Steven Sarowitz: Steven Sarowitz Net Worth, Biography, Age, Spouse, Children & More

About Steven Sarowitz

Steve Sarowitz, esteemed American entrepreneur and Paylocity's founder, a major player in the payroll industry, was born around 1965-1966. An alumnus of the University of Illinois at Urbana–Champaign, Sarowitz held a significant 44% stake at Paylocity's 2014 IPO, which decreased to 28% by April 2019. Residing in Highland Park, Illinois with his wife Jessica, the successful business magnate originally from a Jewish background has notably embraced the Baháʼí Faith.

Born

November 07, 1965

Age

60 years

Source Of Wealth

Payroll Software

Industries

Technology

Citizenship

United States

Residence

Highland Park, Illinois

Education

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

Spouse

Jessica Sarowitz

Steve Sarowitz, an American billionaire businessman and the founder of Paylocity, was born in 1965 or 1966. Unfortunately, there is limited information available about his early years and childhood.

Steven Sarowitz: Family

Steve Sarowitz is married to Jessica, and they reside in Highland Park, Illinois. The couple has children, but their names and details remain private.

Steven Sarowitz: Career Highlights

Steve Sarowitz's career is marked by significant achievements in the business world. He is best known as the founder of Paylocity, a leading provider of cloud-based payroll and human capital management software solutions. Under his leadership, Paylocity experienced remarkable growth and success.

Steven Sarowitz: Companies

Steve Sarowitz is primarily associated with Paylocity, the company he founded and led as its CEO. Paylocity has become a prominent player in the payroll and human capital management industry, serving thousands of businesses across the United States.

Steven Sarowitz: Major Achievements

One of Steve Sarowitz's major achievements is the successful growth and expansion of Paylocity. Under his guidance, the company achieved significant milestones, including its initial public offering (IPO) in March 2014. At the time of the IPO, Sarowitz owned 44% of Paylocity, making him a billionaire.

Steven Sarowitz: Awards & Achievements

Steve Sarowitz has received recognition for his contributions to the business world. In 2019, he was named the Ernst & Young Entrepreneur Of The Year® 2019 in the Midwest region. This prestigious award acknowledges his outstanding achievements and leadership in the entrepreneurial community.

Steven Sarowitz: Personal Life & Legacy

Steve Sarowitz leads a private personal life, and information about his family and personal interests is limited. However, it is known that he was raised Jewish but later embraced the Baháʼí Faith.

Steven Sarowitz: Trivia

Steve Sarowitz is known for his passion for technology and innovation. He has been instrumental in driving Paylocity's adoption of cutting-edge technologies to enhance its payroll and human capital management solutions.

Wealth History

Timeline

1965 or 1966

Steve Sarowitz was born.

N/A

Steve Sarowitz earned a bachelor's degree from the University of Illinois at Urbana–Champaign.

March 2014

Steve Sarowitz owned 44% of Paylocity at its IPO.

April 2019

Steve Sarowitz owned 28% of Paylocity.

N/A

Steve Sarowitz married Jessica and lives in Highland Park, Illinois.

N/A

Steve Sarowitz was raised Jewish but later embraced the Baháʼí Faith.

Steven Sarowitz : FAQs

What is Steven Sarowitz's current net worth?

Steven Sarowitz's current net worth is $1.62 billion.

What is Steven Sarowitz's current global rank among billionaires?

Steven Sarowitz holds the 2470th position globally among billionaires.

What is Steven Sarowitz's current ranking within the United States?

Steven Sarowitz holds the 772nd position in United States.

What was the change in Steven Sarowitz's net worth compared to the previous year?

Steven Sarowitz's net worth decreased by 450.26 million dollars compared to the previous year 2025, when his net worth was 2.07 billion dollars.

What is the recent change in Steven Sarowitz's net worth?

Steven Sarowitz's net worth decreased by 7.13 million dollars recently, a 0.44% decrease, with his net worth standing at 1.62 billion dollars.

What are Steven Sarowitz's main sources of wealth?

Steven Sarowitz's main source of income comes from Payroll Software.

In which industry does Steven Sarowitz primarily operate?

Steven Sarowitz is primarily involved in the Technology industry.

What is Steven Sarowitz educational background?

Steven Sarowitz holds a Bachelor of Arts/Science from the University of Illinois from Urbana-Champaign.

How old is Steven Sarowitz?

Steven Sarowitz is 60 years old.

Who is Steve Sarowitz and what is he known for?

Steve Sarowitz is an American billionaire businessman, best known for founding Paylocity, a cloud-based payroll and human capital management software company.

When was Steve Sarowitz, the founder of Paylocity, born?

Steve Sarowitz was born in either 1965 or 1966.

What education does Paylocity founder Steve Sarowitz have?

Steve Sarowitz earned a bachelor's degree from the University of Illinois at Urbana–Champaign.

How much of Paylocity did Steve Sarowitz own during and after its IPO?

Steve Sarowitz owned 44% of Paylocity at the time of its IPO in March 2014, and his ownership stood at 28% in April 2019.

What is known about Steve Sarowitz's personal life and beliefs?

Steve Sarowitz is married to Jessica and resides in Highland Park, Illinois. Though he was raised Jewish, he later embraced the Baháʼí Faith.