Joe Mansueto - Net Worth, Age, Height, Birthday, Bio, Wiki!

Explore Joe Mansueto net worth, age, height, bio, birthday, wiki, and salary! In this article, we will discover how old is Joe Mansueto? Who is Joe Mansueto dating now & how much money does Joe Mansueto have?

Joe Mansueto Biography

Joe Mansueto is one of the most popular and richest Entrepreneur who was born on September 3, 1956 in Stuttgart, Baden-Württemberg, Germany.

In 1984 Mansueto founded Morningstar out of his home with $80,000. Morningstar went public in May 2005.

In 1998 Mansueto married Japanese American Rika Yoshida, a Morningstar analyst. They have three children and live in a newly constructed home in Lincoln Park estimated to cost $22 million to build. Mansueto keeps strict work hours, 8:30 a.m. to 5 or 6 p.m., with an occasional Saturday at the office. Mansueto’s younger brother John died in 2003 of West Nile virus.

Joseph Daniel Mansueto (born September 3, 1956) is an American billionaire entrepreneur; the founder, majority owner and executive chairman of Morningstar, Inc. and owner of Major League Soccer club Chicago Fire FC.

Joe Mansueto Net Worth

Net Worth: As of 2020, Joe Mansueto’s personal net worth stands at an impressive 3.4 billion USD. The majority of this wealth arises from his stake in Morningstar Inc., a company he founded from his home with an initial investment of $80,000 and is now established into a globally recognized investment research firm. As of June 2008, he owns approximately 60.4% of Morningstar’s common stock. In addition, his private investment company, Mansueto Ventures, added considerable value to his portfolio with the purchase of prominent financial magazines, Inc. and Fast Company. His other significant assets include his ownership of Major League Soccer club Chicago Fire FC and Swiss Super League club FC Lugano.

Career and Financial Growth: Mansueto’s financial growth has been directly tied to his successful entrepreneurship career. He turned an initial $80,000 investment in Morningstar into a global company with a market capitalization in billions. His visionary leadership and business acumen have been instrumental in his wealth accumulation. Besides Morningstar, his Mansueto Ventures added strategic investments into his portfolio with the acquisition of financial magazines, enhancing his income sources and diversifying his holdings.

Source of net worth: Majority of Mansueto’s net worth stems from his venture Morningstar Inc., making him an iconic figure in the Entrepreneur world. Moreover, his investments in sports teams like Chicago Fire FC and FC Lugano, and financial magazines via Mansueto Ventures are considered substantial income sources. While there are no details on endorsements or sponsorships, the dominance and visibility of Morningstar in the financial services industry may imply indirect benefits in this regard.

Personal Projects and Ventures: Besides his primary work at Morningstar, Mansueto ventured into the publishing sector by purchasing Inc. and Fast Company magazines. He is also involved in sports, having purchased Major League Soccer club, Chicago Fire FC as well as Swiss Super League club FC Lugano.

Philanthropy: Like many successful entrepreneurs, Joe Mansueto is a dedicated philanthropist. In 2010, he became the only Chicagoan to join the Giving Pledge, an initiative started by Warren Buffett, pledging to give away half of his wealth. He and his wife Rika have made several considerable donations towards urban science and education, including a $25 Million pledge to the University of Chicago for the expansion of the Joseph Regenstein Library.

Recent Developments: As of August 2021, Mansueto making significant inroads into the football industry by purchasing FC Lugano, which now works in tandem with the Chicago Fire. This venture into sports diversifies his financial portfolio beyond the realms of financial services. Presuming the growth and popularity of football continue to surge, this investment could substantially contribute to his future net worth.

As of December 2010, Mansueto was the only Chicagoan on the list of American billionaires pledging to give away half of their wealth, as part of The Giving Pledge by Warren Buffett.

In May, 2008 it was announced that Mansueto and his wife Rika pledged $25 million to the expansion of the Joseph Regenstein Library at the University of Chicago. The new wing, called the Joe and Rika Mansueto Library and designed by Chicago-based architect Helmut Jahn, was completed on May 16, 2011.

Ethnicity, religion & political views

Many peoples want to know what is Joe Mansueto ethnicity, nationality, Ancestry & Race? Let's check it out! As per public resource, IMDb & Wikipedia, Joe Mansueto's ethnicity is Not Known. We will update Joe Mansueto's religion & political views in this article. Please check the article again after few days.

As of June 2008, Mansueto owned about 60.4% of Morningstar common stock. In 2011, his majority ownership of Morningstar gained him inclusion on the Forbes World’s Billionaires list, with a net worth at time of publication of $1.6 billion.

Who is Joe Mansueto Dating?

According to our records, Joe Mansueto is possibily single & has not been previously engaged. As of January 13, 2024, Joe Mansueto’s is not dating anyone.

In the spring of 2016, Mansueto and his wife Rika announced a donation of $35 million to found the Mansueto Institute for Urban Innovation, a part of the University of Chicago committed to advancing urban science through interdisciplinary scholarship.

Height, Weight & Body Measurements

Joe Mansueto height Not available right now. Joe weight Not Known & body measurements will update soon.

Through his company Mansueto Ventures, Mansueto purchased the financial magazines Inc. and Fast Company in June 2005. He was a limited partner in the publication of the entertainment magazine Time Out Chicago from 2005 to 2013.

In September 2016, Morningstar announced that it had appointed Kunal Kapoor as chief executive officer, effective January 2017, with Mansueto becoming executive chairman at the same time.

Facts & Trivia

Joe Ranked on the list of most popular Entrepreneur. Also ranked in the elit list of famous people born in Germany. Joe Mansueto celebrates birthday on September 3 of every year.

In July 2018, it was announced that Mansueto had purchased a 49 percent stake in the Chicago Fire, a Major League Soccer team based in Bridgeview, Illinois. On September 13, 2019, it was announced that Mansueto had acquired full control of the Fire from Andrew Hauptman ahead of the club’s move to Soldier Field.

How did Joe Mansueto make his money?

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 just under half of the publicly traded firm, which manages or advises on more than $200 billion in assets.

Where does Joe Mansueto live?

Personal life. In 1998, Mansueto married Japanese-American Rika Yoshida, a Morningstar analyst. They have three children and live in a home in Lincoln Park, Chicago that cost an estimated $22 million to build.

What does Joe Mansueto own?

Mansueto is the founder and chairman of Morningstar, an investment information and services provider. The Chicago, Illinois-based company publishes its investor reports, including research and ratings, across 29 countries. Mansueto founded the company in 1984 and it reported revenue of $1.7 billion in 2021.

Who is owner of Morningstar?

Joe Mansueto founded Morningstar in 1984 and became executive chairman in 2017.

Who owns the Chicago Fire?

Joe Mansueto

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