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Austin was born in Austin, Texas. His parents, James and Beverly Anderson (nee Harrison), divorced when he was around a year old. His mother moved to Victoria, Texas, and in 1968, married Ken Williams. Austin adopted his stepfather's surname and later, legally changed his name to Steven James Williams.

In January 1993, Austin formed a tag team known as The Hollywood Blonds with Brian Pillman. They won the unified NWA and WCW World Tag Team Championship on March 3 by defeating Ricky Steamboat and Shane Douglas and held the title for five months. At Clash of the Champions XXIII on June 16, the Blondes faced Ric Flair and Arn Anderson in a two out of three falls tag team title match and were defeated, but retained the title as one fall had been determined by a disqualification. At Clash of the Champions XXIV on August 18, Austin and Pillman were scheduled to defend their title against Anderson and Paul Roma, but a legitimate injured Pillman was replaced by Steven Regal, with whom Austin lost to Anderson and Roma.  With Pillman still injured, Austin joined Colonel Robert Parker's Stud Stable. After Pillman returned, Austin betrayed and defeated him in a singles match at Clash of the Champions XXV on November 10. At Starrcade on December 27, Austin defeated Dustin Rhodes in a two out of three falls match with two straight falls to win the WCW United States Heavyweight Championship. Austin lost the title to Ricky Steamboat on August 24, 1994 and was scheduled to face Steamboat in a rematch for the title at Fall Brawl on September 18, but Steamboat was unable to wrestle due to a legit back injury and Austin was awarded the title by forfeit. His second reign with the title ended just minutes later when he lost to Steamboat's replacement, Jim Duggan, in a match that lasted thirty-five seconds. Austin unsuccessfully challenged Duggan for the United States Heavyweight Championship at both Halloween Havoc on October 23 and Clash of the Champions XXIX on November 16.  After returning from a knee injury in early 1995, Austin took part in a tournament for the vacant WCW United States Heavyweight title, where he defeated Duggan via countout in the first round, but lost to Randy Savage in the quarterfinals. In 1995, Austin was fired by WCW Vice President Eric Bischoff after suffering a triceps injury while wrestling on a Japanese tour--Bischoff and WCW did not see Austin as a marketable wrestler. Additionally, Bischoff thought Austin was hard to work with.
Stone Cold Steve Austin