Billionaire mortgage lender Mat Ishbia - New owner of the Phoenix Suns

LV-Suns · Post #1 » by **LV-Suns** » Tue Dec 20, 2022 5:44 pm

Slim Charless · Post #2 » by **Slim Charless** » Tue Dec 20, 2022 5:46 pm

11 billion dollar net worth....

LV-Suns · Post #3 » by **LV-Suns** » Tue Dec 20, 2022 5:47 pm

Slim Charless wrote:6 billion dollar net worth....

I am seeing 11 billion somewhere else. Also a former basketball player, he was on the Michigan St team that won the NCAA championship in 99

All about Former Michigan State basketball player Mat Ishbia net worth. Read the article to learn about the former Spartans player’s life as the CEO of United Wholesale Mortgage. Mat Ishbia net worth is currently over $11 billion, this information is a source through yahoo finance. Mat’s stake in the company currently stands at 70 percent of the total share, according to Yahoo Finance which allows him to earn this lavish fortune. But there was also a time where Ishbia could have been in a different place with his professional life, particularly as a coach.

https://otakukart.com/mat-ishbia-net-worth-all-about-his-professional-life/

https://www.sports-reference.com/cbb/players/mat-ishbia-1.html

Slim Charless · Post #4 » by **Slim Charless** » Tue Dec 20, 2022 5:48 pm

LV-Suns wrote:
Slim Charless wrote:6 billion dollar net worth....

I am seeing 11 billion somewhere else. Also a former basketball player.

All about Former Michigan State basketball player Mat Ishbia net worth. Read the article to learn about the former Spartans player’s life as the CEO of United Wholesale Mortgage. Mat Ishbia net worth is currently over $11 billion, this information is a source through yahoo finance. Mat’s stake in the company currently stands at 70 percent of the total share, according to Yahoo Finance which allows him to earn this lavish fortune. But there was also a time where Ishbia could have been in a different place with his professional life, particularly as a coach.

https://otakukart.com/mat-ishbia-net-worth-all-about-his-professional-life/

I just changed it. Google told me something than Forbes said something else. I see more 11 than 6.

That's a hell of a difference. Hopefully he's down to spend that 11

King4Day · Post #5 » by **King4Day** » Tue Dec 20, 2022 5:51 pm

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Slim Charless · Post #6 » by **Slim Charless** » Tue Dec 20, 2022 5:53 pm

I wonder if he's the sole owner or if he's in a group that bought it.

His brother, Justin is his business partner and is a billionaire in his own right. Maybe the brothers combined resources? That'd likely make the combo north of 20 billion if that's the case. Near Balmer levels......

RedIndian · Post #7 » by **RedIndian** » Tue Dec 20, 2022 6:01 pm

The brothers put in a bid together for the Denver Broncos. I'm assuming this a joint bid too

WeekapaugGroove · Post #8 » by **WeekapaugGroove** » Tue Dec 20, 2022 6:06 pm

I like it. One of my best friends went to Michigan St. and was an acquaintance of his in college. Said he was a good dude who LOVES sports.

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sunsbg · Post #9 » by **sunsbg** » Tue Dec 20, 2022 6:07 pm

Sarver, Doncic, now this guy. Suns change owners so often I can't keep track anymore.

Seriously though sounds like a great guy to be the next owner. Congrats!

RedIndian · Post #10 » by **RedIndian** » Tue Dec 20, 2022 6:09 pm

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?s=20&t=l74vS9TsD0KU9h6EeG2tBg

LV-Suns · Post #11 » by **LV-Suns** » Tue Dec 20, 2022 6:13 pm

Apparently there is a whole subreddit dedicated to **** on him and his company.

https://old.reddit.com/r/pillar7/top/

Crives · Post #12 » by **Crives** » Tue Dec 20, 2022 6:14 pm

Mortgage industry is about to go bust.. hope his net worth is not about to tank

King4Day · Post #13 » by **King4Day** » Tue Dec 20, 2022 6:14 pm

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King4Day · Post #14 » by **King4Day** » Tue Dec 20, 2022 6:14 pm

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WeekapaugGroove · Post #15 » by **WeekapaugGroove** » Tue Dec 20, 2022 6:14 pm

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King4Day · Post #16 » by **King4Day** » Tue Dec 20, 2022 6:15 pm

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Post #17 » by **bwgood77** » Tue Dec 20, 2022 6:15 pm

WeekapaugGroove wrote:I like it. One of my best friends went to Michigan St. and was an acquaintance of his in college. Said he was a good dude who LOVES sports.

Sent from my SM-G986U using RealGM mobile app

Awesome. I see he took over as CEO of a company and then later to it public, and it was valued at 16 billion.

He has also contributed $32 million to Michigan St, their largest donation ever, and $1 million to cancer research.

Sounds like a solid owner, who likely will be more focused on the team than some Venture Capital form or someone involved in a large company (and multiple ones, including board seats) like Bezos or Ellison.

Slim Charless · Post #18 » by **Slim Charless** » Tue Dec 20, 2022 6:15 pm

RedIndian wrote:

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?s=20&t=l74vS9TsD0KU9h6EeG2tBg

...and there we have it. If they are in the neighborhood of 20B that places them roughly 3rd place as richest in the league. Maybe even runner up to Balmer.

That works just fine. They're young (in their 40s) too so they'll probably spend.

King4Day · Post #19 » by **King4Day** » Tue Dec 20, 2022 6:17 pm

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Post #20 » by **bwgood77** » Tue Dec 20, 2022 6:18 pm

Played with Jason Richardson on that championship team. I wonder if he is a Draymond Green fan...or Xavier Tillman or Bryn Forbes.