Business & Tech

Steve Bisciotti Named One of Nation's Richest People

Forbes has ranked the richest people in America's 50 biggest cities and the Baltimore Ravens owner is the Maryland representative.

MILLERSVILLE, MD — Baltimore Ravens owner Steve Bisciotti has been ranked as one of the richest people in America's 50 largest cities.

According to Forbes, Bisciotti, 55, of Millersville, has a net worth of $3.2 billion. The publication says he made his fortune through a temporary staffing company, Allegis, he founded, and football.

For the first time in its history, Forbes listed the richest person in each of the cities, from Bill Gates in Seattle, who is worth $77 billion, to Mark Bertolini in Hartford, CT, worth a mere $180 million.

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SEE ALSO: Eight Maryland Billionaires Make the 2015 Forbes List

Here's what Forbes had to say about Bisciotti:

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Bisciotti owns the NFL's Baltimore Ravens, which have won two Super Bowls since he first invested -- the first in 2001, right after he bought in as a minority stakeholder, and then again in 2013, several years after he'd assumed majority control.

Bisciotti earned a liberal arts degree from Salisbury University in Maryland and worked in the temporary help industry before cofounding his own staffing firm at age 23. He and his cousin, Jim Davis (who is also a billionaire), started what would become Allegis Group -- now one of the world's biggest staffing companies -- in 1983.

Originally called Aerotek and focused on filling aeronautics, engineering and light industrial jobs, today Allegis Group places people in sectors spanning from IT to finance. The company does more than $10 billion in revenues and processes 8 million paychecks every year.

Check out the rest of Forbes list of the nation's richest by clicking here.

»Screenshot of Steve Bisciotti from Baltimore Ravens/YouTube video.

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