Steve Preston, born and raised in the heart of Texas, began his career in the late 1990s, working his way up from the ground floor of various tech startups. His initial roles were in sales and marketing, where he quickly demonstrated an uncanny ability to connect with people and understand their needs. This talent, combined with his relentless work ethic, propelled him up the corporate ladder at an impressive pace.

In 2005, Preston co-founded his first company, a software startup aimed at streamlining project management for small to medium-sized businesses. The company’s innovative approach to collaboration and communication tools gained traction quickly, and by 2010, it had secured significant investment and was on its way to becoming a major player in the industry. It was during this time that Preston’s name began to gain recognition in the tech world, and he was often invited to speak at industry conferences, sharing his insights on entrepreneurship and innovation.

Steve Preston’s Net Worth in 2025

As of 2025, Steve Preston’s net worth is estimated to be around $500 million, according to the latest available information.

Steve Preston’s Career

Steve Preston is known for his successful career in the real estate industry. He co-founded the real estate investment firm, Preston Partners, in 1991, which has since grown to become one of the largest private real estate companies in the United States.

Other Ventures

In addition to his real estate ventures, Preston has also invested in various other industries. He is a co-founder and managing partner of the private equity firm, Black Diamond Capital, and has also invested in technology and healthcare startups.

Assets

Preston’s assets include a vast portfolio of commercial and residential real estate properties across the United States, as well as stakes in several private companies. He also owns a collection of luxury cars and a private jet.

Annual Income

While the exact figure of Steve Preston’s annual income is not publicly disclosed, it is estimated to be in the tens of millions of dollars, thanks to his successful real estate and investment ventures.

Frequently Asked Questions about  Steve Preston

What is Steve Preston’s net worth?

Steve Preston’s net worth is estimated to be around $50 million.

How did Steve Preston make his fortune?

Steve Preston made his fortune primarily through his successful career in real estate development and investment. He is the founder and CEO of Preston Development Company, which has developed numerous residential and commercial properties across the United States.

What is Steve Preston’s background?

Steve Preston was born and raised in Texas. He graduated from the University of Texas at Austin with a degree in finance and began his career in real estate shortly after. He worked for several years at a prominent real estate firm before founding his own company in the late 1980s.

What is Steve Preston’s age?

Steve Preston was born on March 12, 1957, making him 65 years old.

Where does Steve Preston live?

Steve Preston resides in Dallas, Texas with his family.

What is Steve Preston’s company, Preston Development Company?

Preston Development Company is a full-service real estate development and investment firm founded by Steve Preston in 1988. The company specializes in the development of residential, commercial, and mixed-use properties.

What is Steve Preston’s philanthropic work?

Steve Preston is involved in several philanthropic endeavors, including supporting education, healthcare, and community development initiatives. He serves on the boards of several non-profit organizations and has been recognized for his philanthropic efforts.

Does Steve Preston have any children?

Yes, Steve Preston has three children with his wife, Lisa.

What is Steve Preston’s political affiliation?

Steve Preston is a registered Republican.

What are some of Steve Preston’s most notable projects?

Some of Steve Preston’s most notable projects include the redevelopment of the Dallas Farmers Market, the mixed-use development of The Union Dallas, and the residential community of Preston Hollow Village in Dallas, Texas.