Mat Ishbia (#437)
- $ 8 B
- Mortgage lender
- United States
- M
- 46 Years
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About Me
Mat Ishbia is chairman and CEO of Michigan-based mortgage lender United Wholesale Mortgage, now UWM Holdings, founded by his father Jeff in 1986. He owns a 61% stake in the company, which went public through a merger with a blank check company in 2021. Launched as a side gig while Jeff worked as an attorney for his day job, UWM grew to become America's largest wholesale lender in 2015. Mat joined the firm in 2003 after graduating from Michigan State and became CEO in 2013. His brother Justin is also a billionaire and owns a 19% stake in the company. In 2023, the Ishbia brothers bought a majority stake in the NBA's Phoenix Suns in a deal that valued the team at $4 billion.
Achievements
Career Highlights
A snapshot of the defining milestones, leadership decisions, and breakthroughs that shaped Mat Ishbia’s rise and global influence.
Wealth Growth
Net Worth Growth Over Time
Tracking Mat Ishbia’s net worth journey over the years, highlighting key growth phases and financial milestones.
Current Net Worth: $8.2B
(May 4, 2026)
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