Mat Randall Ishbia Net Worth

Age, Biography and Wiki

💰 Net worth: $100K - $1M

About

American businessman and billionaire who is best known as the President and CEO of United Wholesale Mortgage, the No. 1 overall mortgage lender in the nation. At the end of 2019, UWM broke the all-time record of wholesale volume in one year with over $107.7 billion in mortgage originations, while holding its title as the fastest-growing mortgage company in America.

He graduated from Ernest W. Seaholm High School. Prior to joining UWM, he played for Michigan State University's basketball team for four years, where he went to three Final Fours and won the National Championship in 2000.

He has been named one of the "25 Most Connected Mortgage Professionals" by National Mortgage Professional magazine, as well as one of Mortgage Professional of America's "Global 100." He has also been named a "Rising Star" and "Vanguard Award" winner by HousingWire. On February 4, 2021, he donated $32 million to Michigan State University, the largest one-time commitment from an individual.

He and his ex-wife have three children together. He and his older brother Justin Ishbia are co-owners of the Phoenix Suns of the NBA and Phoenix Mercury of the WNBA.

He spent a year coaching alongside Tom Izzo at Michigan State University.

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