Steven Sarowitz

Steven Sarowitz (#2465)

Global Rank #2465

Country Rank #794

Country United States

Steven Sarowitz is listed among the world billionaires tracked by Iconic Billionaires.

$ 2 B
Payroll software
United States
M
60 Years

Snapshot

Quick Facts

Global Rank #2,465

Country Rank #794

Net Worth $1.6B

Previous Worth $1.6B

Worth Change +$0.0B

Country United States

Industry Payroll software

Age 60 Years

Gender M

Worth As Of May 4, 2026

Residence Highland Park, Illinois

Citizenship United States

World Billionaires List United States Billionaires Payroll software

Profile Data

Personal Stats

Age 60

Source Of Wealth Payroll software, Self Made

Self Made Score 8

Philanthropy Score 2

Residence Highland Park, Illinois

Citizenship United States

Marital Status Married

Education Bachelor of Arts/Science, University of Illinois, Urbana-Champaign

Net Worth Change +$0.0B +0.0% from previous worth

Previous Net Worth $1.6B

Current Net Worth $1.6B

Worth as of May 4, 2026

About Me

Steven Sarowitz founded online payroll firm Paylocity in 1997 after working at several other payroll firms. Sarowitz still sits on Paylocity's board but is no longer involved with its operations. He now focuses on philanthropy and has contributed nearly $250 million to his family foundation Julian Grace and spiritually-inspired foundation Wayfarer. Sarowitz also cofounded and co-chairs Wayfarer Studios, which produces films with inspirational messages. "It Ends with Us" starred Blake Lively and was one of the top-grossing films of 2024. After legal controversy erupted around "It Ends with Us," Sarowitz closed his Wayfarer Foundation in 2025 to focus on private giving.

Achievements

Forbes List Highlights

A snapshot of the list placements and rankings connected to Steven Sarowitz.

#2386

Billionaires (2026)

#332

Forbes 400 (2022)

Insights

Did You Know?

Sarowitz is a convert to the Baha'i Faith.

Wealth Growth

Net Worth Growth Over Time

Tracking Steven Sarowitz's net worth journey over the years, highlighting key growth phases and financial milestones.

Worth Trend Net Worth Growth

Period Change Worth Movement

Current Net Worth: $1.6B (May 4, 2026)