Billionaire Darwin Deason The Man Who Sold ACS To Xerox for $6.4 Billion in 2010 Passes Away at 85.

toner · 2025-12-17T11:39:48-05:00

Darwin Deason: The "Hustle" Behind a $6 Billion Legacy Darwin Deason, the self-made billionaire and founder of Affiliated Computer Services (ACS), passed away on December 2, 2025, at the age of 85. Known for his relentless work ethic and "hustle" mantra, Deason transformed a humble start into a multibillion-dollar empire, cementing his place as a titan of the American tech and outsourcing industries. From Mailroom to Boardroom Born in 1940 on a farm in Rogers, Arkansas, Deason's early life was defined by modest means. The day after his high school graduation, he left home with just $50 and a 1949 Pontiac to find work in Tulsa, Oklahoma. Early Career: He began as a mail clerk at Gulf Oil, quickly moving into data processing—a field that would define his professional life. MTech: Deason later joined the data-processing firm MTech, rising to become its CEO at the age of 29. The Rise of ACS After MTech was sold to Electronic Data Systems (EDS) in 1988, Deason founded Affiliated Computer Services (ACS) with a small group of IT professionals. Global Expansion: Under his leadership, ACS became a pioneer in business process outsourcing, handling critical operations for clients like E-ZPass, 7-Eleven, and UPS. The Big Sale: Deason took ACS public in 1994. In 2010, he orchestrated its sale to Xerox for $6.4 billion, eventually becoming Xerox's largest individual shareholder. A Legacy of "Hustle" Deason was famous for his "Hustle Cards"—small cards he distributed to employees and friends as a reminder of "the most important word in the English language". His son, Doug Deason, noted that his father’s greatest legacy was this unwavering drive, often working from 4:30 a.m. until well after midnight. Beyond business, Deason was a major philanthropist and political donor. He contributed millions to Southern Methodist University (SMU), establishing the Darwin Deason Institute for Cybersecurity and the Deason Center for Criminal Justice Reform. At the time of his death, Forbes estimated his net worth at $1.3 billion. Click here for more information!

Tonernews.com, December 17, 2025. USA

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Darwin Deason: The “Hustle” Behind a $6 Billion Legacy

Darwin Deason, the self-made billionaire and founder of Affiliated Computer Services (ACS), passed away on December 2, 2025, at the age of 85. Known for his relentless work ethic and “hustle” mantra, Deason transformed a humble start into a multibillion-dollar empire, cementing his place as a titan of the American tech and outsourcing industries.

From Mailroom to Boardroom

Born in 1940 on a farm in Rogers, Arkansas, Deason’s early life was defined by modest means. The day after his high school graduation, he left home with just $50 and a 1949 Pontiac to find work in Tulsa, Oklahoma.
- Early Career: He began as a mail clerk at Gulf Oil, quickly moving into data processing—a field that would define his professional life.
- MTech: Deason later joined the data-processing firm MTech, rising to become its CEO at the age of 29.
The Rise of ACS

After MTech was sold to Electronic Data Systems (EDS) in 1988, Deason founded Affiliated Computer Services (ACS) with a small group of IT professionals.
- Global Expansion: Under his leadership, ACS became a pioneer in business process outsourcing, handling critical operations for clients like E-ZPass, 7-Eleven, and UPS.
- The Big Sale: Deason took ACS public in 1994. In 2010, he orchestrated its sale to Xerox for $6.4 billion, eventually becoming Xerox’s largest individual shareholder.
A Legacy of “Hustle”

Deason was famous for his “Hustle Cards”—small cards he distributed to employees and friends as a reminder of “the most important word in the English language”. His son, Doug Deason, noted that his father’s greatest legacy was this unwavering drive, often working from 4:30 a.m. until well after midnight. Beyond business, Deason was a major philanthropist and political donor. He contributed millions to Southern Methodist University (SMU), establishing the Darwin Deason Institute for Cybersecurity and the Deason Center for Criminal Justice Reform. At the time of his death, Forbes estimated his net worth at $1.3 billion.
Click here for more information!
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December 17, 2025 at 11:39 AM

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