Stephen J. Bisciotti ( born April 10, 1960) is an American business executive and the current majority owner of the Baltimore Ravens of the NFL. He founded Aerotek, the largest privately owned staffing and recruiting company in the U.S. based in Hanover, Maryland, and cofounded Allegis Group, an international talent management firm headquartered in Hanover, Maryland, that owns Aerotek; TEKsystems; Actalent; MarketSource; Major, Lindsey & Africa; Aston Carter; and Allegis Global Solutions.
Background
Bisciotti was born on April 10, 1960, in Philadelphia, Pennsylvania, the youngest of three children in a middle class Italian-American family. In 1961, his parents, Bernard and Patricia Bisciotti, moved the family to Severna Park, Maryland, a suburb of Baltimore, for his father’s job as a construction sales executive.
As a child, Bisciotti often went with his family to Baltimore Orioles and Colts games. When he was 8 years old, his father died of leukemia. After his father’s death, his maternal grandfather, C. Gordon Johnston, a retired regional district salesman for Ford Motor Co., supported the family.
Bisciotti attended the Severn School but left after two years and transferred to Severna Park High School. In his senior year, he played on the football team, though he has said “I wasn’t much of a high school athlete, but played football, baseball, and basketball all the time when I was growing up”.
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 world. Bisciotti’s involvement in the sports business has brought more attention to his once low-profile company.
Stephen Bisciotti is the Owner, Baltimore Ravens
- Steve Bisciotti worked in staffing for a year after college before starting Allegis Group in 1983 with his cousin, fellow billionaire Jim Davis.
- What started in a basement has evolved into the largest staffing firm in the U.S., with $12.3 billion in yearly revenue.
- Net worth: $6.3 billion
- Bisciotti also owns the NFL’s Baltimore Ravens, worth $3.4 billion. The team most recently won a Super Bowl title in 2013.
- Bisciotti, who was raised by a single mother in Baltimore, went to college at nearby Salisbury State University.
- Growing up, Bisciotti played football, basketball, and baseball; today he also enjoys golfing and boating.
