Joe Mansueto internet price: How billionaire is funding Chicago Fire’s new $650M stadium

Jun 03, 2025 09:21 PM IST

Joe Mansueto is funding a 22,000-seat, soccer-only stadium which will probably be situated on the vacant South Loop parcel generally known as “The 78.” 

Joe Mansueto, the billionaire owner of the Chicago Fire FC, has decided to spend $650 million of his own money to bankroll a massive stadium. The 22,000-seat, soccer-only stadium will be located on the vacant South Loop parcel known as “The 78,” in accordance with the Chicago Sun-Times.

Joe Mansueto internet price: How billionaire is funding Chicago Fire’s new $650M stadium (chicagofire screenshot/Instagram)

In an article printed by the Chicago Fire, Mansueto, founder and chairperson of Morningstar, a Chicago-based monetary companies agency, described the open-air area as “more than just a stadium.” He hopes to finish and open it in time for the 2028 season.

Announcing his “plans for a new, privately funded, soccer-specific stadium and entertainment district,” Mansueto, 68, wrote, “It’s a space for fans of all ages, backgrounds and neighborhoods to come together and celebrate the beautiful game – right in the heart of our city. It’s about investing in Chicago, not just on match days, but every day as a committed community partner.”

“The Chicago Fire is a Club on the rise. And soon, we’ll have a permanent home that reflects the passion, energy and pride of the city we love,” he added.

What is Joe Mansueto’s internet price?

According to Celebrity Net Worth, Mansueto has a internet price of $1.93 billion. However, The Patch reported in April 2025 that he has an estimated internet price of $6.7 billion.

According to Celebrity Net Worth, Mansueto began Morningstar, an funding analysis and administration agency headquartered in Chicago, Illinois, out of his residence in 1984 for $80,000. The firm lastly went public in 2005. Their income was simply shy of $700 million again in 2013.

Mansueto purchased the monetary magazines Fast Company and Inc in 2005, and owned over 60% of frequent inventory in Morningstar by 2008. He additionally went on to put money into Wrapports, which bought the Chicago Sun-Times in 2011. He owned a stake in Time Out Chicago journal, however bought it in 2013.

In 1988, Mansueto married Rika Yoshida, and the 2 pledged $25 million for the enlargement of the University of Chicago library in 2008. Mansueto was included on the Forbes World’s Billionaires checklist in 2011. 

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