Joe Mansueto Net Worth is$1.2 Billion
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Date of Birth: 1956

Country: Italy, United States of America

Joe Mansueto is an American businessman with a net worth of $1.2 billion. Joe Mansueto has earned his net worth as founder and CEO of Morningstar Inc. He appeared on the Forbes 400 Richest Americans list, due to his majority ownership of Morningstar. He holds a Bachelor of Arts/Science from University of Chicago, and also a Master of Business Administration degree. In 2005 he bought financial magazines Inc. and Fast Company.
Joseph D. Mansueto (born September 3, 1956) is the founder and CEO of Morningstar, Inc.. 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.
Mansueto graduated from the University of Chicago with Bachelor of Arts/Science and Master of Business Administration degrees.
In 1984, Mansueto founded Morningstar out of his home with $80,000. Morningstar went public in May 2005.
Mansueto purchased the financial magazines Inc. and Fast Company in June 2005. He is a limited partner in the publication of entertainment magazine 'Time Out Chicago' first published in 2005 and part of the London based 'Time Out' publishing group. a 50 percent partner in Time Out Chicago, a guide to entertainment and local attractions that began publication in 2005 and has a circulation of nearly 40,000
Mansueto owned about 60.4% of Morningstar common stock as of June 2008.
In May 2008, it was announced that Joseph 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.
In December 2010, Mansueto became the only Chicagoan on the list of American billionaires pledging to give away half of their wealth, as part of a campaign by the businessman's idol, Warren Buffett.

Joe Mansueto Latest News

Founder Joe Mansueto to step down as Morningstar CEO

The man who launched Morningstar Inc. from his Chicago apartment in 1984 is stepping down as chief executive. Joe Mansueto will become executive chairman of the mutual-fund data company in January. His successor will be the firm’s president, Kunal Kapoor ...
Posted: September 6, 2016, 2:32 am

Whole Foods Market Announces Board Refreshment with the Appointment of Five New Independent Directors and New Board Leadership

Inc. (NASDAQ:WFM) ("Whole Foods Market" or "the Company") today announced a significant refreshment of its Board of Directors by appointing five new independent directors, effective immediately: Ken Hicks; Joe Mansueto; Sharon McCollam; Scott Powers ...
Posted: May 9, 2017, 9:02 pm

Kapoor to replace billionaire founder Mansueto as Morningstar CEO

Morningstar says Kunal Kapoor, its 41-year-old president, will become the new chief executive at the Chicago-based investment research firm on Jan. 1, 2017, replacing billionaire founder Joe Mansueto. Kapoor, who joined Morningstar as a data analyst in ...
Posted: September 6, 2016, 3:15 pm

Chicago Sun-Times investors lost $80 million

Other investors included GCM Grosvenor Capital Management Chairman and CEO Michael Sacks; Morningstar founder and Executive Chairman Joe Mansueto; Wirtz President and Chicago Blackhawks owner Rocky Wirtz; and Beau Wrigley, former CEO and chairman of candy ...
Posted: August 2, 2017, 5:01 am

Morningstar intensifies competition with asset managers

Morningstar is considered to be one of the most powerful forces in asset management. The company, which was founded three decades ago by former stock analyst Joe Mansueto in his one-bedroom flat in Chicago, started out as a boutique research provider that ...
Posted: January 8, 2017, 7:33 pm
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