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.

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Joe Mansueto Latest News

Morningstar's new CEO made $4.6 million in 2017

Kapoor, 42, took the CEO role at the beginning of 2017 after founder and former CEO Joe Mansueto stepped down. Mansueto remains executive chairman. Of Kapoor's total $4.6 million compensation, the majority was $3.4 million in stock awards, according to a ...
Posted: April 6, 2018, 11:11 am

Fast Company in for big changes amid executive turnover

The news comes as Bob Safian, the longtime editor and managing director of Mansueto’s Fast Company, announced last week he would be leaving the company owned by billionaire Joe Mansueto at the end of January, ending an 11-year run at the top. The top ...
Posted: December 19, 2017, 6:49 pm

Chicago's landmark Wrigley building expected to sell for $255 million

Joe Mansueto has reportedly struck a deal with the current building’s ownership group led by BDT Capital Partners, the Chicago Tribune reported. Mansueto is the founder and former CEO of investment research firm Morningstar. The hefty price tag is ...
Posted: May 19, 2018, 3:22 am
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