Darwin Deason’s profile picture

Darwin Deason

Darwin Deason’s profile picture
Net worth 2018: $1.32 Billion
Industry: Service
Residence: Dallas, Texas
Country: United States
Children: 3
Education: Diploma, High School
BIOGRAPHY

Darwin Deason was born in Dallas, Texas, United States. Darwin Deason is #1737 in List Billionaires People In The World. A former Arkansas farm boy whose family often didn't have a dollar to spare for the movies, Darwin Deason left his small town the day after he graduated high school, with $50 borrowed from his dad and a 1949 Pontiac. He headed for the "bright lights, big city" of Tulsa, Oklahoma and got a job at Gulf Oil. He eventually joined Dallas data-processing firm MTech and later took it over after all but his division failed. Deason became CEO at age 29, sold MTech in 1988 and within days started Affiliated Computer Services to handle computer and other business process services. It eventually handled services for clients such as E-ZPass. He later took ACS public and then sold it to Xerox for $6.4 billion in 2010. Deason, who once said that "if success is a happy family, coaching your kids' games, then don't become an entrepreneur," is married to his fifth wife, Katerina, 27 years his junior. They split their time these days between Dallas, San Diego and their 205-foot yacht "Apogee."

NET WORTH STATISTIC
2010

$1 Billion

2011

$1.05 Billion

2012

$1.1 Billion

2013

$1 Billion

2014

$1.1 Billion

2015

$1.5 Billion

2016

$1.4 Billion

2017

$1.2 Billion

2018

$1.32 Billion

TIMELINE
2017

During the 2017 attempt to repeal the Affordable Care Act, Doug Deason told Senator Mitch McConnell and other senior Republicans that they would not make political contributions if Congress did not reduce taxes and repeal the Affordable Care Act

2016

Deason and his family donated $1 million to support Donald Trump's 2016 presidential candidacy

2015

In October 2015, Darwin Deason backed Ted Cruz for the 2016 campaignDeason also donated $5 million to support Perry's 2016 presidential candidacy

2012

Deason and his family donated $250,000 to support Rick Perry's 2012 presidential candidacy

2010

Shareholders sued Deason due to the premium that Deason received in the deal, but the sale went through in 2010

2007

In 2007, Deason attempted to buy control of ACS with the help of Cerberus Capital Management, but the deal collapsed and members of the A

1999

Deason retired as CEO of the company in 1999, but remained chairman

1988

After selling MTech, Deason founded Affiliated Computer Services in 1988

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