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 just bought PitchBook for $180M

Kapoor took the reins from longstanding founding CEO Joe Mansueto in September of this year. He will inherit the title of chief executive officer on January 1, the same day the deal is set to go into effect. PitchBook will continue to operate as a ...
Posted: October 14, 2016, 9:12 am

Morningstar buys deal-tracking platform PitchBook for $180 million

Morningstar was an early investor in PitchBook, and already owned 20 percent of the company. Morningstar CEO Joe Mansueto told Blue Sky in March that the company already had an operating relationship with PitchBook, supplying PitchBook with data to enhance ...
Posted: October 17, 2016, 5:51 am

Morningstar Founder Joe Mansueto to Step Down

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 5, 2016, 5:00 pm
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