly successful Allegis Group, a multi-million dollar staffing firm that is currently the largest in the United States. In the spring of 2000, Mr. Bisciotti purchased 49% of the Baltimore Ravens football team. Four years later, he purchased the remaining 51% for $325 million dollars. In 2004, he also built a technologically advanced training facility for the Ravens, nicknamed “The Castle”. He is the second youngest owner of a football team in the NFL, and is known for golfing and boating in his spare team. In addition to his love of football, he is also a fan of the University of Maryland men’s basketball team.
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