Portrait of J. Joe Ricketts & family

Rank #451

J. Joe Ricketts & family

Net worth $8.0B

TD Ameritrade · United States

Born
Jul 16, 1941
Age
84
Source
TD Ameritrade
Residence
Little Jackson Hole, Wyoming
Citizenship
United States
Marital status
Married
Children
4
Education
Bachelor of Arts/Science, Creighton University

Net worth over time

Biography

  • Online stock trading pioneer Joe Ricketts founded brokerage firm Ameritrade five decades ago in Omaha, Nebraska and took it public in 1997.
  • His company acquired TD Waterhouse for $2.9 billion in stock and cash in 2006 and renamed itself TD Ameritrade.
  • In 2019, competitor Charles Schwab announced it would acquire TD Ameritrade in a $26 billion deal.
  • Ricketts retired from the board of directors of TD Ameritrade in 2011 but remained its largest individual shareholder until it was acquired.
  • In 2014, he funded the construction of religious silent retreat center, the Cloisters on the Platte, in Nebraska.
  • His four children are the majority owners of the Chicago Cubs, which won the World Series in 2016 for the first time in 108 years.
  • It took Ricketts nine years to graduate from Creighton University because he periodically had to stop and earn money to pay his tuition.
  • Ricketts? son, Pete, was sworn in as a Nebraska senator in January 2023 ? he previously served as governor of the state.

Financial assets

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