Joe Mansueto

About Joe Mansueto

Who is it?: Chairman and CEO, Morningstar
Birth Day: September 03, 1956
Birth Place: Chicago, Illinois, United States
Birth Sign: Libra
Residence: Lincoln Park, Chicago, Illinois, US
Alma mater: University of Chicago (MBA) (BA)
Known for: Founder and executive chairman of Morningstar, Inc.
Spouse(s): Rika Yoshida
Children: 3

Joe Mansueto Net Worth

Joe Mansueto was bornon September 03, 1956 in Chicago, Illinois, United States, is Chairman and CEO, Morningstar. Joe Mansueto started financial information company, Morningstar, in 1984 with $80,000 in savings. In January 2017 Mansueto stepped down as CEO after more than 30 years at the helm. He owns 56% of the publicly traded firm, which manages or advises on over $200 billion in assets. He joined the board of Whole Foods in May 2017.
Joe Mansueto is a member of Media

💰 Net worth: $3.4 Billion (Updated at 22 June 2018)

2009 $1.15 Billion
2010 $1.2 Billion
2011 $1.6 Billion
2012 $1.65 Billion
2013 $2.1 Billion
2014 $2 Billion
2015 $2.2 Billion
2016 $2.2 Billion
2017 $2.2 Billion
2018 $2.52 Billion

Some Joe Mansueto images

Biography/Timeline

1984

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

1988

In 1988 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. He enjoys early morning jogs along Lake Michigan and reading the occasional annual report. Mansueto's younger brother John died in 2003 of West Nile virus.

2005

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.

2008

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.

2010

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.

2011

In May 2008 it was announced that Mansueto and his wife Rika pledged $25 million to the expansion of the main University of Chicago library. The new wing, called the Joe and Rika Mansueto Library, designed by Chicago-based Architect Helmut Jahn opened to the public on May 16, 2011.

2016

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.