Mat Ishbia Biography and Net Worth

CEO of UWM

Mat Ishbia is the President and CEO of United Wholesale Mortgage (UWM) and the majority owner and governor of the NBA’s Phoenix Suns, the WNBA’s Phoenix Mercury and the G League's Valley Suns. Under his leadership, UWM has emerged as one of the most innovative lenders in the industry. He is a strong advocate for mortgage brokers nationwide, frequently promoting the wholesale channel on major platforms such as CNBC and Fox Business. Mat's commitment to supporting independent mortgage brokers and expanding the wholesale sector has propelled UWM from a modest 12-person operation to the #1 overall mortgage lender in America, maintaining its position as the top wholesale lender for the last decade. In January 2021, he took UWM public in the largest SPAC deal at the time (NYSE: UWMC), significantly enhancing the visibility and value of brokers across the country.

What is Mat Ishbia's net worth?: The estimated net worth of Mat Ishbia is at least $975,091.20 as of September 16th, 2024. Mr. Ishbia owns 171,520 shares of UWM stock worth more than $975,091 as of March 26th. This net worth evaluation does not reflect any other investments that Mr. Ishbia may own. Additionally, Mr. Ishbia receives a salary of $11,010,000.00 as CEO at UWM. Learn More about Mat Ishbia's net worth.
How old is Mat Ishbia?: Mr. Ishbia is currently 44 years old. There are 5 older executives and no younger executives at UWM. Learn More on Mat Ishbia's age.
What is Mat Ishbia's salary?: As the CEO of UWM Holdings Co., Mr. Ishbia earns $11,010,000.00 per year. Learn More on Mat Ishbia's salary.
How do I contact Mat Ishbia?: The corporate mailing address for Mr. Ishbia and other UWM executives is 585 South Boulevard E., Pontiac MI, 48341. UWM can also be reached via phone at 800-981-8898 and via email at investorrelations@uwm.com. Learn More on Mat Ishbia's contact information.
Has Mat Ishbia been buying or selling shares of UWM?: Mat Ishbia has not been actively trading shares of UWM during the past quarter. Most recently, Ishbia Mat sold 1,200,000 shares of the business's stock in a transaction on Monday, September 16th. The shares were sold at an average price of $8.45, for a transaction totalling $10,140,000.00. Following the completion of the sale, the chief executive officer now directly owns 171,520 shares of the company's stock, valued at $1,449,344. Learn More on Mat Ishbia's trading history.
Who are UWM's active insiders?: UWM's insider roster includes Tim Forrester (CFO), Andrew Hubacker (CAO), Mat Ishbia (CEO), Laura Lawson (EVP), Robert Verdun (Director), and Melinda Wilner (COO). Learn More on UWM's active insiders.
Are insiders buying or selling shares of UWM?: During the last twelve months, insiders at the sold shares 2 times. They sold a total of 6,200,000 shares worth more than $55,690,000.00. The most recent insider tranaction occured on September, 16th when CEO Ishbia Mat sold 1,200,000 shares worth more than $10,140,000.00. Insiders at UWM own 94.1% of the company. Learn More about insider trades at UWM.
Information on this page was last updated on 9/16/2024.

Mat Ishbia Insider Trading History at UWM

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction	Details
9/16/2024	Sell	1,200,000	$8.45	$10,140,000.00	171,520
8/30/2024	Sell	5,000,000	$9.11	$45,550,000.00	171,520

Mat Ishbia Buying and Selling Activity at UWM

UWM Company Overview

UWM Holdings Corporation engages in the residential mortgage lending business in the United States. The company offers mortgage loans through wholesale channel. It originates primarily conforming and government loans. UWM Holdings Corporation was founded in 1986 and is headquartered in Pontiac, Michigan.

Today's Range

Now: $5.69

$5.64

$5.71

50 Day Range

MA: $6.19

$5.68

$6.63

2 Week Range

Now: $5.69

$5.31

$9.74

Volume

81,942 shs

Average Volume

2,530,911 shs

Market Capitalization

$9.09 billion

P/E Ratio

N/A

Dividend Yield

6.81%

Beta

1.64

Mat Ishbia Biography and Net Worth

What is Mat Ishbia's net worth?

How old is Mat Ishbia?

What is Mat Ishbia's salary?

How do I contact Mat Ishbia?

Has Mat Ishbia been buying or selling shares of UWM?

Who are UWM's active insiders?

Are insiders buying or selling shares of UWM?