Joseph D. Mansueto
(born 1956) 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.
Mansueto graduated from the University of Chicago
with Bachelor of Arts/Science and Master of Business Administration
In 1984, Mansueto founded Morningstar out of his home
Mansueto purchased the financial magazines Inc.
and Fast Company
in June 2005. 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.
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, called the Joe and Rika Mansueto Library, designed by Chicago-based architect Helmut Jahn
opened to the public on May 16, 2011.
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