Joe Mansueto
$5.3B
Born
Sep 03, 1956
Age
69
Source of Wealth
Investment research
Residence
Chicago, Illinois
Citizenship
United States
Marital Status
Married
Children
3
Education
Bachelor of Arts/Science, University of Chicago
- Joe Mansueto started independent investment research firm Morningstar in 1984 with $80,000 in savings.
- Mansueto stepped down as CEO in 2017 after more than 30 years at the helm.
- He owns about 36% of the publicly traded firm, which manages or advises on more than $290 billion in assets.
- In 2018, the Chicagoan paid $255 million for the iconic Wrigley Building and $106 million to buy the Belden-Stratford apartment building.
- Mansueto bought a 49% stake in the Chicago Fire soccer team in 2018; he bought the rest a year later.
- In 2025, Mansueto announced plans to finance $650 million to build a new soccer stadium in downtown Chicago, which will seat about 22,000 people.
- Mansueto and his wife donated $35 million in 2016 to create an institute to study urban innovation at their alma mater, the University of Chicago.
- Mansueto owns Inc. and Fast Company magazines.
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