Mansueto founded the company in 1984 and it reported revenue of $2. 0 billion in 2023. The majority of mansueto's fortune is derived from his stake in morningstar inc. His 30 million shares are currently worth $1. 3 billion. (this past april, mansueto revealed plans to sell up to 1. 2 million of those shares, which at recent prices would fetch more. He used $80,000 in savings to start investment research firm morningstar in 1984, and by late 2020 mansueto had a net worth of $4. 7 billion, according to forbes.
As of early 2025, his estimated net worth stands at $3. 3 billion. This figure largely derives from his significant holdings in morningstar, inc. , where he still owns about 10,271,886 shares. Despite holding executive positions, mansueto remains a key figure on the forbes 400 list, a reflection. If you started with $10,000 and invested an additional $500 each month at a 42. 16% cagr, it would take you 5 years to reach joe mansueto's net worth of $6. 99b. Joe mansuetos estimated net worth of $7. 4 billion as of december 2024 is primarily derived from his ownership stake in morningstar, inc. , where he holds about 36% of.
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