Mat Ishbia is a businessman and CEO of United Wholesale Mortgage.
He obtained a Bachelor of Business Administration from Michigan State University in 2003.
Ishbia played basketball while at Michigan State and was on the team that won the NCAA men’s basketball championship in 2000.
Following graduation in 2003, he joined United Wholesale Mortgage and rose to become the CEO in 2013.
He owns a 71% stake in the company, which went public through a merger with a blank check company in 2021.
In 2021, Ishbia pledged $32 million to Michigan State’s athletic department and signed on to help fund football coach Mel Tucker’s $95 million contract.
In 2022, Mat Ishbia is expected to become the owner of the NBA’s Phoenix Suns and WNBA’s Phoenix Mercury.
What company does Matt Ishbia own?
Mat Ishbia is the President and CEO of United Wholesale Mortgage, now UWM Holdings, founded by his father Jeff in 1986.
When did Mat Ishbia become CEO?
Mat Ishbia became the CEO in 2013.