Joe Mansueto

From Wikipedia, the free encyclopedia

Joseph D. Mansueto (born 1956)[1] is the founder and CEO of Morningstar, Inc.. His ownership of Morningstar recently gained him inclusion on the Forbes 400 Richest Americans list, with a net worth at time of publication of $1.2 billion.[2]

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 [1] with $80,000. Morningstar went public in May 2005.[1]

Mansueto purchased the financial magazines Inc. and Fast Company in June 2005.[1] He is a limited partner in the publication of entertainment magazine Time Out.

Mansueto owned about 60.4% of Morningstar common stock as of June 2008.[3]

In May of 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 will be called the Joe and Rika Mansueto Library, and will be designed by Chicago-based architect Helmut Jahn. The project is expected to be complete in Fall of 2010.

[edit] References

  1. ^ a b c d The Quiet Billionaire.
  2. ^ Joe on Forbes.
  3. ^ Stock Ownership of Joe Mansueto.
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