Joseph D.  Mansueto net worth and biography

Joseph Mansueto Biography and Net Worth

Founder & Executive Chairman of the Board of Morningstar

Joseph Mansueto is the founder and executive chairman of the independent investment research firm, Morningstar. He stepped down as CEO in 2017 and now owns just under half of the firm.

Mansueto founded Morningstar in 1984 as a research firm that would provide independent evaluations of mutual funds to individual and professional investors. He started the company from his home with $80,000 in savings. 

Morningstar.com launched in 1997 and has been named a top-10 investment website by Barron's, Kiplinger's Personal Finance Magazine, SmartMoney, Money Magazine, and the Wall Street Journal. By 2000, Morningstar had grown under Mansueto’s leadership to a $50 million company revolutionizing the mutual funds industry.

The company went public in May 2005, and it has twice been named to Fortune Magazine’s “100 Best Companies to Work For” list. SmartMoney Magazine recognized Mansueto among its “SmartMoney Power 30” in 2007, an annual list of the most powerful forces in business and finance. 

Mansueto has served as chairman of the board of directors from the company’s inception in 1984, and as CEO from 1984 to 1996 and again from 2000 to 2016. By 2011, his majority ownership in Morningstar earned him a spot on Forbes’ World's Billionaires list, with a net worth of $1.6 billion at the time of publication. As of late 2020, his net worth sat around $4.7 billion.

In 2008, Mansueto and his wife, Rika, pledged $25 million toward the expansion of the Joseph Regenstein Library at the University of Chicago. The new wing, named the Joe and Rika Mansueto Library, was completed in 2011. 

In 2016, the couple announced a $35 million donation for the Mansueto Institute for Urban Innovation at the University of Chicago. They have also committed to The Giving Pledge, committing to give away at least half of their wealth to philanthropy. Mansueto also serves on the board of directors for Whole Foods Market, Inc. 

Mansueto holds his bachelor’s and master’s degrees in business administration from the University of Chicago. He lives in Chicago with his wife and their three children. 

What is Joseph D. Mansueto's net worth?

The estimated net worth of Joseph D. Mansueto is at least $2.97 billion as of March 13th, 2025. Mr. Mansueto owns 10,029,206 shares of Morningstar stock worth more than $2,969,748,189 as of March 29th. This net worth approximation does not reflect any other assets that Mr. Mansueto may own. Additionally, Mr. Mansueto receives an annual salary of $105,250.00 as Founder & Executive Chairman of the Board at Morningstar. Learn More about Joseph D. Mansueto's net worth.

How old is Joseph D. Mansueto?

Mr. Mansueto is currently 68 years old. There are 4 older executives and no younger executives at Morningstar. Learn More on Joseph D. Mansueto's age.

What is Joseph D. Mansueto's salary?

As the Founder & Executive Chairman of the Board of Morningstar, Inc., Mr. Mansueto earns $105,250.00 per year. There are 3 executives that earn more than Mr. Mansueto. The highest earning executive at Morningstar is Mr. Kunal Kapoor CFA, CEO & Director, who commands a salary of $2,080,000.00 per year. Learn More on Joseph D. Mansueto's salary.

How do I contact Joseph D. Mansueto?

The corporate mailing address for Mr. Mansueto and other Morningstar executives is 22 WEST WASHINGTON STREET, CHICAGO IL, 60602. Morningstar can also be reached via phone at (312) 696-6000 and via email at investors@morningstar.com. Learn More on Joseph D. Mansueto's contact information.

Has Joseph D. Mansueto been buying or selling shares of Morningstar?

Within the last three months, Joseph D. Mansueto has sold $18,770,097.04 in shares of Morningstar stock. Most recently, Joseph D. Mansueto sold 2 shares of the business's stock in a transaction on Thursday, March 13th. The shares were sold at an average price of $287.10, for a transaction totalling $574.20. Following the completion of the sale, the chairman now directly owns 10,029,206 shares of the company's stock, valued at $2,879,385,042.60. Learn More on Joseph D. Mansueto's trading history.

Who are Morningstar's active insiders?

Morningstar's insider roster includes Bevin Desmond (Insider), Robin Diamonte (Director), Jason Dubinsky (CFO), Daniel Dunn (CRO), Steven Kaplan (Director), Gail Landis (Director), William Lyons (Director), Joseph Mansueto (Founder & Executive Chairman of the Board), and Caroline Tsay (Director). Learn More on Morningstar's active insiders.

Are insiders buying or selling shares of Morningstar?

During the last year, insiders at the business services provider sold shares 57 times. They sold a total of 248,698 shares worth more than $77,894,372.82. The most recent insider tranaction occured on March, 13th when Chairman Joseph D Mansueto sold 2 shares worth more than $574.20. Insiders at Morningstar own 39.9% of the company. Learn More about insider trades at Morningstar.

Information on this page was last updated on 3/13/2025.

Joseph D. Mansueto Insider Trading History at Morningstar

Joseph D. Mansueto Buying and Selling Activity at Morningstar

This chart shows Joseph D Mansueto's buying and selling at Morningstar by year and by quarter.

Skip ChartChart Data in Insider Trading History Table
2022202320242025$0bought$19MsoldQ1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1-$40M-$20M$0$20M$40MTotal Insider BuyingTotal Insider Selling

Morningstar Company Overview

Morningstar logo
Morningstar, Inc. provides independent investment insights in the United States, Asia. Australia, Continental Europe, the United Kingdom, and internationally. The company operates in five segments: Morningstar Data and Analytics; PitchBook; Morningstar Wealth; Morningstar Credit; and Morningstar Retirement. The company offers managing investments, including mutual funds, ETFs, separate accounts, collective investment trusts, model portfolios, equities, and fixed income securities; Morningstar Direct is an investment-analysis and reporting platform; Morningstar Advisor Workstation, a suite of tool to provide help and advice. The PitchBook segment provides data and research covering the private capital markets comprising venture capital, private equity, private credit and bank loans, and merger and acquisition activities; and pitchbook platform. It provides model portfolios and wealth platforms; Morningstar Managed Portfolios, an advisor service with model portfolios designed for fee-based independent financial advisors; and Morningstar.com that discovers, evaluates, and monitors stocks, ETFs, and mutual funds; build and monitor portfolios and markets. In addition, the company provides credit ratings, research, data, and credit analytics solutions; Morningstar DBRS which offers securitizations and other structured finance instruments, such as asset-backed securities, residential mortgage-backed securities, commercial mortgage-backed securities, and collateralized loan obligations. Further, it offers managed retirement accounts, fiduciary services, Morningstar Lifetime Allocation funds, and custom models; Morningstar Indexes offers market indexes used for performance benchmarks and as the basis for investment products and other portfolio strategies; and Morningstar Sustainalytics provides environmental, social and governance data, research, analysis, and insights. Morningstar, Inc. was incorporated in 1984 and is headquartered in Chicago, Illinois.
Read More

Today's Range

Now: $296.11
Low: $294.29
High: $302.14

50 Day Range

MA: $313.34
Low: $282.49
High: $333.49

2 Week Range

Now: $296.11
Low: $278.64
High: $365.00

Volume

188,827 shs

Average Volume

126,501 shs

Market Capitalization

$12.69 billion

P/E Ratio

39.12

Dividend Yield

0.60%

Beta

1.23