Justin Ishbia

$5.48B
$103.6M (-1.9%)
as of 10/04/24

About Justin Ishbia

Justin Ishbia is the founder and managing partner of Shore Capital Partners, a Chicago-based private equity firm with over $7 billion in assets under management.

The healthcare-focused, microcap investment firm closed over 700 control deals from 2020 to 2023, making it one of the world's most active buyout shops.

Ishbia owns a 22% stake in United Wholesale Mortgage, founded by his father in 1986 and run by his billionaire brother Mat.

Launched as a side gig while his father Jeff worked as an attorney, Michigan-based UWM became America's largest wholesale lender in 2015. It went public via SPAC in 2021.

In 2023, the Ishbia brothers bought a majority stake in the NBA's Phoenix Suns and WNBA's Phoenix Mercury in a deal that valued the teams at a record $4 billion.

Justin serves as alternate governor of the Suns, Mercury and Major League Soccer's Nashville SC, in which he owns a minority stake.

Personal stats

Citizenship

United States of America

Source of wealth

Private equity

Residence

Chicago, Illinois

Marital status

Married

Birth date

09/18/77 (age 47)

Number of children

3

Education

Bachelor of Arts/Science, Michigan State University; Doctor of Jurisprudence, Vanderbilt University

Self-made

inherited and growing

Justin Ishbia’s fortune is worth

91K

troy ounces of gold

84K

median U.S. household

55K

median U.S. income

0.11%

U.S. credit card volume

0.022%

GDP of the United States

0.016%

United States debt

Net worth history

Annual ranking

Did you know?

Isbhia donated $10 million to Vanderbilt Law in 2021. An alum, he currently serves on the school's board of trust.

Net worth over time

Real-time ranking

Financial assets

NYSE | UWMC-US

United Wholesale Mortgage

Images © Forbes.com. All rights reserved.