Joe Mansueto
Joseph D. Mansueto (born 1956)[1] 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.[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 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.[3]
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 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.
In December 2010, Mansueto became the only Chicagoan on the list of American billionaires pledging to give away half of their wealth,[4] as part of a campaign by the businessman's idol, Warren Buffett.[5]
References
- ^ a b c d "The Quiet Billionaire". Cite error: The named reference "quiet" was defined multiple times with different content (see the help page).
- ^ "Joseph Mansueto - Forbes". March 9, 2011. Retrieved May 16, 2011.
- ^ "Stock Ownership of Joe Mansueto".
- ^ "Mansueto answers Buffett's collect call".
- ^ "Joe Mansueto on Morningstar, Warren Buffett, the Financial Collapse, and More (posted Dec. 10, 2010)".
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