Portrait of Justin Ishbia

Rank #739

Justin Ishbia

Net worth $5.6B

Private equity · United States

Born
Sep 18, 1977
Age
48
Source
Private equity
Residence
Chicago, Illinois
Citizenship
United States
Marital status
Married
Children
4
Education
Bachelor of Arts/Science, Michigan State University; Doctor of Jurisprudence, Vanderbilt University

Net worth over time

Biography

  • Justin Ishbia is the founder and managing partner of Shore Capital Partners, a Chicago-based private equity firm with over $17 billion in assets under management.
  • The lower middle market focused investment firm has closed over 1,000 control deals in the last 10 years, making it one of the world's most active buyout shops.
  • In 2025, Ishbia entered into an agreement to become the Chicago White Sox's controlling owner between 2029 and 2034. Forbes estimates he and brother Mat Ishbia already own 35% of the team.
  • In 2023, the Ishbia brothers bought a majority stake in the NBA's Phoenix Suns and WNBA's Phoenix Mercury in a deal that valued the teams at $4 billion. Mat is the controlling owner.
  • Justin serves as alternate governor of the Suns, Mercury and Major League Soccer's Nashville SC, in which he owns a minority stake.
  • He is also a director and owns 19% of mortgage lender UWM holdings, which his father founded in 1986 and his brother Mat now runs. Mat is also a billionaire.
  • Justin Ishbia has donated over $10 million to each of his alma maters, Michigan State University and Vanderbilt University Law School.
  • Prior to joining the investing world, Ishbia worked as an attorney.

Financial assets

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